Insurance Website
800.772.8043
Quick Links Personal Insurance Business Insurance Life & Health Insurance Senior Products Programs

Family With FlowerLife insurance is something that makes good financial sense to purchase, but it isn't something that many people want to spend money on. It can give you peace of mind, though, knowing you are doing the best thing you can for your loved ones.

When you make the decision to purchase a life insurance policy, there are options when it comes to saving money.
  • Purchase life insurance while you are young. Your age and your health are huge factors in purchasing a life insurance policy. The younger you are, and the healthier you generally are; this can lead to lower rates for life insurance. If you wait until you are older and your health is not its best, your premiums will likely be higher. For example, if you are fairly young and healthy, a $500,000 life insurance policy may cost you two to three hundred dollars annually. If you are older, your policy could cost thousands of dollars each year.
  • Are price breaks an option? Many insurance companies offer price breaks when you opt for more coverage. For instance, instead of getting $450,000 worth of coverage, you may save on your premium by choosing a policy for $500,000 worth of coverage. While you may feel like your family only needs a particular amount, you might be able to give them more protection for a lower price.
  • Are there renewal guarantees? If your insurance company offers renewal guarantees, you may not have to get a medical exam when it is time to renew your policy. While your renewal will be based on your age at the time, you won't risk being declined due to any health problems or lifestyle choices. This is a great way to save money since you get stay on the same plan for years.
  • Are payment options available? Some insurance companies allow you to pay your policy annually, quarterly or monthly. Choosing the annual payment option will save you money. If you choose to pay each month or quarterly, it may cost you more in the form of bill processing fees.
We'll help you get the right coverage. Call TCU Insurance Agency at (800) 772-8043 for more information on life insurance.
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Connect With Us:
Facebook Twitter LinkedIn Google+ Yelp
Latest News
Read more >
Trusted Choice TCU Insurance Agency
Corporate Office

425 Lincolnway East
Mishawaka, IN 46544

Ph: 574.256.6070
Ph: 800.772.8043
Fx: 574.252.2109
  Request A Quote
Contact Us
Auto Insurance
Home Insurance
Business Insurance
Life & Health Insurance
Senior Products
Other Programs
Home Page
Who We Are
Our Carriers
Map & Directions
FAQ
News Center
Newsletters
©2017 Teachers Credit UnionPowered by Insurance Website Builder