How To Shop For Life Insurance

Shopping for Life Insurance can be tricky, especially when doing your research online. There are hundreds of life insurance websites offering hundreds of different forms of help.

The most common is the "Free Quote". Be sure that when you get your free quote you ask what rating they are quoting you! 99% of the time they will quote you the best rating no matter what your health is like. Then when you go through the medical and the underwriting the quoted premium they gave you will change.

Always make sure you research and look for the best companies in your area. Check AMBEST for financial rating, debt rating, credit rating, and deposit ranking. This will tell you which companies are strong and which are not. When investing in life insurance you want to make sure the company you pick will be around to pay the policy when the time comes!

Finally make sure that when shopping online you get in touch with "Live" help. Furthermore make sure that the "Live" help is a Licensed Professional and not a hired telemarketer!

For more information or to talk to Live License Financial Service Professionals please visit www.FreeLifeQuotesNY.com

New York Life Continues Top Ratings

New York Life Insurance Company has received the highest ratings for financial strength from the life insurance industry's principal rating agencies. Getting these ratings through this volatile economy speaks for itself!

* A.M. Best (A++)
* Standard & Poor's (AAA)
* Moody's (Aaa)
* Fitch (AAA)

We work directly with NYL Financial Service Professionals at www.FreeLifeQuotesNY.com

Take Advantage of Term Coversions

When purchasing a Term Life Insurance Policy you are eligible to convert the policy into a Whole life permanent policy. Some companies will even give you a credit to do so. Where the premiums that you paid for the Term Insurance will be credited to the Whole Life Policy when you choose to convert.

For more information please visit www.FreeLifeQuotesNY.com

Free Life Quotes Additonal Websites

Free Life Quotes now has additional website addresses:

www.FreeLifeQuotesFL.com

www.FreeLifeQuotesPA.com

www.FreeLifeQuotesCT.com

www.FreeLifeQuotesNJ.com

www.FreeLifeQuotesNY.com

What Is College Planning?

Today most children want to leave high school and continue their education before moving out into the work place. Planning for your children’s college education takes time and commitment. When you first hear the word college, you think of expenses. With the annual increasing cost of tuition from 3%-4% the time to save is now! Our Financial Service Professionals are experts in ways to maximize your savings while making it grow tax free.

Please visit www.FreelifeQuotesNY.com for more information

What Is Long Term Care?

Long Term Care can be very expensive. Some people spend their entire life savings while trying to care for a loved one.

Today you are healthy, but will you be healthy forever?

What if you or your spouse become physically or mentally ill? Long term care could be required, along with custodial care which can either be done in your home or in a skilled care facility.

Due to the yearly increasing cost of long term care services Long term care insurance has become a must for everyone's financial plan.

Long term care addresses a wide range care and support, for anyone who is unable to accomplish certain activities of daily living over an extended period of time. Such as bathing, eating, dressing, toileting, and transferring.

Long term care services can be provided in a variety of settings, including your home, assisted care facilities or nursing homes; and it can be very expensive.

That is why it is financially important to look into Long Term Care Insurance now rather then later.

Please visit FreeLifeQuotesNY.com for more information

Free Life Quotes NY.com Phone Number

1 (530) 213-FREE

Please visit FreeLifeQuotesNY.com for more information

What Is a Non Med Non Med?

A non med non med, is basically a term for life insurance when you apply and get life insurance without doing any type of medical test. Depending on the amount of insurance you apply for you may be elligible for a non med non med.

Each company is different so please consult a financial service professionals with any questions that you might have.


Please visit FreeLifeQuotesNY.com for more information

What Type Of Questions Will They Ask When I Take a Medical Exam For Life Insurance?

1.
Are you or any of your dependents currently pregnant? Y N
If yes, who? ___________________________
Expected due date: _____________________

2.
Do you or any of your dependents smoke or use tobacco? Y N
If yes, who? __________________________
Type? _______________________________

3.
In the past 10 years, has anyone ever:
a.
had high blood pressure or high cholesterol? If yes, last three readings:
________ _________ _________
b.
had heart disease, cancer, diabetes, arthritis, or asthma? Y N
c.
had counseling by a medical or social practitioner for an emotional, mental or nervous condition? Y N
d.
been treated for alcohol or chemical dependency, or been convicted for driving while intoxicated? Y N

4.
Has anyone ever been diagnosed by, or received treatment from, a member of the medical profession for Acquired Immune Deficiency Syndrome (AIDS) or AIDS-Related Complex ARC)? Y N

5. In the past three years has anyone been prescribed medication? Y N

6. In the past 10 years has anyone had an inpatient admission and/or outpatient surgery? Y N

7.
During the past three years, has anyone sought medical treatment, or been advised by a medical or social practitioner to seek treatment for any condition not indicated by your answers to the preceding six questions? Y N

8.
Has anyone ever been rated or declined for, or refused reinstatement or renewal of, life or health insurance? Y N
If yes. name of person, date and reason:
______________________________________
______________________________________

9.
In the past three years, has anyone been engaged in or does anyone contemplate being engaged in sports or hobbies such as aviation, scuba diving, sky diving, racing, or similar activities? Y N

Please visit FreeLifeQuotesNY.com for more information

Should I Look for Life Insurance Quotes Online?

Today everything is done online. So why not try to find a life insurance quote online? Most of the sites that offer Free Online Quotes operate the same way. You put in your information, and they take it and give it out to insurance agents. Unfortunately most of these sites give out the information to so many agents and companies that you will get a ton of annoying phone calls.

www.FreeLifeQuotesNY.com does not give out your information to multiple agents. We work with a handful of Licensed Financial Service Professionals, and they are the only ones we give the information to. We do not trade, sell or share any of your information. It is all keep safe and secure in our database.


Please visit FreeLifeQuotesNY.com for more information

What is Mortgage Protection?

Mortgage protection is a way for you to have the Insurance Company pay off your mortgage in full if something were to happen to you unexpectedly. No one wants to think about these things, but unfortunately it is a part of life.

Mortgage protection is usually funded with Life Insurance. The main goal being that if something were to happen, your mortgage would be paid in full. Your family would be able to keep the house and also keep the lifestyle they are accustomed to.

Please visit FreeLifeQuotesNY.com for more information

Should I Put Insurance On My Children?

Insuring your child is called Juvenile Life Insurance. Insuring your child is always a good idea as well as a good investment. One of the advantages of insuring your child is that you will be able to lock in their insure ability. Later on, no matter what there medical history or condition they will still be insurable.

Another advantage is the savings. When insuring a child you get a policy that has cash value, so as you are paying into it, you are also setting up a savings. Then the money that you accumulate can be used for anything you need it for. (college, car, insurance, emergency ext.)

The best part about Insuring your child is that the premiums are very low because they are so young. As they get older those premiums DO NOT change. So when they are 18-25 they are still paying the same amount as when they were 1-6. Also you can set it up so that the policy will be paid in full by a certain age. In most cases by the time your child is 20-25 they will have a full paid up policy that will cover then for their entire life.

Please visit FreeLifeQuotesNY.com for more information

Should You Trust Online Insurance Quotes?

In most cases when you get an online insurance quote, you get quoted at the best health rating. Unfortunately not everyone is able to actually get this rating after the insurance company does the medical exam, and underwriting.

This is why you should always get a consultation. In person they will be able to give you a more accurate quote, and they will be able to explain which type of insurance is best for you and your loved ones.

If the price of the quote sounds to good to be true, it probably is.

Please visit FreeLifeQuotesNY.com for more information

Term Life vs Whole Life

Term Life Insurance

- The lease expensive form of insurance
- There are no cash savings
- No cash back
- Premiums begin to increase after "X" amount of years
- Temporary coverage only

Whole Life Insurance

- A fixed account attached to the Life Insurance
- The whole contract is guaranteed (principal & interest)
- Tax free accumulations and tax free withdrawals
- Cannot lose money
- Policy can be paid up in "X" amount of years

Whole Life get two thumbs up!!

Please visit FreeLifeQuotesNY.com for more information

Annuities vs CD's which is better?

Annuities and CDs are similar they are both safe, secure investments with guaranteed rate of returns based on interest rates.

Both CD's and Annuities are offered by large financial institutions, CDs are issued by banks, Annuities are offered by insurance companies.

The main differences between Annuities and CDs is that Annuities carry several advantages such as:

1. Generally Higher returns
2. Tax-Deferral
3. Liquidity

CDs do have FDIC protection to guard against Bank or banking industry failure, but Annuities also have safety measures put in place by the state to ensure Insurance companies have reserve pools in place.

FDIC insures CD's for $250,000 per depositor
New York State insures Annuities for $500,000 per depositor
(plus backing of the company you buy from)

Annuties being tax deferred is a big advantage, the deferred tax on your interest remains in the investment earning you more and more money, instead of being paid out to state and federal tax agencies on a yearly basis. Making your gains much higher.

CDs do not allow you to withdraw any money during the selected term. Period. However Annuities have provisions that allow you to withdraw money, generally 10% of your account value annually plus many contracts allow you to remove the earned interest on a monthly basis.

Annuities get two thumbs up!!

Please visit FreeLifeQuotesNY.com for more information

New York Life Insurance Company $1 Billion in Surplus

New York Life Insurance Company just announced it had a $1 Billion Dollar Surplus for 2009. Making New York Life's total surplus number $13.7 Billion Dollars! Congratulations New York Life, keep the momentum going throughout the end of the year! New York Life is one of the few AAA rated companies still going strong.

Please visit FreeLifeQuotesNY.com for more information

What is Free Life Quotes NY. com?

FreeLifeQuotesNY.com is a free site, that offers you Free Quotes, and Free Consultations. The site does not Trade, Sell, or Share your personal information. If your tired of requesting information from one of those generic quote websites, and then getting 200 phone calls for the next 6 months! This site is for you. Simple Fast and Secure! You get one follow up phone call and on phone call from an actual Financial Service Professional. One of the best parts of this site, is that you will get in touch with a real Financial Service Professional, not some telemarketer who does no know what they are talking about. So please stop by and try it out =)


Please visit FreeLifeQuotesNY.com for more information

Why buy Life Insurance

Many people think they life insurance is the worst investment you can make. I don't know how this notion got into people heads. From an investors stand point, life insurance is the only investment you can make that will ALWAYS pay out more then you put in. Not to mention that the internal interest rates on policies that have cash value are much higher then any interest rates given currently given by banks.

Please visit FreeLifeQuotesNY.com for more information