Portland Insurance


Home \| Portland Insurance \| Portland Mortgage Loans


The right hobby with the wrong company could cost		Select the right length of coverage. Everyone
you. People who participate in high-risk sports or		has different needs, and not one size fits all when it
activities (such as hang-gliding, skydiving, mountain		comes to term life insurance. While it may make sense
climbing, scuba diving, and racing), or even those who		for people in their 30s and 40s to secure a 20-year term
like to have an occasional cigar could very well pay more		length, a 10-year term might be more appropriate for
money if they dont pick the right company. Every		someone nearing retirement. People who are trying to
company looks at risk factors differently and some are		quit smoking, for example, might be best suited
more liberal in certain areas than others. Make sure you		purchasing a shorter term (and then replacing it with a
work with an insurance company that has properly		longer term policy when they qualify for non-tobacco
matched your personal profile with their underwriting		prices). Lastly, individuals who have 30-year mortgages
criteria.		might want to consider a 30-year term to ensure that the
		house is protected throughout the period of the loan.
Check out your payment/billing options. Many
life insurance companies offer discounts to consumers		Your half birthday could be costly. While
who pay their premiums annually, or who pay monthly by		some companies raise their prices based on your actual
electronic funds transfer (EFT).		age, most companies increase the price of their policies
		six months before your birthday. Its a term called Age
		Nearest in the industry, and that half-year price
		increase could really add up over a 20-year term policy.


Orlando \| Tampa \| New York \| Stamford \| Salt Lake City \| Jonesboro \| Alameda \| Bowling Green \| Bellingham \| Marion \| Mooresville \| Fayetteville \| Bay Minette \| Ocean Springs \| Rockmart \| Bluffton \| Columbia \| Simpsonville \| Novato \| Crystal River \| Battle Creek \|


Whole life insurance policies often cost thousands of		If you and your family are fortunate enough to enjoy
dollars a year, as opposed to the mere hundreds of		extended periods of great health, you may want to
dollars a year that the majority of term life insurance		choose a higher deductible. For example,
policies cost consumers. For example, if you are a		increasing it from $500 to $1,000 will significantly reduce
healthy, non-smoking 35 year old male, you can get a		your insurance premium.
10-year, $100,000 term life insurance policy for as little
as $7.09 a month (or as little as $6.56 a month for a		Although common sense, it's important to mention.
comparable female).		Should your information be somehow incorrect during
		filing, your carrier may refuse benefits altogether (which
There are two basic types of life insurance: Term Life		is definitely not a way to save money).
insurance, where you choose the coverage amount and
length of the policy; and Whole or Permanent Life
insurance (of which there are many variations), which
combines an investment product with life insurance.
Whole life insurance is expensive, due mainly to its
investment aspect, while term life insurance is very
affordable, especially with todays all-time low prices.

Portland Insurance
SIX OF THE BEST INSURANCE SITES AVAILABLE