If someone depends on you financially, you probably realize that you need life insurance. But the process of buying a policy can seem confusing and difficult. Should you buy term or whole life? How much coverage should you buy? Will you have to have a medical exam? How long will take to be approved?
Lakewood Financial can help you check “buy life insurance” off your to-do list. We recommend term life insurance for many people. It’s more affordable, and you can choose a policy term that provides coverage for as long as you need it—say until your children graduate from college or your mortgage is paid off. To make it even easier, in just a few minutes, you can fill out an application, get a price quote, and be approved for a term life insurance policy through Bestow, one of our new partner companies. Click here to get started, or read on to learn more.
Bestow’s life insurance program is best for younger, healthier people (ages 21-59)* looking for a simple way to buy term life insurance with no medical exam. You’ll create an account online, answer some basic questions such as your age, height, weight, where you live, your employment and some additional lifestyle questions. The company software uses algorithms to evaluate you as a risk and set premium prices.
Prices are determined by factors including your age, gender, health history, tobacco use, policy term length, and the death benefit chosen.
Features of this program include:
- Quick and easy application process—get a quote in minutes!
- No medical exam necessary
- Policies start at $16 a month
- Death benefits range from $50,000 to $1.5 million
- 30-day money-back guarantee
- Policies will be issued by an A.M. Best A+ rated insurance company
If you have questions about term life or the Bestow program, please call a Lakewood Financial agent at 941-747-4600.
*If you don’t meet these criteria, don’t worry! We represent other life insurance companies. Give us a call at 941-747-4600 (or click here) and we will be happy to help you find the life insurance policy that is right for you.