I have commented on life insurance in the past; term insurance is the cheapest form of protection per premium dollar, as it contains no savings function.
As for the cheapest protection you can get, policies today can be quickly acquired, over the internet, or by phone. No physicals are often required for plans up to certain dollar limits. How do you get the best protection for your money?
Even though screening is currently computerized, bigger-dollar plans with no mandatory medical screening may be more expensive. If you’re healthy, why not pay less with more scrutiny for your coverage?
Shop around also for pricing on comparable terms; direct-writing companies are generally cheaper. ( See the Earl J. Weinreb NewsHole® comments.)
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