About EQUOTE Life Insurance Services

Since 1998, EQUOTE has been providing our valued customers with the lowest cost affordable term life insurance products, including no medical and term life insurance from our California offices located in San Diego. We offer term life insurance quotes online, rates, and information with simple, straight talk. Now EQUOTE Life Insurance has added Annuities and Long Term Care Insurance plans to offer you more and better options to protect yourself and your family. After all, that is what insurance is for: Protection for yourself and your family. Terms of Life Insurance Term Life Insurance is the most popular type of life insurance today. As the name implies, term life is designed for a specific term (length of time)....

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It’s a Boy! (Now Buy Life Insurance)

You’ve just had your first baby boy. Or maybe it was a little girl. Either way, congratulations. You don’t need us to tell you that life is going to change, and change quickly. You’ve no doubt already become accustomed to the idea of sleepless nights, midnight feedings, dirty diapers, and all of that kind of stuff. But what you may not have thought about with the birth of your baby is term life insurance. But, you should. After all, there’s someone depending on you and your income now. If you haven’t already scheduled an appointment with your insurance agent, do so. You’ll want to adjust the amount of your term life insurance. And if you don’t have any life insurance yet, you’ll want to invest in some immediately. Think about it....

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Term Life Insurance

As the name implies, Term Life Insurance provides protection for a specific period of time and generally pays a benefit only if you die during the "term." Term periods typically range from one year to 30 years, with 20 years being the most common term. Advantages One of the biggest advantages of Term Life Insurance is its lower initial cost in comparison to permanent insurance. Why is it cheaper when initially purchased? Because with term insurance, you're generally just paying for the death benefit, the lump sum payment your beneficiaries will receive if you die during the term of the policy. With most permanent policies, your premiums help fund the death benefit and can accumulate cash value. Term life insurance is often a good...

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How Much Life Insurance Should I Buy?

“I’m worth more dead than I am alive.” Most of us who own term life insurance have probably said this a number of times. It’s enough to make the average life insurance agent wince. The fact is that the average life insurance agent knows that it simply isn’t t true. You’re likely worth a lot more alive than you are dead. And we’re not just talking about your sentimental and emotional value to your family. Don’t get us wrong; we know they’ll miss you, and you probably have a lot of intangible value to your family. If you don’t, we recommend family counseling, fast! Believe it or not, though, you have a great deal of financial value to your family. Even if you work in a mediocre job with relatively low pay and little future, the loss...

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Life Insurance Options for Kids

One of the questions we ran into a lot when we were working in the insurance business is, “Why should we put life insurance on our kids.” The answer, abrupt as it may sound, is quite simple: because they could die. Nobody wants to think about their children dying while they are young, of course, but it is possible. So, whether you cover them with term life insurance policies or permanent insurance, don’t neglect insuring your kids’ lives. How Much Life Insurance Do I Really Need for My Kids? Kids don’t come into the world with a lot of debt. That starts when they go to college. The only thing you really need to cover for your kids are their final expenses and enough money to allow you to grieve without reporting right back to work on...

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Should I Borrow Money from My Life Insurance?

We’re living in tough times right now. With unemployment hovering dangerously close to double digits and credit harder and harder to come by, many are wondering just what they’re going to do for extra cash, especially with the holiday season upon us. Some may be considering borrowing money from sources such as their cash value life insurance policies. Of course, those with term life insurance don’t have that option, but in most cases, it’s just as well. Generally speaking, it just isn’t a good idea to borrow money against your life insurance policy’s cash value, even if you are able to do so. Here’s why: You have to pay the money back. Even though it’s your cash value you’re borrowing against, you  like any other loan: with...

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Don’t Be a Sucker – How to Avoid Life Insurance Fraud

If there’s money involved, there are folks out there who will try to find a way to take it. It’s true in politics, in entertainment, in sports, and even in life insurance. While just about everyone can benefit from having a trem life insurance to give them peace of mind and protect their family, the fact is that there are people out there intent on stealing your money (and your peace of mind). Here are some things to remember during the process of buying life insurance that will help you to avoid getting ripped off: If something sounds too good to be true, it probably is. Don’t allow yourself to get sucked into a scam just because it’s attractive. Don’t ignore mail from your insurance company. Even if your agent tells...

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