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Dipping your toes in Term Life Insurance

As the name suggests, itu2019s a life insurance policy for a duration of a term and not your entire lifetime. Term insurance lets you buy the policy for a few years and pay a certain sum of money every year till the term ends. If anything unfortunate happens to you during the term, your family will receive the death payout.

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Dipping your toes in Term Life Insurance

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  1. Home About Homeowners Insurance Life Insurance Press Get a Quote Home Life Insurance Term Life Insurance Dipping your toes in Term Life Insurance Dipping your toes in Term Life Insurance / / Pallavi Shastry July 28, 2021 Financial Planning, Home and Life, Informative, Life Insurance, Term Life Insurance As the name suggests, it’s a life insurance policy for a duration of a term and not your entire lifetime. Term insurance lets you buy the policy for a few years and pay a certain sum of money every year till the term ends. If anything unfortunate happens to you during the term, your family will receive the death payout. Buying a new house is a stressful, overwhelming experience. Particularly, as a first time home buyer, making a significant investment with a mortgage can be a daunting experience. For most, it’s the largest debt to take on. A scary thought to leave your family vulnerable when something unexpected happens – I mean death. Around a third of Amercians would end up in such a situation if they lost the primary earner of the household. A life insurance policy can cushion the blow related to some of the worry associated with buying a house. It grants your family a sense of security and a peace of mind by paying off debts, providing for your kids future – like college tuition, and supplementing your retirement, among other things. Home expenses typically run in the thousands per month – mortgage, insurance, tax, utilities, etc. Term life policies can cost as little as 1-2% of home expenses for millennials. A small additional cost for peace of mind – that’s priceless! The average length of a mortgage is 30 years, indicating the need for long-term protection – a life insurance policy. Most term life policies are also for 30 years. While buying home insurance, homebuyers should also get life insurance because premiums increase exponentially with age. Buyers in their late 20s and 30s can lock in low rates for next 30+ years term policy. It gives them protection until their kids have graduated college. You’ve got to think ahead. Bubble makes it easy to buy both life and home policies at the same time, saving you time and money. We ensure your home and family are both protected. Homeowners can quickly determine the amount of coverage they may need, customize their policy, and estimate the cost of a mortgage life insurance quote. Factor in mortgage amount, location, age, kids and their ages, other debt (like student loan), lifestyle expenses, etc. A cost effective option is to consider incremental policies. Buy the base amount policy now, add on additional coverage of varying amounts and terms when you have kids, buy a second home, parents become dependents, etc. This allows you to only pay for what you need, when you need it. Using the cost estimator on Bubble website, you can get a quote for both life and home insurance. Investing in term life insurance can mitigate some of the anxiety involved in purchasing a home. Bubble makes it easy to get a

  2. quick quote and also purchase life insurance when new homebuyers get home insurance. It’s a lot more convenient now than ever to buy life and home insurance. Technology has made it easier for insurance providers and buyers so everyone can benefit from it. To learn more, check out Bubble’s website. Share your love Pallavi Shastry ARTICLES: 11

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  7. Women have the purchasing power now! You don’t need a medical test for Life Insurance Bubble aims to make it easy, convenient, quick and affordable for homeowners to protect their homes, loved ones and everything under their roof with smart insurance products for total assurance. ©Bubble Insurance Solutions, 2021 | All rights reserved Made with ❤️ in California. Products Home Insurance Life Insurance

  8. Company FAQs Testimonials License Numbers TnC Privacy Policy Accessibility Follow Us Facebook Twitter LinkedIn Bubble Insurance Solutions (“Bubble”) is a general agent for insurance companies, such as Stillwater Insurance Group, Pacific Life Insurance Company, and The Savings Bank Mutual Life Insurance Company of Massachusetts [SBLI]. Bubble is licensed as a property casualty and life insurance agency in CA, AZ, NJ, VA, NC, OH, and TX. Availability and qualification for coverage, terms, rates, and discounts may vary by jurisdiction. Bubble receives compensation based on the premiums for the insurance policies it sells. Please refer to Terms and Conditions for additional information

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