There are good times in life and then there are bad times in it too. While you should stay optimistic about your future, its best if you are also realistic. And when it comes down to it, it is best for you and your family if you take care of the bad times before they arrive. Because staying secure will take you a long way in life. When you will be in time of need then, you will not be relying on anyone else to take you out of that situation. Instead, you will have enough to protect yourself against the unpredictable aspect of life. While we are on this topic, we should discuss personal insurance. With that, we will be mentioning a cheapest personal insurance option that you can opt for as well!
You might be wondering what personal insurance stands for. Basically, personal insurance is a types of insurance that covers your financial security includes your family’s when you are in time of need. This unfortunate time of need can be caused by serious injury, illness, loss of your ability to learn or grow, permanent or total disability of functioning and even death in the family.
Types of Cheapest personal insurance
There are various sub categories when you are going to the cheapest personal insurance in your town. These include; life insurance that helps you take financial care of your loved ones in case of your passing. Then you have income protection insurance that basically helps you replace portion of your monthly income. With that, you can apply for critical illness insurance as well. Lastly, you have the permanent and total disability insurance in case of very serious injury.
Where to get the Cheapest personal insurance
eHealth is one of the cheapest personal insurance you can get in America. Over five million clients have had the satisfaction of finding just the right plan with this company. Their Obamacare plans will cost you only $390 per month. Whereas, all the alternate products cost $109 per month. For further information, you should contact them through their website or call them on 1-844-229-4337.
Where can you get the Cheapest Life Insurance?
It becomes difficult to choose the perfect life insurance for yourself when you are looking for the Cheapest Life Insurance you can find. There are so many factors that you need to take into account, such as the cost that it will incur upon you, the company’s financial stability, their coverage details and the flexibility of their term lengths. The process often becomes laborious and tiring but do not worry because we have found the cheapest life insurance with the best life insurance policy that you can ever find. The Teachers Insurance and Annuity Association of America has made its name as the company that provides you with the cheapest life insurance with benefits that include the complete protection of your family, an income tax free death benefit and a tax deferred growth potential.
About the Teachers Insurance and Annuity Association of America (TIAA)
Dating back to almost a hundred years, this company was started in 1918 and has since then been helping people with their assets reaching in billions of dollars. They have been on the receiving end of many awards and have also made their name in the top 50 companies for diversity. Their main base where they conduct their business from is the city of New York in the United States. The TIAA provide you with the option of two types of life insurance, term life insurance and permanent life insurance, and then you can choose which one is more suitable for you.
How to use the life insurance calculator
You can now estimate your family’s insurance needs with the help of the life insurance calculator. To calculate accurately, you need the following:
- Survivor’s income needs which include the current gross annual income, your age and your age at retirement.
- Survivor’s cash needs which include any mortgage or debt repayment, education funding, illness and burial expenses.
- Your liquid assets include your existing life insurance.
You can find out more information about the TIAA by contacting them on the number 800-842-2252 as they are best known for being the cheapest life insurance companies in the United States.