Inexpensive Ohio Life Insurance Plans by Ed Harris

Inexpensive Ohio life insurance plans are regularly offered by the major US life insurance companies. Prudential, Transamerica, Genworth and Metlife are just a few of the carriers that feature affordable rates. But other lesser-known life insurance companies, such as Midland National Life and Ohio National Life often offer excellent rates.
Term insurance is the most economical and affordable form of life insurance. It was created to provide temporary inexpensive life insurance coverage at a reduced premium. Large amounts of coverage can be purchased for a small cost, so this type of policy is often used to pay off a loan (in the event of death) or during the child-raising years.
Ohio guaranteed level term insurance is the most affordable and popular type of term plan. Premiums can be guaranteed for 5-30 years to remain level. Because of this feature, long-term needs can be addressed without paying an exorbitant premium. And of course, at any time, a term policy can be cancelled without any penalty, making it one of the most inexpensive insurance options available to consumers.
Current Guaranteed Renewable Term Rates:
15-Year Guaranteed Term for a healthy 40 year-old male:
$250,000 of coverage-$152 per year
$500,000 of coverage-$245 per year
$750,000 of coverage-$340 per year
15-Year Guaranteed Term for a healthy 40 year-old female:
$250,000 of coverage-$148 per year
$500,000 of coverage-$235 per year
$750,000 of coverage-$310 per year
10-Year Guaranteed Term for a healthy 50 year-old male:
$250,000 of coverage-$250 per year
$500,000 of coverage-$440 per year
$750,000 of coverage-$630 per year
10-Year Guaranteed Term for a healthy 50 year-old female:
$250,000 of coverage-$240 per year
$500,000 of coverage-$395 per year
$750,000 of coverage-$550 per year
Illustrated rates are based on non-smoking "Preferred Best" status.