How to Shop for Term Life: Nationwide!!!
Nationwide is one of the top insurance firms in the US! In this article, I will be guiding prospective customers through a step-by-step guide for obtaining a Life Insurance Quote.
Using the free tools available via the Nationwide website, anyone is well equiped to make an educated decision on purchasing a term life insurance plan.
Step #1 Term Life Pros and Cons!
Term Life insurance is a powerful, affordable product for financial security. Prices are low and cancellation is free. You can also convert to permanent life insurance without an exam. Disadvantages include the term ends after 20 or 30 years. The older you get, the more expensive prices will be in the future.
Step #2 Calculate Your Financial Needs
Check out this calculator to estimate your financial needs! Nationwide can figure out how much life insurance you may need to cover your expenses, your debts and your family's future financial needs.
http://lifesales.nationwide.com/life/insurance-amount/2
Step #3 Enter Info and Get Quote!!!
Insurance companies often base their prices on demographic factors such as gender, state of residence, height, weight, health status, and whether or not you use tobacco.
Step #4 Get Price!! Term and Coverage Amount
Policy = $1,000,000
Term = 20 Years
Price= $64.31/Month
After entering your personal demographic information above, you may change the duration of the plan and the coverage amount. Typically, people select the 20-year plan, and the $1,000,000 in coverage. Coverage Duration and Coverage Amount are the two must price-influencing factors.
(The quote above is for a 35 year old, 5”9, 165 lb male in good health)
Nationwide is an established player in life insurance. This data was derived from: https://www.nationwide.com/personal/insurance/life/term/