Life Insurance In San Diego, California
If you are looking for life insurance in San Diego, California, than you are most likely worried about leaving your loved ones in a difficult financial position. The residents of “America’s Finest City” are using life insurance as the financial vehicle to protect their loved ones in the event of a premature death.
Life Insurance In San Diego-Options
The two most basic life insurance options are:
•Term life insurance provides coverage at fixed rate of payments for a specific period of time. You can choose a specific term that best suits your needs. Term insurance is the least expensive way to protect your dollar for dollar.
•Permanent life insurance is intended to pay out a death benefit in all cases; however the premiums are much more expensive when compared to term insurance.
How Much Will My Policy Cost?
Here are a few sample rates to show you an estimate of what a policy in San Diego, California may cost you. The rates are based on a non-smoker, Preferred Plus rating class. Your rate could be lower or higher based on your health and other factors.
$250,000 20-Year Level Term
40-Year Old Male= $19.58 mo. with an A+ rated company
$500,000 20-Year Level Term
40-Year Old Male= $33.93 mo. with an A+ rated company
$250,000 Universal Life To Age 121
40-Year Old Male=$1,368.90 year with an A+ rated company
$5000,000 Universal Life To Age 121
40-Year Old Male=$2,609.40 year with an A+ rated company
How To Get Started and Compare Rates?
The best thing you can do to find the best life insurance policy in San Diego is to shop around and compare rates. Rates can vary by more than 70% depending on the company. You can call around to as many as 50 different insurance companies or agents to find the best rate or you can simply use the quote engine software on this page to do the shopping for you.
*Rates as of 01/30/2013. The information in this post is for informational purposes only and is not a guarantee of rates and insurability. Rates and eligibly are subject to the underwriting guidelines of the insurance companies and state in which you live
Photo: Cindy Devin