Getting life insurance is essential—it shouldn’t feel impossible! Plus, we’re taking a look at ways you can get affordable coverage. 

What is the Easiest Way to Get Life Insurance Coverage?
Looking into purchasing a life insurance policy for the first time? Congratulations! You are taking the first step to protecting your family in the future. Life insurance is far from the most simple or interesting subject, which is why we’re going to be going over some of the basics when it comes to finding the right life insurance policy. Since we all lead such busy lives, we’re going to be focusing on the easiest ways to get life insurance coverage. If you need to get insured and want to get approved as soon as possible, you can follow our instructions. Then, later on we’ll be going over how you can get the coverage you need for the absolute best price. Are you ready to take control of your financial future?

Why Do I Need Life Insurance?

Too many people make the mistake of not purchasing life insurance or purchasing a life insurance policy too late

What is the Easiest Way to Get Life Insurance Coverage?
Your loved ones will rely on your insurance policy in the event of your passing.

To the majority of people in their 20s and 30s, life insurance seems like something you can put off until you’re older. Unfortunately, this is an incorrect assumption. If you are young and healthy, the best time to purchase a life insurance policy is as soon as possible. When you take out a life insurance policy, you are taking steps to provide for your loved ones after you’re gone. Again, this seems like a lot to think about when you’re still young, but stick with us! It is also important to purchase a life insurance policy while you’re young because you can get the best price. As you age, the price of your coverage will increase.

Besides the cost considerations, getting insurance coverage is important to protect your loved ones. If you have children or aging parents that depend on your income, it is imperative you get a life insurance policy as soon as possible. In the event of your untimely passing, your children, parents, and spouse could wind up in financial trouble. It is also beneficial to get life insurance if you have any outstanding college debts. Should you pass away before you can pay off your debt completely, your debt will be transferred to your remaining family members. In order to prevent this from happening, you need to take out a life insurance policy to cover any remaining debts.

Now that we’ve established why it is so important to get life insurance, let’s find out the easiest ways to get coverage.

What is the Easiest Way to Purchase a Life Insurance Policy?

If you need coverage right away, we recommend pursuing no medical exam life insurance or hiring an insurance agent

What is the Easiest Way to Get Life Insurance Coverage?
Getting life insurance coverage might be easier than you think.

For those looking for the easiest possible ways to get coverage, there are two paths you can take. To get started, we’re going to be talking about how you can avoid the most difficult step of the application process—the medical exam.

Getting Life Insurance Without a Medical Exam

The first path we’re going to be discussing is getting life insurance without a medical exam. For a standard life insurance policy—either for term life insurance or permanent life insurance—you will have to undergo a medical exam. The issue with the medical exam is that it prolongs the approval process and can be difficult to schedule. If you lead a very busy life as a parent or someone with a demanding job, scheduling time for a medical exam can seem impossible. On top of that, the medical exam can cause unneeded stress during the application process. Because of this, we’ve found that getting no medical exam life insurance is one of the easiest ways to get coverage.

We should mention that while no medical exam life insurance policies are easier to purchase than other types of insurance, it often comes with a slight cost increase. If you are searching for the cheapest possible option, you will probably want to undergo the medical exam.

Getting Life Insurance Through an Agent

The second option for getting a life insurance policy without much hassle is by hiring a life insurance agent. If you don’t have the time or do not feel comfortable finding the right insurance policy on your own, life insurance agents are there to help you demystify the application process. A life insurance agent will help you get the best price possible for your needs and will make sure that the buying process is as easy as possible.

Hiring a professional will also help you save time! You won’t have to spend time comparing quotes or getting into the fine print of each life insurance option, your agent will take care of it all. Once they have completed their research, they’ll present you with a few policies and guide you through the application process. Since the application process can get complicated, many people are happy to get help when applying for a life insurance policy. Not to mention, a lot of people prefer the peace of mind that comes with hiring an insurance agent. If you begin the application process and have not previously done your research about life insurance before, then you are largely going into the process blind. When you have an expert on your side, the whole process is simplified and requires far less effort on your part.

As we mentioned, these are the easiest ways to get life insurance, but are not necessarily the cheapest. In the next section, we’re going to be looking at the ways that you can access affordable life insurance.

What is the Least Expensive Way to Purchase a Life Insurance Policy?

If you’re looking for life insurance on a budget, keep reading to find out how you can get the most coverage for the best price

What is the Easiest Way to Get Life Insurance Coverage?
You don’t need to break the bank to get life insurance coverage.

When you are looking for life insurance policies, the easiest route isn't always the most cost effective. While avoiding a medical exam makes the application process easier, it can lead to higher monthly premiums. And, while an insurance agent can help you get a good deal, the cost to hire them often outweighs your savings. If you are on the market for the least expensive life insurance policy, you should follow our steps.

Getting a Term Life Insurance Policy

To get started, you need to know which insurance policy types to look for. The least expensive policy type for the vast majority of people is a term life insurance policy. A term life insurance policy is a type of life insurance that covers you only for the designated term. Term life insurance is designed to cover you for as long as you need to raise children, pay off your debts, and begin to save money. Usually a term life insurance policy will last anywhere from 20-40 years. These types of policies are the least expensive because they do not guarantee a payout like a permanent life insurance would. By purchasing term life insurance you can get the amount of coverage you need for the time you most need the coverage. Then—if you outlive your policy—you’ll be at a stage in your life when you no longer require life insurance.

Making Health and Lifestyle Changes

There are also health and lifestyle factors that affect the total cost of your insurance premium. For example, if you use tobacco, you will pay a higher premium. Because people who use tobacco are more likely to have chronic health problems, the insurance company takes a higher risk by insuring you. However, if you can provide your healthcare provider and the insurance company with proof that you are tobacco free, you can get your insurance application reevaluated.

You may also want to consider other lifestyle changes. If you have an especially dangerous hobby or profession, you may want to pivot to something safer before you apply for insurance. Often, insurance companies will list jobs and activities that they deem high risk on their website.

Overall, the more the insurance company knows about your health and your lifestyle, the better price you can get. So, if you’re searching for insurance on a budget, you should elect to take the medical exam. On the other hand, if you are searching for the easiest and fastest way to get life insurance, purchasing a no medical exam policy is the way to go. We hope this information gives you a roadmap to get started shopping for life insurance! No matter if you are looking for the easiest or the cheapest way to get life insurance, the important part is that you are getting coverage.


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