Compare over 37 Term Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Lexington, MA Term Life Insurance policy providers in as little as 15 minutes. Save time. Save big. Get started now.
Find the perfect plan from over 37 providers
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 37 policy provider comparison.
Explore multiple policies from all the leading insurers and choose the one that fits your needs.
Locked in rate discount and exclusive deals.
Benefit from exclusive deals offered only to residents of your state, and lock in huge rate discounts.
Customized policies just for you.
Our team tailors policies to your unique needs, meaning optimal coverage at competitive rates.
"I was totally lost trying to find the right Term Life Insurance until I found PolicyHub. I was able to work with a licensed agent to compare all my options all at one. I got the perfect plan for me at a cheaper rate than I expected."
Barbara Winters
Policy Holder
ATTN: 2024 Term Life Insurance rates just released!
Get the latest Term Life Insurance rates for 2024 and lock in your policy today! Get started comparing policies right now.
Get the Term Life Insurance plan with the cheapest rates in 3 easy steps.
Done in 3 easy steps
Step 1
Tell us about yourself.
Finding the perfect life insurance policy starts with answering a few questions to help us serve you better.
Step 2
Compare rates & plans.
Discuss your options with a licensed insurance agent. Compare plans to find the best policy & cheapest rates.
Step 3
Lock in cheap rates.
Secure the lowest rates and lock in the perfect life insurance policy for you and your family.
"I lost hope trying to find a Term Life Insurance policy that wasn't insanely expensive. Thankfully PolicyHub helped me find the perfect policy that is affordable with high coverage. Thank you!"
Bill Barton
Policy Holder
PolicyHub is the smartest way to protect the people that matter most.
Safeguard Your Family
Term Life Insurance means safeguarding your family in a worst-case scenario. Don't risk it.
Gain Peace of Mind
Far too many Americans are financially blindsided by the death of a loved one. But not your family.
Protect Your Business
Protect your business by ensuring a smooth transition of ownership with the right life insurance.
Beat Estate Taxes
Inheritance or estate taxes is burdensome for your heirs. A life insurance policy can help.
Invest in Your Future
For less than $1 per day, you can make a huge contribution to your family's financial safety.
Build Your Legacy
Through a life insurance policy, you can leave behind a legacy for your loved ones.
Get started in less than 15 minutes.
With PolicyHub getting started is easy. Compare all the Term Life Insurance rates from all the providers in Lexington, MA. Get started in under 15 minutes.
All your Term Life Insurance needs in one place.
Term life insurance is a type of life insurance that provides coverage for a specific period of time or "term". If the policyholder dies within the term, the death benefit will be paid out to the beneficiaries. However, if the policyholder outlives the term, the policy will either end or renew for a new term. It's typically less expensive than permanent life insurance.
Level term life insurance offers steady premium payments and death benefits throughout the policy term, ideal for those desiring long-term financial stability. Decreasing term life insurance, with a gradually reducing death benefit but consistent premiums, suits individuals with decreasing financial responsibilities over time.
Increasing term life insurance provides a rising death benefit while keeping premiums typically constant, appropriate for those foreseeing growing financial needs. Renewable term life insurance allows for policy extension after the term expires without a new health exam, suitable for those expecting prolonged need for coverage, albeit with potentially higher premiums.
Save time and get the best Term Life Insurance policy with the cheapest rates. Guaranteed.
![]() |
Option 1 | Option 2 | ||
---|---|---|---|---|
100% Digital | ||||
Licensed Agents | ||||
Expert Support | ||||
Get Started in 15 minutes | ||||
Decades of Experience | ||||
Compare 37+ Providers | ||||
Zero Hidden Costs | ||||
Top Insurance Providers |
Real PolicyHub testimonials...
"I knew I needed Term Life Insurance but I didn't know where to go. I talked with a few other companies but the cost was outrageous. I found PolicyHub and found the perfect plan for me at an affordable cost."
Wendy Smith
Policy Holder
Get matched with a 5-Star Term Life Insurance agent.
Roy Stephens
term life insurance agent
Roy Stephens is a licensed term life insurance agent licensed in your state.
Mark Sidway
term life insurance agent
Mark Sidway is a licensed term life insurance agent licensed in your state.
Cale Reeves
term life insurance agent
Cale Reeves is a licensed term life insurance agent licensed in your state.
"I was searching for Term Life Insurance but quickly found out that everyone was trying to sell me on policies I didn't need. Thankfully I found PolicyHub and get the cheapest rates and the right policy."
Nicole Nielson
Policy Holder
Introducing PolicyHub Price Match Guarantee
Our priority is to save you money while getting you the right coverage. If you find a lower rate for a similar policy anywhere else, we'll match it! With PolicyHub, you can rest assured knowing you're getting the best price for Term Life Insurance in Lexington, MA.
Frequent Questions...
Term life insurance is type of life insurance which provides coverage for a set period of time usually between 10 to 30 years and typically offers the largest death benefit for the lowest premium cost. In Lexington, MA, term life insurance can be especially useful for young families since it may provide needed financial protection should something happen to the primary breadwinner. Many young families in the area count on it to provide for children should something tragic happen while theyโre still dependent on their parents. Term life insurance in Lexington, MA can provide peace of mind that families will be taken care of in the future.
Why choose term life insurance quotes in Lexington over permanent options?
People in Lexington, MA may choose a term life insurance policy over a permanent one because of its flexibility and affordability. Term life insurance is an ideal option for individuals who have a temporary need for life insurance protection such as those raising young families or paying off a home mortgage. It also offers convenience over permanent policies as it is easier and quicker to apply for and you can choose the amount of coverage as well as the length of term that best suits your needs and lifestyle.
Are there age limits for a term life insurance policy Lexington?
In Lexington, MA, there is typically no age restriction to buy term life insurance. Every provider is different, but typically, term life insurance can be secured for individuals up to 80 years of age, depending on your current health and lifestyle. Also, term life insurance policies can be converted into a permanent policy as you age, which is an added benefit. It's always wise to consult an insurance agent to review all of your options and to determine the most suitable policy for you.
Are there discounts on term life insurance near Lexington?
In Lexington, Massachusetts, there are several ways you may be able to lower your term life insurance premium. A good place to start is to compare different policies and weigh the benefits. Some carriers offer discounts for individuals aged 50 and over. Also, try increasing your deductible, lowering your coverage needs, or reducing the amount of coverage for dependent children. Further, make sure youโre taking advantage of any professional or trade association memberships you may have, as many organizations offer discounts on life insurance premiums. Last, you may qualify for discounts if you apply as a couple or family.
With a term life insurance quote Lexington, does it cover accidental deaths?
Yes, many term life insurance policies for Lexington, MA residents offer accidental death coverage. These policies typically cover death resulting from specific incidents, such as falls or car accidents, as long as the death meets the criterion of the policy. Generally speaking, these policies cover death as long as it was not caused by disease or any intentional act by the insured. A qualified insurance representative can provide more detail if you would like more information about the coverage offered by Lexington, MA insurers.
In Lexington, MA, you can absolutely have multiple beneficiaries; however, it is important to ensure that your will is clear and up-to-date to prevent any confusion during the distribution of your estate. Depending on the amount and complexity of your estate, you may want to consider working with an experienced estate planning attorney to help draft a will that accurately reflects your wishes and supports those who are relying on you. Additionally, documentation should be maintained to track any and all changes of beneficiaries in the will.
Are death benefits from term life insurance policies near Lexington taxable?
Whether death benefits are taxable in Lexington, Massachusetts depends on the circumstances surrounding the benefits. Generally speaking, all death benefits that are received for the loss of a loved one are exempt from taxation. However, if the benefits are related to a life insurance policy that was purchased by or for the benefit of the deceased, the beneficiary may have to pay taxes on the benefits. In the state of Massachusetts, the proceeds from an annuity that had been owned by the deceased are also potentially taxable.
Is there a waiver of premium rider for term life insurance in Lexington?
Yes! The waiver of premium rider is available to Lexington, MA residents who purchase life insurance policies. This rider can help residents gain peace of mind in the event of disability, allowing them to remain insured while saving money by bypassing their premiums over the duration of the disability period. Furthermore, this rider also allows beneficiaries to receive life insurance proceeds free of estate taxes, which can help alleviate financial burdens upon a person's death. It is important to speak with your life insurance professional to assist you in determining if this unique rider is right for you.
Group vs. individual Lexington term life insurance policy: What's the difference?
Group term life insurance through work in Lexington, MA typically provides coverage for all employees of the company at a lower cost than individual policies. Employees of the company are often automatically enrolled in the group policy, and the policy covers all employees without requiring medical questionnaires or clinical tests. Group policies often also provide additional benefits that aren't typically available through individual policies, such as special coverage for employees with medical disabilities or pre-existing conditions. With a group policy, the cost of coverage is shared among the company and the employees, resulting in overall lower premiums than individual policies.
What factors should I consider when choosing a Lexington term life insurance company?
When choosing a term life insurance company, it's important to research the company's financial strength and stability, customer service record, and policy coverage and terms. In Lexington, MA, many policyholders rely on Liberty Mutual for their term life insurance needs. Liberty Mutual is locally represented by agents across the area and has an A rating for financial strength from A.M. Best, indicating its ability to meet its obligations to policyholders. Furthermore, customers appreciate the responsive customer service and generous coverage options, presenting the perfect combination of strength and affordability.
Compare Lexington, MA Term Life Insurance Policies
Get started today and compare over 37 Term Life Insurance providers in as little as 15 minutes.
© 2024 PolicyHub - all rights reserved