Discuss the advantage of purchasing level term insurance rather than an annual renewable term

Term life insurance provides pure death protection and is relatively inexpensive to purchase. The prime factors that determine the premium paid relate to health conditions. Perform the following research and answer the corresponding questions. (A 1½-page response is required.)

Go to the Web site www.intelliquote.com and secure a term quote for $250,000 of level 10-year term insurance. First, request the quote as a non-smoker. Then go back and re-enter the information as a smoker of one pack of cigarettes per day. What was the premium amount quoted in each case? Why would there be such a difference in the premiums quoted?
Discuss the advantage of purchasing level term insurance rather than an annual renewable term. When would the purchase of whole life insurance be a better buying decision than term insurance?
An important question to be asked is, “How much life insurance do I need?” To answer this question, go to the following Web page. What are the rules of thumb in determining the amount of coverage needed? Using the calculator provided, how much insurance coverage should you have? (9 points)

http://www.intelliquote.com/resources/life/how-much-life-insurance-do-i-need.asp

Our Service Charter

1. Professional & Expert Writers: On Time Essays only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by On Time Essays are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. On Time Essays is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At On Time Essays, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.