When do you need to purchase life insurance?  The answer is pretty simple: when you have something or someone you need to protect should something happen to you.  Whether you are starting a new family or protecting your home mortgage, life insurance can be an important piece of the puzzle.  For businesses, term life insurance can also protect the business by insuring the primary business owner or Key Person (also known as Key Man).  For any reason you have this need, term life insurance can be an affordable way to protect yourself, your family, or your business.

There are some policies that can be purchased without any medical underwriting.  Businesses may purchase term life insurance policies for their employees, but the limits of these policies are typically much lower than the potential needs of the employee.  A policy with low limits such as $10,000 or $20,000 may only cover the costs of a burial.  

The determining factors of how you a person might pay for term life insurance are complex.  Here are a few of those factors:

• Your age
• The amount of life insurance you wish to purchase
• The term of the policy (such as 10 years, 15 years, 20 years)
• Your medical history
• Your lifestyle, such as potential risks (skydiving, scuba diving, race car driving, alcohol and drug use, DUI’s, and others)
• Family medical history (chronic illnesses of parents and other factors)

We reach out to get quotes for you from a wide range of A+ carriers nationwide.  Our goal is to find the right fit for your needs and your situation. Contact us by phone or email to get a no- cost and no obligation life insurance quote. 

Phone:  (510) 339-1483

Email: admin@fairbanks-ins.com