types of life insurance

I nsurance provides people with a peace of mind and allows them to protect their hard-earned assets, make investments, and take risks. Everyone is in search for Cheap Life Insurance to have a protection cover for themselves and their family. Cheap Insurance Rates gathers the best term life quotes from a large number of Quotes from companies you know and trust. Life is not cheap, but your Life Insurance can be.

At Cheap Insurance Rates, we quote the cost of your Life Insurance by comparing prices offered by the top rated Insurance companies in America, making sure you get the best available option at the best available cost. We are here to provide you the best term life insurance rates from the market. So, whether browsing for general online quotes or searching for more comprehensive information, we offer Cheap Life Insurance and best term life quotes at competitive rates.

There are numerous coverage options available, depending on your situation and needs. You can choose from many types of insurance quotes to decide on the Life Insurance policy, or policies, that is best for you.

1. Term Life Insurance:

Term Life Insurance is a death benefit policy. It is a low-cost option and the simplest of all available life insurance policies. Under Term Life Insurance policy, the insurance company will pay the policy death benefit - a lump sum amount - to the designated recipient upon the death of the person insured. Read More...


2. Universal Life Insurance:

Universal Life Insurance is a flexible life insurance policy and serves as a permanent protection for your dependents. Based on the premium rate, a Universal Life Insurance policy can have a level death benefit, or an increasing death benefit that includes net policy cash values as an added death benefit. Read More...


3. Whole Life Insurance:

Whole Life Insurance provides whole-life protection to the dependents while building a cash value account. In other words, the Whole Life Insurance policy provides a guaranteed death benefit, a guaranteed fixed premium, and guaranteed cash values. With this, one should be aware that while the cash values in a life insurance policy have many uses, they should not be considered a pension or savings plan. Read More...


4. Survivor Estate / Second to Die Life Insurance:

Survivor Estate Life Insurance, also known as Second to Die Life Insurance, is used to reduce the overall cost of a Life Policy and/or provide for funds to cover Estate taxes when they are due, typically at the death of the spouse or business partner. Survivor Estate Life Insurance policies / Second to Die Life Insurance policies are designed to provide cash to cover estate taxes or business liability, which have to be paid after the death of both persons. Read More...