Frisco Life Insurance

Learn how to find the right life insurance for you.

Written by Meg Stefanac
Written by Meg Stefanac

Financial blogger and business owner, Meg Stefanac, has more than 15 years experience working in the financial services industry and enjoys helping individuals make solid financial decisions. Meg has extensive experience writing about insurance and finances and is a key contributor to TrustedChoice.com.

Updated

This affluent Dallas suburb has been the fastest growing U.S. city over the past decade. Both the population and the business sector are growing quickly. If your responsibilities are growing right along with this booming city, it may be time to find Frisco, TX life insurance.

A local member of the Trusted Choice® network can help you find the right policy at the right price. These agents can provide you with coverage advice and free Frisco life insurance quotes to compare. Get tailored policies, low prices, and personal service from one of these local agents.

Sample Costs and Local Facts

  • Sample monthly premium for $500,000 of 20 year term life coverage for a 35 year old female preferred risk non-smoker: $35.69
  • Sample monthly premium for $500,000 of 20 year term life coverage for a 50 year old female preferred risk non-smoker: $86.98
  • Sample monthly premium for $500,000 of 20 year term life coverage for a 20 year old female preferred risk non-smoker: $25.79

Coverage amount, type of policy, length of the policy contract, age, health, and many other factors can affect your rates. These prices are only sample rates. They are not meant to offer specific Frisco life insurance rates.

While a healthy lifestyle may earn life insurance discounts and preferred rates, some factors, like risky hobbies or jobs, may result in higher rates. Each insurer will have also use unique underwriting guidelines and rate charts. That is one reason why it may save you money if you take the time to shop around for the best rates.

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Save on Life Insurance

Our independent agents shop around to find you the best coverage.

Popular Types of Life Insurance

  • Temporary policies: Term life insurance is very popular, because it is easy to purchase, and rates tend to be less expensive than permanent life insurance. It provides a simple death benefit, has no cash value, and expires after the 20-30 year contract ends.
  • Permanent policies: Whole and universal life insurance are examples of permanent life insurance policies that will stay in force as long as you continue paying your premium. These policies provide a death benefit like term life insurance does, but may also grow a cash value. Universal life is more flexible than whole life because premiums can be adjusted, within limits, while the policy is in force.

Your circumstances and goals determine the best choice of life insurance for you. Some families choose to purchase term insurance to provide a greater coverage amount for the immediate future, while responsibilities are greater. They may also add a smaller whole life insurance rider (policy option) which can provide lifetime coverage during retirement years. In this case, the additional rider will add an additional charge, but after the term policy expires, the whole life policy stays active.

Who Buys Frisco Life Insurance?

  • Americans aged 25 to 34 with life insurance: over 50%
  • Americans under age 25 with life insurance: 18%
  • Americans who do not believe they have enough life insurance: 39%
  • Number of new individual policies purchased in the U.S., 2009: 10,139

People purchase coverage for lots of reasons. Many parents want to be sure that the family is financially secure, in case they should pass away unexpectedly. Others purchase policies for more complicated reasons like transferring wealth or protecting a business. You can discuss your own personal goals with a local agent.

Find Frisco Life Insurance Quotes

A local Trusted Choice member agent can help you assess your personal requirements and select the best type of coverage. An independent agent will help you compare rates from multiple companies, so you can find the best deal. Find a local agent today to start comparing Frisco life insurance quotes.

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