Are you a Louisiana resident and are you shopping for the cheapest life insurance? You have come to the right place. We have plenty of life insurance Louisiana reviews.
Interested in what life insurance cost in Louisiana? Please keep reading. Our goal is to find Louisiana residents the top life insurance company at the cheapest price.
We understand how important life insurance is and we know that “the process” is what usually precludes people from getting the life insurance they need. Because of this, TermLife2Go specializes in life insurance policies that require no medical exams and typically offer an approval within 24 hours, which is why buying affordable life insurance in Louisiana has never been easier.
Louisianans shouldn’t have to waste another moment worrying about their family’s financial future. Perhaps a dangerous job has you concerned. You might be an oil worker, a heavy equipment operator, police officer, or fisherman. Or perhaps a hobby, such as flying a Cessna or wrestling alligators, has you concerned. Whatever lifestyle or career you have, you need to make sure you are getting the best life insurance for Louisiana that fits your specific needs. We can offer the guidance and support you need in order to secure the lowest price insurance policy available. Then you can get back to living life with the peace of mind that your family is provided for.
Most people realize their need for life insurance but they are in no rush to get it. People don’t like to think about dying and so they put it out of their mind. But the truth is you could die today. Louisiana is home to many natural disasters, (consistently ranking #1 for risk of disaster) in the form of hurricanes, flooding, and tropical storms. Also, Louisiana freeways, such as the I-59 and I-12, are some of the most dangerous in the country. And don’t forget the ever looming specter of heart disease, stroke and cancer. Don’t put off getting the best life insurance in Louisiana any longer. Today is THE day to plan ahead so that when you die your loved ones are taken care of.
Now, if you already have an idea of what you are looking for or you just want to compare quotes, simply fill out our quote form. However, if you have a few more questions about life insurance prices in Louisiana, please keep reading or give TermLife2Go a call at.
Reasons to get life insurance in Louisiana
The reasons for life insurance are many. The #1 reason that people buy life insurance in Louisiana is to replace income in case the primary bread winner dies prematurely. If someone you love will suffer financially when you die, then you need life insurance.
Some additional reasons people purchase life insurance cover in Louisiana:
- Covering the mortgage on your home (see mortgage life insurance rates in Louisiana)
- Future college tuition for your kids
- Paying off existing debt
- Funeral costs
- Charitable donations
- Key man business insurance
- Estate Planning
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3 questions to ask yourself to find the best life insurance in Louisiana
So you know you need affordable life insurance in Louisiana but you are not sure where to begin. Ask yourself three questions:
Types of Life insurance
There are two main types of life insurance: term and whole life insurance. Term life insurance is designed to so that the premium is fixed for a period of time. The most affordable life insurance policy is term life insurance. For example, a $500,000 20 year term policy for a 35 year old male runs around $250 annually. That is a serious bang for your buck.
Whole life insurance lasts your whole life and builds cash value. These policies provide lifetime coverage. They are more expensive so you might not be able to purchase as much life insurance as you need with whole life. For example, the same 35 year old male would pay a little more than $2,050 annually for a $500,000 guaranteed universal life policy. If you need a whole life insurance quote for Louisiana please enter your information into our quote engine. We offer permanent life insurance in the form of Universal and Whole life insurance.
Which is best? That is a tough question. It comes down to need and ability to pay. Sometimes term life insurance just makes good financial sense. Other times Whole life or Universal life is the best route to go. Call us today to discuss.
Fully underwritten and no medical exam
There are also two main ways to get the best life insurance for Louisiana. You can take an exam to qualify for a fully underwritten life insurance policy or go the non-medical exam route. Which one you decide to go with depends on several factors such as:
- Time — a no medical exam policy will save a lot of time
- Money — a fully underwritten exam might save you money
If you have never been diagnosed with high blood pressure or high cholesterol but it is a concern, consider an affordable Louisiana no medical exam life insurance policy. Many times the cost between the two policies will be small and a non medical exam policy does not require a blood draw. High cholesterol and blood pressure are the most common reasons a policy comes back with a higher premium. If you are concerned about your blood work then paying a few additional dollars might very well save you money once your lab results come back. And a non medical exam policy approval is fast with some approvals in 15 minutes.
Not sure what policy is best for you? Call TermLife2Go today and speak to an independent agent who has your best interests in mind.
Louisiana Life Insurance Coverage Amount
How much life insurance you need depends on a few key factors. Most financial planners say that as a general rule of thumb, seven to ten times your annual income is a good starting point.
However, everyone’s situation is different. You might be just starting a family or be looking towards retirement. Due to the unique nature of your specific situation it is always good to seek out advice from a trusted source.
Speaking to a licensed professional today can save you time and help ensure that you are getting the right amount of coverage. Our team of professional agents at TermLife2Go are focused on providing you with the best advice available. Give us a call today.
For more reading please see how much life insurance do I need in Louisiana?
If you decide to go the term life insurance route, how long of a term do you need? Determining the term length that is right for you depends on several factors. One thing to consider is the age of your youngest child. How long until your child is financially independent? Tailoring a term life insurance policy to your youngest child is a great place to start.
Other factors to consider are:
- Your age
- Your spouse’s age
- How long of a mortgage do you have
- Terms on a business loan
Please see how long of a term do I need in Louisiana?
How much does life insurance cost in Louisiana?
We work with all the top companies so we can shop around for you and make sure we are offering the best company at the best price.
Your Louisiana life insurance premium depends on certain variables. The main variables are:
There are other factors to consider as well. Many life insurance companies have a unique niche that might be specifically tailored to your health or lifestyle.
Specific Cities Louisiana Life Insurance
Take the next step to buying life insurance in Louisiana
If you have more questions please see our FAQ section or visit our blog. If you are ready to compare affordable life insurance quotes in Louisiana, both term and whole life, just give us a call or simply click on the link below for a free life insurance quote to see just what we can do for you!