Branchburg, N.J. (PRWEB) April 6, 2005

Financial One announced today the launch of its new Web site, www.financialone.com, where anyone can get a life insurance quote online. The main feature of the new site is the comprehensive life insurance quote engine, which lists rates from 140 different life insurance companies Â? a number unmatched by any other major term life insurance quoting system.

The quoting engine utilizes the industry-preferred Compulife(R) database. Â?We have decided to use the Compulife database for our quotes because of its excellent reputation in the life insurance industry,Â? said Vice President of Financial One, Richard Karp. Â?This is the database used internally by thousands of life insurance companies and agents. We’ve decided to make this same database available to consumers.Â?

Not limited to term life insurance, the Financial One quote engine offers both Universal Life Term to 100 and Return of Premium insurance quotes. According to Karp, Â?by offering a selection of these products, as well as annuity and mortgage products, we can provide our clients with comprehensive coverage.Â?

Financial One’s universal life insurance quote system quotes universal life insurance products with no lapse guaranteed to age 100 premiums.

The site was designed and developed by leading life insurance web design and software development firm Insurance Squared. Financial One had a number of products that were best served through a custom Web site, Insurance Squared president Glenn Cooke said. Financial One has also contracted Insurance Squared to provide online marketing services for its new financial Web site.

Â?We produced custom artwork and design for Financial One and wrote a significant portion of the content,Â? Cooke added. Â?This has allowed us to fine-tune the site for maximum lead development through both pay-per-click and organic traffic.Â?

Richard Karp also noted that Financial One’s future plans were Â?not to leave this a static site. We’ve started our launch with about 30 financial articles and the largest online life insurance quote system. We’ll be following through with a steady stream of articles intended to help educate the public about our business.Â?

About Financial One:

Financial One is a multi-market national financial firm specializing in life insurance, annuities, and mortgage products. Incorporated in 1997, it is located in Branchburg, N.J. For more information, call 1-800-201-9004.

About Insurance Squared Inc.:

Insurance Squared is a technology firm focusing on offering Web sites and online marketing services to life insurance brokers and agencies. They may be contacted at http://www.insurancesquared.com and toll free at 1-866-662-5433.

Compulife (R) is a registered trademark of Compulife Software, Inc.

Contact:

Richard Karp

800 201-9004

Richard.karp@financialone.com

With a traditional term insurance policy, you buy a coverage term, such as 15, 20 or 30 years, and pay a fixed annual price. If you don’t die within that term, your contract ends and you receive nothing, having paid for the “risk” that you might have died.

An ROP term life insurance policy gives you 100 percent of your premium money back (it’s tax-free) at the end of your term if no death benefit has been paid. Or put another way, “You can rent your insurance or you can buy it,” says Alan Lurty, Senior Vice President at ING.

How much will it cost me?

An ROP term life insurance policy will cost more than a comparable traditional term life insurance policy, and there is a significant range among insurers for that surcharge, plus significant ranges depending on your age and the length of term you want.

It will really pay to shop around for the best term life insurance quote, but on the low end you can expect to pay 50 percent more than comparable traditional term life insurance. So, for example, if your annual life insurance rate for traditional term insurance would be ,000, adding an ROP option could bring it up to ,500 annually. On the high end, you might be looking at paying 150 percent more over the base premium, so that ,000 premium would become ,500.

Shoppers should also note that with a ROP term life insurance policy, generally the longer the term the less you’ll pay out overall in premiums. So a 30-year ROP term policy could actually end up costing less total money, at the end of the term, than a 15-year ROP policy. How does that happen? Because the 30-year term gives the insurer more time to make its money back by investing your premiums. So make sure you price out different term lengths when getting a life insurance quote.

Generally, you will not be returned premiums for extra riders you may add to the ROP term policy.
Who considers it?

The likely customer for ROP term life insurance is a person who has the confidence he’ll outlive his life insurance policy. Or it could be the person who can’t get over the feeling that term life insurance is a “waste of money” if the death benefit isn’t paid out. ROP term life insurance provides a way to hedge your bets no matter what happens.

What if I surrender my ROP policy early?

It’s not wise to buy any life insurance policy if you don’t intend to keep up on payments. However, if you do surrender an ROP term life insurance policy early, you will get some of your premiums back based on a sliding scale if you’ve held it for a few years. Check your life insurance policy details about that sliding scale before you buy.

Many life insurance companies offer no premium returns if you surrender your life insurance policy within the first few years. Your life insurance policy will spell out the rules for surrendering it, such as when partial premium returns would start and the sliding scale for those returns.

For example, just because you’re halfway through your life insurance policy term doesn’t mean you’ll get half your premiums back if you surrender it. The longer you keep it, the higher percentage of premiums you’ll get back, up to 100 percent at the very end of your term. (If you die during your term, your beneficiaries receive the death benefit without any premium return.)

Can I get it for less?

Life insurance companies such as ING and Genworth offer two flavors of ROP term life policies, usually called basic and enhanced (more expensive). Under the “basic” contract, you pay a lower life insurance rate than an enhanced life insurance policy because you get back less if you surrender it early.

For example, if you bought ING’s 15-year term life “basic” ROP life insurance policy and surrendered it in year 10, you would receive 30% of your premiums back. If you held ING’s “enhanced” 15-year life insurance policy for 10 years you’d receive 60 percent back.

For either basic or enhanced life insurance policies you always receive 100 percent of your premiums back if you get to the end of your term.

Invest the difference?

Maybe now you’re thinking that another option would be to take the premium difference between traditional term life insurance and ROP term life insurance and invest the difference. Would you come out ahead at the end? It depends mainly on your term length. Lurty of ING offers this example: Say you’re looking at traditional 30-year term for ,500 or ROP 30-year term for ,000 annually. That’s 0 a year you could otherwise put into investments. To equal the money you’d get back from your ROP life insurance policy at the end of 30 years, you would need to see an investment return on the premium difference of about 7 to 8 percent. How well has your portfolio been doing? Lurty says that with ROP term life insurance policies you don’t have to worry about “investing the difference” because it’s being done for you.

Note that the example is for a 30-year term. With shorter-term ROP life insurance policies, like 15 or 20 years, you might indeed yield more at the end of the term by investing the difference. And you would need the self-discipline to actually invest those extra dollars each year.

Of course, should you die within the term, only the death benefit is paid out. Thus, don’t view this as an investment product.

Expect to see more return-of-premium insurance policies as it catches on.

Companies selling return of premium term life insurance:

-American General Life Insurance Co.
-Fidelity Life Association
-Genworth Life & Annuity Insurance Co.
-ING Reliastar Life Insurance Co.
-Lincoln National Life Insurance Co.
-Pruco Life Insurance Co.
-Pruco Life Insurance Co. of New Jersey
-Transamerica Occidental Life Insurance Co.
-The United States Life Insurance Co. in the City of New York

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A time comes when importance of instant term life insurance policies is known. How they support families by financial security especially if main breadwinner goes away from life is important aspect to know. Most of us are aware that our lives are shorter. Hence it is better to think in advance and make preparation for such unavoidable conditions. The family must be assured to start their lives anew with some level of financial security for worst conditions.

Question arises why one must prefer only instant term life insurance policies when there are other options too. Such policies have additional feature which potential buyers get unlike rest options. These insurance policies are meant for particular time period only which is usually shorter in nature. As these policies are cheap rated they have gained such popularity.

Most noticeable benefit of such policies is that they can be easily converted into permanent polices after certain time period while renewing. These policies are a bit costlier though. Such policies are designed on the basis of present situation and insurer perspective for old age even while physical condition of a person is not much determinant. Fe policyholders having owned these policies might get suffered by illnesses because of age factor.

Being healthy is one of the most important factors needed in a life insurance processing. In fact, it is a necessary requirement. This is used to determine the insurer’s capacity to be insured. It is also needed in the calculation of the premium rates; if the applicant can be charged with a higher or lower premium rate. Plus the fact that he is healthy, the company is much assured that he can finished the term with ease.

Focus At the below mentioned facts to avail low rates of policies: -Stay young and healthy and be able to live longer-Never engage in dangerous activities like performing stunts.-Be good in driving without having unfavorable driving records.-Not suffer from any severe sickness or disease.-Not smoke for at least over a year or else he can not avail of his preferred life insurance-Choose for a longer period of term

People might have to spend on health unnecessarily if they are careless about safety or health condition. They might have to spend additional money for this. Such people may be asked to restrict to apply certain insurance policies. Such cases are due to medical conditions. All insurance companies prefer people with better health condition. Physically fit people enjoy longer life which insurance companies look for.

Some people not qualifying for general insurance may prefer typical life insurance option called life insurance no exam policies. Applicants of such policies only fill a health related form and pay initial fees for policy issuance. Such people are not told to produce medical certificates which reconfirm about their physical fitness level. Such policies are too much costlier but they are equally flexible too. That is why almost all applicants are offered these policies.

Life insurance no exam is normally higher in rates compared to other instant term life insurance. It considers the risk of the insurers to acquire illness during the entire duration of the term. They are less likely to finish the term. This assures the company of granting the claim earlier or a sure claim for the beneficiary. The company can not risk the approval of these physically unfit individuals.?When compared to other instant term policies life insurance no exam policies are relatively higher in rate. In such policies illness factors of people insured are taken into account in whole term hence it is assumed that term won’t finish. It indicates that the company would have to pay payout to the beneficiaries anytime. But it is not possible to take all risks.?It is true that life insurance no exam policies are relatively costlier unlike other types of instant term life insurance policies. Such is the case because the policyholder is considered riskier in these cases due to illnesses hence one may not complete the term in these cases. Finishing the term remains least possible. It therefore becomes necessary for the insurance company to pay funds to the beneficiaries. Taking risk of approving such physically unfit individuals is not so good option.

Procedures in acquiring for a life insurance no exam are almost the same as the instant term life insurance processing. The insurer can simply visit any branch of life insurance company and apply personally to the representative. He must bring other necessary documents and requirements to speed up the processing.?There are no changes in procedures of life insurance no exam and instant term life insurance policies. A representative of an insurance company can be approached by potential buyers. Bringing necessary documents ensure things are processed faster.?There is no difference in the procedure to obtain life insurance no exam and other instant term life insurance policies. An individual can visit a branch of the chosen insurance company and consult any representative personally. Once you bring important documents needed for this purpose then processing speeds up automatically.

Other individuals who do not have spare time to visit the insurance office, may ask for information from relatives or office mates. It can assist them with their application. It is better to go personally to the branch office and do the application alone. In this method, you can ask any question about the procedure or the product that you cannot understand. As a sign of their excellent service, they will attend to you satisfactorily.?People running short of time may ask friends or relatives for such information if one is not in the position to visit insurance office branches. Personal visit to such office is always considered best option to process application. Any confusion can be rectified immediately by doing so. Any query about products can be well understood. Representatives attend you for best possible satisfaction.?Asking relatives or friends are best options for individuals having no time to visit insurance offices. They are assisted properly for application processing. That is why visiting a branch personally for application processing is considered suitable. Any confusion can be rectified by asking the representatives. The procedure or product not understood can be asked without hesitation. You are responded satisfactorily by the representatives.

About the Author

Article by David Livingston of EQuote.com, a website with the best cheap term life insurance quotes and life insurance quotes information in the country.

When buying term life insurance, it’s important to know that the best rates come when a company is allowed to run on paramed. Use term life insurance when an insurance company understands what the risk truly is withhelp from a licensed insurance agent in this free video on life insurance. Expert: William Rae Contact: www.hbwfl.com Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years. Filmmaker: Christopher Rokosz

TORONTO, ON (PRWEB) February 1, 2006

Today, kanetix (www.kanetix.ca), Canada’s insurance marketplace, announced the launch of their Term Life Insurance Analyzer, a tool that lets shoppers know which term life insurance product is most commonly recommended for people with similar lifestyles.

“Kanetix believes in providing easy-to-use and informative online tools to help consumers educate themselves before buying insurance,” said Gregory Ellis, co-founder of kanetix. “And the Term Life Insurance Analyzer does exactly this. It gives shoppers an opportunity to learn more about term life insurance, the range of products available and which product best suits them personally at this stage in their life”.

Available through www.kanetix.ca/life_product_analyzer, the Term Life Insurance Analyzer only takes a minute to complete. After answering a few simple questions, the person shopping for life insurance will know which term life insurance product is most commonly suggested for someone in the same situation.

Getting results from the Term Life Insurance Analyzer is free, does not require a person to sign-up and the results can be viewed instantly online. But the real advantage for shoppers is that once shoppers know which term life insurance product best suits them, they can then complete an instant online life insurance quote through www.kanetix.ca.

About kanetix

Launched in October 1999, kanetix is Canada’s leading national, online insurance marketplace. The kanetix insurance information and shopping service brings consumers and insurance companies together in a one-stop shopping environment. Each day, thousands of consumers visit the kanetix website to compare insurance quotes from a variety of Canadian insurance companies. Users can select the insurance quote of their choice and choose to complete the application for coverage online or purchase their policy over the phone.

In addition to the insurance marketplace, kanetix is a leading provider of online insurance quotation technology and develops online quotation systems and websites for some of Canada’s leading insurance providers.

For more information, please contact:

Gregory Ellis

Co-founder, kanetix

(416) 599-9779, ext. 201

www.kanetix.ca

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North Hollywood, California (PRWEB) October 23, 2008

2insure4less.com is proud to announce further advancements made in its popular insurance quotes finding services. “We are always looking for ways to make shopping for insurance quotes easier for everyone, and we are excited about our latest feature,” states chief executive officer Eric Oster.

Now consumers interested in insurance quotes can receive them not only via email, but instantly by phone if they so choose. 2insure4less.com is confident that they have the best technology for finding the most competitive insurance quotes in an insurance shopper’s state. 2insure4less.com has helped consumers locate over a million insurance quotes since its inception.

Since 2003, 2insure4less.com has been operating its free quote referral service, allowing insurance shoppers nationwide to find the most competitive insurance quotes in a variety of insurance lines and annuities. 2insure4less.com does not sell insurance, but utilizes a competitive bidding system to identify the most economical insurance quotes in the applicant’s state. Consumers use the service to locate auto insurance quotes , life insurance quotes, disability insurance quotes, long term care insurance quotes, health insurance quotes, cancer insurance quotes, burial insurance quotes and insurance quotes of various different types of business insurance products.

Contact:

Eric Oster

http://www.2insure4less.com

6400 Laurel Canyon Blvd, Ste 460

North Hollywood, CA 91606

Phone: 800.647.2164

Fax: 800.647.2142

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Find More Term Life Insurance Press Releases

Many people always need to be on the move. They never waste any time for work. That is why in applying for an instant term life insurance, there are available methods that you can utilize to speed up the selection of your preferences. To select the proper type, an insurer may use the free online life insurance quotes. This will determine the type of policy package that fits his financial plan. He has to have enough resources to sustain this additional expense for him. It is a long time responsibility that should be given attention.

Since instant term life insurance gives cheap insurance rates it has become very famous and well-known all over the places. There are both short term and long term agreements possible, if one finish the current contract he can able to take another contract, one can also accept company’s offer after finishing the current contract to getter a better contract with better benefits which covers a higher compensation.

How to avail all the benefits throughout the term?- Take instant term life insurance and enjoy the benefits. If something happens uncertain to the insurer during the policy period the beneficiary can claim the amount. The beneficiary can either be spouse or any one whom the insurer selects to be his intended beneficiary. The beneficiary can claim only after producing the death certificate which shows the insurer was deceased. If there is no proof he will not be able to claim.

If an insurer wants to buy a life insurance he needs to pass all the requirements of the insurance company, the basic requirement is that he needs to pass the medical exam done by the insurance company, once he passes that the insurance company will verify that whether he will be able to pay the premiums throughout the life term or not. After the verification he will be presented with many choices where he can choose the life insurance of his choice.

If, for unfortunate reasons, the insurer did not pass the medical requirement, he can not choose a lower costing life insurance. Being unhealthy disqualifies an applicant for an instant term life insurance. This situation has already been solved by lots of life insurance companies. They offer an exclusive type of life insurance called the life insurance no medical exam. This is a little bit more expensive than the term life types. Almost anybody can get hold of the life insurance no exam. Those people who have certain unhealthful reasons are often presented with this kind of life insurance.

One can choose the instance term life insurance using the help of online insurance quotes available on the website of the insurer, he can give as many quotes he prefer and once he gets the result he can compare them and choose the right one of his choice and continue with the application procedures.

Listed below are the advantages of using instant term life insurance quotes.-This type allows the user to choose a better option-Using this type of insurance once can easily able to determine whether it suits his financial needs or not.-One needs to choose the type of life insurance with utmost comfort.-Since he knows the type of life insurance he can plan all his financial needs.

With the use of instant term life insurance quotes, any insurer can plan beforehand and prepare for the new expenses that he has to handle. The insurer will make sure that he can pay for a new regular expense.

First time insurers may have little information about the life insurance’s application procedures. A good start is by asking some of his friends who already have an on hand life insurance policy. If still he is not convinced with the information, he can visit any branch office near the area for complete information. Nothing compares with the services of the main office when it comes to company’s policy information.

About the Author

Article by David Livingston of EQuote.com, a website with the best instant term life insurance and affordable life insurance information in the country.

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Wheeling, IL (PRWEB) April 23, 2008

The unemployment rate has reached a two-year high. The Center for Economic and Policy Research predicts a recession would cause at least 4.2 million people to lose some insurance coverage. AccuQuote.com, a leader in providing term life insurance quotes and policies to people across the United States, recommends several tips to help people protect their family.

“As people lose their jobs, they may lose some insurance benefits too,” says Byron Udell, founder and CEO of life insurance quote provider, AccuQuote.com. “If you think there is a chance you could get laid off, you should start comparing insurance polices before you run into a situation where you are forced into getting something right away. In which case, you may not always get the best price or product. “

AccuQuote.com suggests the following tips for recession proofing insurance needs:

Switch to a term life insurance policy – Consumers that have a group life insurance policy will most likely lose their coverage if they lose their job. Switching to an individual level term life insurance policy is usually less expensive and the coverage is portable.
Compare individual health insurance policies – If a company goes bankrupt and there is no longer a health plan, COBRA coverage will not be available. Most of the time individual health insurance policies are less expensive than COBRA. However keep in mind that some people, depending on their health, may not be able to buy individual coverage at a lower cost.
Shop for disability coverage – Consumer’s protect their health and life, but they often forget about their biggest asset…their ability to work. Consumers should shop around for individual disability coverage. Unlike the one from an employer, consumers can keep this coverage if they move from job to job. And benefits will be tax-free if the premiums are paid by the insured.
Be careful before dropping ANY existing coverage – Consumers should not only compare costs, but make sure their new coverage is paid for and in-force before dropping any existing insurance coverage.

“No one likes to think about the worst possible scenario, but this is becoming a reality for many people,” said Udell. “If you are one of the unfortunate people that will lose your job in 2008, you’ll be happy that you took a moment to recession proof your insurance needs ahead of time.”

About AccuQuote.com

AccuQuote.com helps consumers find the best values in term life insurance by combining instant online quotes with the personal service of unbiased life insurance professionals that can help answer questions, identify important issues, and make meaningful recommendations. The company offers consumers an extensive selection of life insurance policies, including term life, whole life, and universal life, as well as selected annuities. The website has many handy insurance tools, including a life insurance needs calculator to help consumers figure out how much to buy, a glossary that explains industry terminology, a collection of articles that cover the basics about life insurance, and a blog which answer many questions about life insurance. For additional information or to get quotes for cheap term life insurance, please call 1-888-314-4455.

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