Have you heard about the rising prices on life insurance?
That's right. After several years of declining prices for term life insurance, it seems that rates are on the rise, and predicted to increase by 5-10% this year.
You know that term life insurance is the most affordable type of life insurance, but now that days of cheap life insurance may be coming to an end.
According to Michael Fry of TermDog.com, term life insurance premiums are predicted to rise 5 to 10 percent over the next year. This is due in part to the higher reserve requirements for life insurance companies. Read entire article.
What does this mean to you?
Well, rates are increasing due to the stock market and poor portfolio results for life insurance companies, as well as, capital reserve requirements.
Here's what you can do:
Consider term life insurance because it offers the most affordable rates compared to permanent life insurance - that means you can afford more life insurance to protect your family.
Also, rates do increase with your age, so now is the time to compare prices.
And, since rates are on the rise, why wait? Why not lock-in the lowest rates for term life insurance today?
Here's how you can compare free, instant term life insurance quotes from leading companies with no obligation.
Insurance without any Medical Exam,
Just a Few Health Questions.
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