Get Coverage in Minutes and Peace of Mind for Life
Freeway Insurance offers a simple and affordable life insurance solution. We get rid of the complicated enrollment process to give you the freedom to choose from multiple life insurance companies. You can apply in minutes online and completely free. We’ve set up an online one-stop-shop for your life insurance needs and are happy to help you find the perfect policy for your needs and budget. Peace of mind is just minutes away.
You Could Get Covered in MinutesGet a free life insurance quote online with a couple of clicks. Once you find the best life insurance policy for you and your family, apply completely online. It’s really that easy.
What is Life Insurance?
Life insurance provides a safety net, so your family is protected when you pass away. This coverage can provide your family with income, cover debts and basic needs, and even help pay for the mortgage or college. Having a life insurance policy is about taking care of the people that matter to you the most. We know you work hard to provide for them, so why not make sure they are taken care of when the unexpected happens? That’s where life insurance comes in.
How Does Life Insurance Work?
Life insurance policies work similarly to other types of coverage. You determine how much coverage you need, how long you need it, and then make your payments. If your policy is still active when you pass away, the people you have listed on your policy as beneficiaries get paid the death benefit, typically in one lump sum.
The money your beneficiaries receive from your life insurance policy can help pay for a college education, pay off a mortgage, keep a family business going, or any other way you might want to protect the future well-being of your loved ones.
Freeway Insurance can help you navigate life insurance options and find the best fit for your needs and budget. Protecting your loved ones doesn’t have to be expensive. We are experts at tailoring affordable life insurance plans regardless of your circumstances. The best part? You could get covered entirely online and in just a few minutes.
How Much Life Insurance Do I Need?
There is no clear-cut answer when it comes to getting the best coverage. Each person has different priorities and goals. That’s why it’s important to find a knowledgeable insurance company that puts your best interests first.
Types of Life Insurance Plans
Basic Whole Life Insurance
Whole life insurance provides a guaranteed payout no matter when you pass away, as long as you keep paying your premiums. Whole life insurance can be a good choice if you’re looking for comprehensive lifetime coverage (as long as you meet the policy’s term). It provides the additional benefit of building cash value that can be accessed within the lifetime of the policyholder. Whole life insurance focuses on long-term protection.
Term Life Insurance
Term life insurance offers the most affordable premium payments and a comparable payout. As long as the premiums are paid, the policy lasts the selected term length (standard options are 10, 15, 20, and 30 years). Term life insurance could be your best option if you need affordable coverage for a specific period. It provides straightforward protection when you’re on a budget and allows you to choose the term of the policy, but can be converted to a permanent policy if you chose to do so. Term life insurance is geared toward protecting your family in case of your sudden death, as the payout could serve as a replacement for the income you provide. Term life insurance could help your loved ones:
- Pay off any debt or mortgage.
- Cover immediate expenses after your passing.
- Pay for a college education.
- Have extra protection during the child-raising years.
Should I Get Life Insurance Even If I’m Young?
Older is not wiser in the life insurance market since rates are based partially on age. The older you are, the closer you are to passing away—which means the closer you are to having your policy cashed out by a beneficiary. Your best strategy is to apply for life insurance while you are young and healthy so you qualify for the best rates.
Apply Online and You Could Get Covered in Minutes!
Protect the future of your loved ones with life insurance from Freeway Insurance. We offer a variety of low-cost plans, some without a medical exam requirement. Experience the freedom of choice today and get the peace of mind you need for life.
Need more info? You can also give us a call. We’re here to help.
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If You Have Questions, We Have Answers
Life insurance is a method some people take to ensure that their loved ones are financially secure if they pass away. Insurance companies are willing to pay those who depend on you a sum of money upon your death in exchange for periodic premium payments. In the event of your passing, the life insurance policy pays out directly to the individuals selected by the insured, who can then use the money however they wish. Learn More
Life insurance is basically designed to cover the loss of income, end-of-life expenses, and other financial needs your family or loved ones may have if you die unexpectedly. The coverage can vary from plan to plan, as life insurance is fairly flexible. Some examples of coverage can include providing money to pay the deceased’s outstanding debt, paying a mortgage, college tuition for the deceased’s children, paying into a trust, and many other options. Learn More
The amount of life insurance you should purchase depends on your specific, personal needs. You may want to purchase a plan that takes into account your family’s financial status and its probable future. If you are the primary earner in your household, you may want to purchase a larger policy than if you are not. You should speak with an insurance agent to discuss your options and see what life insurance plan fits best for the the needs of your loved ones. Learn More
A number of different factors go into the cost of a life insurance policy. The cost of a plan is based on age, life choices, occupation, health, and several other considerations. A young, healthy non-smoker will likely pay a lower rate than a middle-aged smoker with diabetes, for example. The cost also depends on the amount of life insurance you wish to buy and whether you choose a term or permanent life insurance policy. It is important to speak with an insurance agent or get a free quote online in order to see how much you should expect life insurance to cost.