5 Tips You Need To Find The Best Term Life Insurance In Alabama 2023
Posted in Term Life Insurance last updated on January 3, 2023
Wondering where to go or who to talk to for term life insurance in Alabama? Well you’ve come to the right place! We represent all of the top term life insurance carriers in Alabama.
In this article, we will go over our top tips to find savings on your life insurance in Alabama and sample quotes.
If you want instant prices you can fill out our quote form to get them for free.
Table Of Contents
- Term Life Insurance
- Standard Term Vs Return Of Premium
- Alabama Free Look Period
- Alabama Life Insurance Cost
- Seniors Mutual Difference
Term Life Insurance
Finding the best term life insurance in Alabama doesn’t have to be hard. There are lots of great and low-cost term life insurance companies in the state that are all competing for your business.
The key to getting the lowest cost among any carrier is working with an independent insurance agency like Seniors Mutual. Our services are free and we work with all of the top carriers to find you the best price.
Standard Term Vs. Return Of Premium
Your standard term life insurance lasts for a set term, usually 10, 15, 20, 25, or 30 years. At the end of the term, your coverage will expire.
However, term return of premium will return all of your premiums at the end of the term, effectively making the cost of your life insurance 0. The only catch is these policies come at higher prices and only allow 20 or 30 year terms.
If you are interested in whole life insurance that never expires give us a call and we can discuss options and find the lowest price among all of the top carriers as well.
Alabama Free Look Period
Every state has a free look period for life insurance. This mean you can get a full refund if you buy a policy that you thought was something different. It’s made to protect consumers.
In Alabama the free look period is 10 days, meaning you have 10 days after buying a policy to get a full refund. Some companies will have longer free look periods but this is the minimum in Alabama.
How Much Does Life Insurance Cost In Alabama?
Prices will depend on which type of product you get, your age, gender, and your health. Premiums can vary greatly.
The fastest way to see prices is to fill out our quoter and compare among all of the top companies.
Click here to read our picks for top term life companies with no medical exam.
Seniors Mutual Difference
Let’s be honest, there are hundreds of insurance agencies out there. So why should you choose us?
- Seniors Mutual is an independent agency that has access to 15+ different insurance companies. We don’t care who you go with, just that we find the best product for you.
- We can find the lowest rates available. Most people you talk to will only offer one company or product.
- We are committed to serving our customers. We don’t work for the insurance companies we work for you.
We hope we get a chance to earn you business in Alabama and look forward to speaking with you!
