Finding the most affordable life insurance at 36 years old is easy if you know where to look. At TermLife2Go, we start by focusing on the top rated life insurance companies and no exam life insurance companies in the marketplace. With dozens of top rated life insurance companies to choose from, we can help guide you to the right company based on your unique health and lifestyle. Give us a call today!
Or you can check out our Life Insurance Quotes page and compare exam vs no medical exam life insurance options.
Life Insurance Thirty-Six (36) Year Old.
Deciding to buy life insurance at age 36 is a good decision because, as a consumer, you’ll typically have a lot of things going for you. First of all, most 36 year olds are going to be in good health. Second, by now you should have a pretty good idea about how much coverage you’re going to need. Third, the insurance companies are going to compete very aggressively to earn your business.
As a 36 year old looking to buy life insurance, you should find that your insurance options should be relatively:
- Inexpensive (see life insurance rates by age)
- Easy to qualify for.
- And loaded with options to choose from.
- See how affordable a million dollar life insurance policy is
Affordable Life Insurance for a 36 year old:
Buying life insurance at age 36 should be pretty affordable because most clients at this age will be looking to purchase a term life insurance policy instead of whole life insurance. Term life insurance policies will provide level coverage anywhere from 10 to 30 years. They are also what most financial advisors recommend due to their relative affordability and due to the fact that as most of us get older, our insurance needs generally decline.
Easy to qualify for:
Buying life insurance in your 30s is also pretty easy to qualify for because at age 36 most applicants are going to be in relatively good shape. Thirty six year olds may begin feeling a bit older than they did when they were in their 20’s but generally have not been diagnosed with any of the common ailments typically present when we hit our 40’s. Ailments such as:
- High cholesterol.
- High blood pressure.
- High blood sugar (see life insurance diabetes)
Which is why its so important to lock in your coverage now because if you do become diagnosed with one of these conditions, while its not necessarily going to disqualify you from getting coverage, it is going to cost you more.
More options to choose from:
Buying life insurance at age 36 is going to give you a lot more options to choose from. Since most 36 year old applicants are going to be pretty health their “starting rate” is going to be pretty low. Which means that applicants should be encouraged to look at all the different types of life insurance options available to them such as:
- 25 and 30 year Term Life Insurance policies.
- Return of Premium Insurance policies.
- Whole life insurance policies.
- And Universal Life Insurance policies.
Because at age 36 it may make sense to try and lock down coverage for your entire life, rather than for just a few decades. Deciding on a longer term or deciding to lock into a universal life or whole life insurance policy will come down to your specific need and the reason you are looking into life insurance in the first place. If you are unsure as to what policy to purchase or what face amount you need, please give TermLife2Go a call.
We know that for a lot of individuals, especially those who are just starting a family, having a “ton” of discretionary income simply isn’t a reality. So, despite the fact that you may have all the reasons in the world to purchase a term or whole life insurance policy right now, having the “funds” to do so just isn’t possible!
For this reason…
We’ve also chosen to write several articles sharing some of the knowledge that we have acquired over the years working with 1000’s of clients concerning how they earn a living.
You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:
“what do you do for a living?” and “what would you estimate your annual income as?
Which means that over the years, we’ve become really familiar with a wide range of different career paths and opportunities that a person can take. Some of which you would probably never think of on your own!
Our number one goal here at TermLife2Go is to help individuals and families secure their own financial security and independence, we wanted to share with you what we’ve learned.