Calculator From LifeInsuranceGroup.com Helps Consumers Decide How Much Term Life Insurance To Buy

When shopping for term life insurance, consumers need to know how much to buy, and what to spend on the premiums. LifeInsuranceGroup.com has a calculator tool showing customers how much to spend on term life insurance premiums.

Miami, FL (prHWY.com) March 1, 2012 - MIAMI, February 28, 2012 -- A 35-year-old woman living in New York and looking at life insurance rates is going to find different quotes for a term policy than a 25-year old man in California. Term life insurance quotes vary according to geography, gender, age, and many other factors. It can be very confusing for consumers who are in the market for term life insurance quotes when they are given vastly different numbers from different companies.

The website LifeInsuranceGroup.com has a tool called the Term Life Insurance Calculator that helps consumers find the life insurance rates that apply to them.

All a customer has to do is enter the following four pieces of information:

* Gender
* Age
* Desired Insurance Term Length
* Zip Code

After that, the shopper simply clicks on "calculate, and the following six expense categories are calculated:

* Mortgage and Estate taxes
* College Fund
* Emergency Fund Amount
* Funeral Cost
* Expenses on dependencies
* Non-mortgage debt

Based on these numbers, the consumer is also told how much life insurance to buy, and what the premium will be.

For example, that 35-year-old woman living in New York, looking to buy a 35-year term plan, will find that she needs a policy worth $100,000 with a premium of $2,287.90. The 25-year-old man living in California, in the market for the same 35-year term plan, will also find that he needs to buy $100,000 worth of term life insurance, but his term life insurance premium quote is $907.75.

Navigating life insurance rates is tricky, but website tools like the calculator make it much easier for customers to find the quote that applies to them.

About LifeInsuranceGroup.com:

We provide valuable objective information about life insurance and life insurance providers. Our main goal is to educate consumers and help them find leading life insurance companies based on ZIP codes or states.

Contact Detail :

Lifeinsurancegroup.com
Name: Bill Smith
382 NE 191st St #27330
Miami, FL 33179-3899
Phone: 754-273-8577
Email: inquiry@lifeinsurancegroup.com
Website: http://www.lifeinsurancegroup.com/

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Tag Words: life insurance, term life insurance

Categories: Business

Press Release Contact
382 NE 191st St #27330
Miami, FL 33179-3899
Phone: 754-273-8577

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