Quick Guide to California Life Insurance
At Term Life U.S., you’ll find all the information you need when replacing or buying your Ca life insurance. Life insurance is used to protect your family, usually from the loss of future earnings of the breadwinner/s in the family. Ca life insurance premiums are standardized among all agencies, meaning no one agent can offer you a lower rate than another. But there are differences among agencies, and I believe we are your best solution for life insurance in California.
There is no benefit to purchasing a life insurance policy in CA over any other state as far as premiums go, since state by state, premiums are the same. However, in some cases, a company’s product may only be available in certain states. Now that we know the state doesn’t affect your cost, what does? The three factors that will determine your Ca life insurance premium are:
- The amount of coverage – $1 Million of coverage costs less than $2 Million
- The type of policy – Term life is typically cheaper than whole life insurance. Among term insurance, shorter terms like 10 years typically cost less than longer terms such as 30 year term.
- Health Classification – This is the rating the life insurance company gives you such as preferred or standard. A better rating equals lower premiums for the same amount and type of coverage.
The best way to save money on life insurance is to compare the underwriting guidelines of CA life insurance companies to see which company will offer you the best rating. In almost every case, a preferred offer from company A will be cheaper than a standard offer from company B. So here’s where an independent agent comes is critical. You must share your health history with an experienced life insurance agent licensed in California. With this information, an agent can compare the medical guidelines of each life insurance company offering policies California to determine which carrier will probably offer the best health classification.
You can get started with your CA life insurance search by filling in the “instant quote request” form to the right. We offer quotes from 130+ life insurance carriers, all highly rated. Feel free to shop around at other sites, but as noted, no agent can give a lower rate than another. The only difference is that we specialize in finding affordable life insurance for people with medical impairments or taking medications. Contact us to help evaluate your insurance needs and find a CA life insurance policy that suits your needs.*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.