How does TermOnly.com save me money?
Competition between life insurance companies and the increasing life span of the average American has caused term life insurance prices to decrease dramatically over the last 10 years. Prices can vary by hundreds of dollars a year between one company and the next. Our vast network of veteran agents, and direct marketers, allows you access to virtually all major insurance companies. [top]

What insurance companies does TermOnly.com shop from in order to generate a term life insurance quote for me?
We allow the agents the flexibility to shop from a list of companies including names such as AIG/American General Life, John Hancock, Jackson National, Banner Life - along with other lesser known but equally sound companies.  All of the companies are rated A++ to A- (Superior to Excellent)  for financial strength and claims-paying ability by A.M. Best Company. [top]

What is the difference in Preferred and Standard Rates?
Preferred rates are the best rates offered by an insurance company. They are for non-smokers and smokers in good health. Personal factors such as past health history, family medical history, height, weight, cholesterol level, lifestyle, etc. will determine whether you qualify for preferred or standard rates. [top]

What if I already have life insurance?
Feel free to get a quote from us. If we find you a similar policy for less money you can replace the policy you currently have. However, it usually takes 4-6 weeks to process a new policy so be sure to keep your previous policy until your new one arrives. In other words, don’t cancel your policy just because the quote we give you has a lower premium than the premium on your current policy. Instead, wait until you have applied for and qualified for the term life quote we send you. Also, if you are replacing a life insurance policy, the agent will have you sign a notice of replacement based upon your state's insurance regulations. [top]

Who provides the "Service"?
This is TermOnly.com's real uniqueness! Our service will provide you with the competitive rate you want, but because of our agent selection process and accountability measures, you will also get the service that you need from a LICENSED agent, not just an employee paid on an hourly wage!  Also, our Toll-Free number, 1-866-Ins-Only, is active 24hrs/day, 7days/wk.  Should you allow us to send you email updates, we will keep you up-to-date with any industry changes as well as new products and services that we know would be of value. [top]

Will my premiums rise if my health changes?
No, your premium is guaranteed to stay the same throughout the length of your term no matter what happens to your health. [top]

Do I have to take a medical exam in order to apply for a policy?
Yes, today nearly all insurance companies require a quick (approx. 20-30 minute) paramedic exam before making your coverage effective. The exam is free and is performed in your home or place of work, at your convenience. One of the reasons term life insurance rates have been decreasing over the years is because of insurance companies requiring this quick and easy medical exam. [top]

Will my coverage be effective while I’m waiting for my policy to arrive?
After you submit your application and first premium payment, some companies provide you with temporary conditional coverage until your policy arrives. The agent will explain your conditional coverage options when you apply for a policy. [top]

How do I pay for my life insurance?
You can select from a variety of options including annual, semi-annual, quarterly, or monthly payments. Also, many companies allow you to have your premium automatically deducted from your bank account.  Most will also extend discounts to you as you pay premiums in advance vs. monthly. [top]

What if I decide I don’t want my policy after I have paid for it?
You will have from 10 - 20 days (depending on your state of residence) after you receive your policy to decide whether the policy is right for you. Within that time period you can cancel and request a full refund of any premiums paid. [top]