Best Life Insurance Plans for Women - Our Top Picks for 2024
Mar 19, 2024
WESTMONT, Ill., March 19, 2024 /PRNewswire/ -- LifeQuotes.com, the online life insurance price comparison service that offers instant quotes from 50 highly-rated life insurers, today released the results of a new market survey that reveals the best life insurance rates for women in honor of Women's History Month. LifeQuotes.com: Lowest Life Insurance Rates for Women "In honor of Women's History Month, we have some very exciting news to share with women who are shopping for life insurance," said LifeQuotes.com Vice President, Michelle Zieba. "Women who have dependents tend to be underinsured when it comes to life insurance. But we're here with the good news that there is a robust, competitive market out there of life insurers competing to win your business. Even better is our no-pressure service model that has our salaried life insurance experts advising on the best plan for each family's situation." The Life Insurance Marketing and Research Association (LIMRA) states that the "top reason women give for not purchasing life insurance is that they think it is too expensive. And 8 in 10 women tend to overestimate the cost of life insurance." Another common misconception about life insurance that deters women from purchasing life insurance is the belief that homemakers or stay-at-home mothers who are not employed are uninsurable. Zieba continued, "Life insurance is readily available to stay-at-home Moms. We recommend that stay-at-home Moms carry no less than $300,000 of coverage and that working Moms carry 10-15 times their annual income." The chart below highlights the best life insurance rates available for female applicants on our #1 best-selling 20-year level term life policy, which covers death by any cause, at any time, in any place, except for suicide within the first two policy years (one year in some states). Beneficiaries received benefits tax-free. Other rate guarantees such as 10, 15, 25, 30-year, and lifetime are available at www.lifequotes.com. Best Female 20-Year Term Life Rates Age $100,000 $250,000 $500,000 $1,000,000 25-30 $9 $11 $16 $23 35 $9 $12 $17 $29 40 $10 $15 $24 Full story available on Benzinga.com
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