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Much more to consider about
Term Life Insurance than price

Purchasing Term Life Insurance seems like the simplest of insurance buying tasks. Determine the amount you need for how many years and push the button, the cheapest is best…. not necessarily.

There are 2 other important things
to consider when purchasing term life insurance

  1. Does the policy offer living benefits? Some NEW Term Life Insurance policies offer Living Benefits. This great new feature can help protect against serious illness by allowing you to access a portion of your death benefit while you are living if you diagnosed with a qualifying illness. Why purchase a policy that only provides for loved ones at your death when you can purchase a policy that provides for you while you are living… at little or no additional cost
  2. What are the conversion options? Most Term Life Insurance policies allow the policyholder to convert the policy to a permanent type of life insurance policy without proof of insurability. This may not seem important when you are young and are thinking you will not need life insurance when this policy expires. However, many people have found that they still need some protection for their family much longer than they expected and there is no guarantee you will be insurable after your 20 or 30-year term policy expires. Make sure the policy you choose allows conversion to multiple types of permanent life policies for the length of the policy term.

Contact the life insurance experts at Mountain Insurance to determine what plan best fits your needs OR get started now by creating your own quote by clicking on this button

The simple way to access the best Term Life insurance options in Denver.

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We “shop the market” to find you the best insurance value

We shop ALL the life insurance companies to find you the best rate… guaranteed.

We design a plan to fit your budget

Life insurance is a necessary coverage, We will design a plan that you can afford.

We can find coverage for your lifestyle

Marijuana user? Diabetic? We can find coverage for hard to place risks.

Most common Denver Term Life Insurance questions from our clients

Do I need to complete a medical exam?

Most companies offer some sort of electronic application that does not require a medical exam. However, underwriting rules may still require an examination be completed depending on your age, death benefit amount and current health status.

What are the advantages of Term Life Insurance?

Clearly the advantage is the low cost. The shorter the term the more insurance you can buy. For example, a 40-year-old male can purchase $500,000 on a 20-year term for $27.76 yet a $1,000,000 policy is only $23.22 on a 10-year term.

What are the disadvantages of Term Life Insurance?

The biggest disadvantage is the long-term cost and the inability to lock in premiums at your current age for life. Today, a 40-year-old can purchase a 20-year, $1,000,000 year term for $48.80 per month. In 20 years, at age 60, the cost for another 20-year, $1,000,000 term is $387.60 monthly and that is if there is no change in the policyholder’s health status.

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The right coverage at the best price. Colorado's trusted insurance advisers since 1997

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We are dedicated to providing our clients with the highest quality in business and personal insurance products and services at the most competitive prices in Denver, CO.

3705 Kipling Street, Wheat Ridge, CO 80033
303 420-4774
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