Coverage guide, Des Moines
Life
Term life replaces your income for the years people depend on it, compared across several life carriers.
Premium from
$21/mo
Carriers quoted
8
Policy term
10 to 30 years, or permanent
Term life pays a fixed amount if you die during the term, usually 10, 20 or 30 years. It is the simplest and least expensive way to protect a family or a mortgage, and most of our clients need nothing more.
Permanent policies such as whole life last for life and build cash value, at a much higher premium. They can make sense for estate planning or a lifelong dependent; we show both side by side.
Coverage often set at 10 to 12 times yearly income
Some healthy applicants qualify without a medical exam
The price is locked for the whole term
What it covers
A lump sum to your beneficiaries, usually free of income tax
Almost any cause of death after the two-year contestability period
Optional riders for children or a terminal illness
Common gaps
Group life through work usually ends when you leave the job
Term coverage ends at the end of the term with no payout
Misstated health details can delay or reduce a claim
Is this the right policy for you?
A 15-minute call tells you whether you need it, roughly what it costs and what to have ready. No obligation and no fee.
Coverage varies by carrier and policy form. Example premiums only, not a quote or an offer of coverage. Iowa license # 0000000 (demo).
Other policies worth a look.
12 months
Home
The house, your belongings and your liability. We match your roof and deductible to the carrier that wants it.
See the details
6 or 12 months
Auto
Liability for damage you cause, plus collision and comprehensive. Iowa’s 20/40/15 minimum is rarely enough.
See the details
12 months
Business
One business owner’s policy for property and liability, plus workers’ comp and commercial auto when needed.
See the details