Estate Planning

Estate planning simply means that you make financial arrangements for your estate to be settled without burdening your family with the cost.

Premiums can vary by as much as 50%. Visit Netquote, where you can fill out a short form, select a plan, and input your personal data for a true personalized quote in minutes. Click here to start.

Use Insurecom to compare additional term life and whole life quotes, and get expert advice from an agent in your area, who can help you design a plan that's right for you. Click here to fill out a quick form.

Estate planning with life insurance

Life insurance guarantees that your estate is passed to your heirs in full.

Since your estate is subject to taxes and your beneficiaries are required to pay capital gains tax on inheritance you need to make sure there's enough money to cover these costs.

Securing your estate

Purchase a whole life insurance policy with a death benefit that covers the estate tax you expect to be subject to upon your death. You may want to include funeral expenses and any fees or costs associated with settling your estate. This way your family can settle your estate and without selling it first.

Next: Life insurance as business protection

For more help . . .

Getting the lowest possible premium on your life insurance is almost like an art form. There are many variables to consider, and to get the right balance of term length, benefit amounts, and policy riders and illustrations, you need to take a careful step-by-step approach to the buying process.

Our free life insurance course is designed to help you do just that.

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