What is life insurance?

Life insurance is a contract in which you make regular payments — also known as premiums — to an insurance company. In return, if you die while your policy is active, the insurance company pays a tax-free lump sum of money to the people you named on your policy as beneficiaries. This financial protection for your loved ones in the event of your death is the main reason why people buy life insurance, but only 52% of American adults have a life insurance policy.

Estimate how much your life insurance will cost

Your life insurance rates will depend on several factors, including your age, gender, health, and lifestyle habits. In general, the younger and healthier you are,

How to save money by comparing life insurance quotes

There are many factors that determine how much your life insurance will cost, including your age, gender, and health profile, and every life insurance company weighs them differently. That’s why comparing quotes from multiple insurers is the best way to find the cheapest coverage option for you.