Shop Term Life Insurance rates in seconds & SAVE!
Shop Term Insurance Rates from over 100 top insurance companies at-a-glance so you can easily identify the best coverage at the lowest price!!
*Website Calculators for Doug Grushey
To integrated the website calculator into your website, Doug Grushey recommends
using an iframe or a direct link to them from a page on your website.
To ensure the most accurate and personalized quote, we recommend working with one of our licensed agents at no cost to you. They will review your information and help find the best rates and policy tailored to your needs. We act as your advocate and are committed to securing the best possible coverage for you.
To ensure the most accurate and personalized quote, we recommend working with one of our licensed agents at no cost to you. They will review your information and help find the best rates and policy tailored to your needs. We act as your advocate and are committed to securing the best possible coverage for you.
Calculate How Much Life Insurance You Need
Determining how much life insurance you need is a crucial step in making sure your loved ones are financially secure if something were to happen to you. A common approach is to estimate the total amount of coverage based on your current financial obligations and future needs. First, use the Income Replacement Calculator below to compute the amount of income you’d need to replace. Next, plug that income number into the DIME formula to get a total estimate of the life insurance you need:
The DIME Formula
This approach looks at four key factors – debt, income, mortgage and education. You calculate the total by adding up your outstanding debts, the income replacement your family would need, the remaining mortgage balance and the cost of future education for your children.
Universal Life to age 121
Some insurers offer partial or full return of premium at specified periods – please contact us for a personalized quote.
Income Replacement Calculator
Term Life Insurance with Return of Premium
Final Expense Whole Life
Do-it- Yourself
“Ethos” as seen on TV!
Life insurance made easy. With Ethos, you can get competitively priced life insurance in as little as 10 minutes. No medical exams needed – just answer a few health questions online. You could get up to $2 million in coverage today. Get your quote and apply here:
Or use QR Code:
Consider a Term Life Insurance
Ladder
strategy to capture
BIG SAVINGS!
Term Life Insurance Laddering” refers to purchasing multiple term life insurance policies with different coverage periods that match the timing of your financial obligations. For instance, instead of purchasing a more expensive 30-year term policy only, you might break up your coverage using a 30-year term policy for long-term needs, a 20-year term policy covering your intermediate needs and a 10-year term policy to align with a shorter-term financial commitment. By dividing your coverage into smaller policies with staggered coverage periods, you’re customizing the insurance to your life stages and needs at significantly less cost than purchasing one large, long-term policy. As explained in this well-written article regarding term life insurance laddering on BankRate.com entitled
How to use the Ladder Strategy to save on Life Insurance
“This approach is designed to align with the reality that most people’s financial obligations decrease as they age. As kids grow up and become independent, your mortgage balance shrinks and your retirement savings grow, the need for extensive life insurance often diminishes. By laddering policies, you can reduce the risk of being overinsured and paying higher premiums for coverage you no longer need. As your financial responsibilities lessen, shorter-term policies drop off, leaving you with just the right amount of coverage – and lower costs – at each stage of life. This strategy offers flexibility and can be a smart way to ensure you’re only paying for the protection you truly need.”
In their walk through of a real-world example to see how a laddering strategy could “help a healthy, 32-year-old married male parent, with a mortgage and a growing family, manage their life insurance costs over time”, they calculate a premium savings of $20,175 or 63% less cost than purchasing one 30-year policy. Taking their example an important step further, if this family were to invest their $20,175 in saved monthly premiums over the 30-year coverage period and earned a hypothetical 5% compounded average annual rate of return on those monthly savings, they’d accumulate approximately $20,669 in earnings during the coverage period to add to their premium savings. As a result, their total financial benefit by the end of their coverage period could approximate $40,844!
To summarize, the benefits of term life insurance laddering include:
- Cost Efficiency: By incorporating staggered, less expensive shorter policies that match the timing of your financial obligations, you can significantly reduce your cost for 9term life insurance overall.
- Phased Coverage: As each policy in your ladder expires, you can reevaluate your financial situation and insurance needs. Available “conversion options” to whole life policies along the way can provide you a guaranteed right to convert your “term life” policy to a “whole life” policy at specified periods without health underwriting being required again.
- Auto-Adjusted Coverage and Cost: As you accumulate assets over time and your financial obligations decrease, your coverage and premium cost auto-adjust downward when policies in your ladder expire.
- Adaptable Strategy: Laddering policies can help you adapt coverage as family and financial situations evolve providing more flexibility while paying less cost.
Be aware that insurance agents and agencies in general may not proactively recommend a cost-efficient term life insurance ladder approach for a couple obvious reasons. First, a potential 63% savings in total premium as detailed in the BankRate.com article example translates to nearly 50% less commission for the agency. Second, more time and effort are required on their part to build you laddered coverage with multiple policies vs. using one, long-term policy. So, if a laddering strategy makes sense in your situation, request that any agency you work with include less costly laddered term life quotes as part of your shopping process.
term life insurance coverage periods
Quickly shop different term life insurance coverage periods for your personal “Life Ladder” below. Calculate your potential premium savings using a ladder strategy compared to purchasing one expensive, long-term policy
Disclaimer The quoting software is powered by industry-leader Doug Grushey Software Inc. Doug Grushey makes every effort to ensure the data is accurate and up to date, however, we cannot guarantee its accuracy. If there is any discrepancy between the information provided by Doug Grushey and an official illustration or policy authorized by a life insurance company, the terms and conditions of the actual policy shall take precedence. Please note that the quotes provided do not take into account specific factors such as your actual health status or other individual details. Additionally, each insurance company has unique underwriting guidelines that may impact your final rates.
To ensure the most accurate and personalized quote, we recommend working with one of our licensed agents at no cost to you. They will review your information and help find the best rates tailored to your needs. We act as your advocate and are committed to securing the best possible coverage for you. Contact us to request your personalized “Life Ladder” by email at help@lifeinsurancerateshop.com or calling our office at 214-997-4810
To ensure the most accurate and personalized quote, we recommend working with one of our licensed agents at no cost to you. They will review your information and help find the best rates tailored to your needs. We act as your advocate and are committed to securing the best possible coverage for you. Contact us to request your personalized “Life Ladder” by email at help@lifeinsurancerateshop.com or calling our office at 214-997-4810
Our Trusted Insurance Providers
Quickly shop our network of over 100 top-rated Term Life Insurance providers using Compulife’s industry-leading software. Compare policies from trusted names and secure your beneficiary’s future today!
- AAA Life Insurance Company
- Accendo Insurance Company
- American-Amicable Life Ins Co of TX
- American Memorial Life Insurance Company
- American Equity Investment Life Ins Co
- American Fidelity Assurance Company
- American General Life Insurance Company
- The American Home Life Insurance Company
- American National Insurance Company
- American National Life Ins Company of TX
- American National Life Ins Company of NY
- American Progressive Life & Health of NY
- American United Life Insurance Company
- Americo Financial Life and Annuity Ins.
- Ameritas Life Insurance Corp
- Ameritas Life Insurance Corp (FLX)
- Ameritas Life Insurance Corp of New York
- Assurity Life Insurance Co (Hero Life)
- Assurity Life Insurance Company
- Athene Life Insurance Company of NY
- AuguStar Life Assurance Corporation
- Aurora National Life Assurance Company
- Baltimore Life Insurance Company
- Bankers Fidelity Life Insurance Company
- Banner Life Insurance Company
- Banner Life Insurance Company (Ethos)
- BetterLife
- Boston Mutual Life Insurance Company
- Brighthouse Life Insurance Company
- Brighthouse Life Insurance Company of NY
- Capitol Life Insurance Company
- Trusted Fraternal Life
- Centrian Life Insurance
- Christian Fidelity Life Insurance Company
- CICA Life Insurance Company of America
- Cincinnati Life Insurance Company
- Columbus Life Insurance Company
- Continental Life Ins Co of Brentwood TN
- Encova Life Insurance Company
- Equitable Financial Life Insurance Co
- Family Benefit Life Insurance Company
- Farmers New World Life Insurance Company
- Federal Life Insurance Company (Mutual)
- Fidelity Life Association
- Forethought Life Insurance Company
- GBU Financial Life
- Gerber Life Insurance Company
- Gleaner Life Insurance Society
- Government Personnel Mutual Life Ins Co
- Grange Life Insurance Company
- Great Western Insurance Company
- Guarantee Trust Life Insurance Company
- Guardian Life Insurance Co of America
- Illinois Mutual Life Insurance Company
- Independent Order of Foresters
- John Hancock Life Insurance Company USA
- John Hancock Life Insurance Company NY
- Kentucky Home Life Insurance Company
- Lafayette Life Insurance Company
- Liberty Bankers Life Insurance Company
- Life Insurance Company of the Southwest
- Lincoln National Life Insurance Company
- LifeShield National Insurance Co
- Madison National Life Insurance Company
- Massachusetts Mutual Life Insurance
- Midland National Life Insurance Company
- Minnesota Life Insurance Company
- Mountain Life Insurance Company
- National Benefit Life Insurance Company
- National Catholic Society of Foresters
- Nassau Life Insurance Company
- National Life Insurance Company
- Nationwide Life and Annuity Insurance Co
- Nationwide Life Insurance Company
- National Western Life Insurance Company
- New York Life Insurance Company
- North American Co for Life and Health
- NYLIFE Insurance Company of Arizona
- Occidental Life Ins Co of North Carolina
- Oxford Life Insurance Company
- Pacific Guardian Life Insurance Co
- Pacific Life Insurance Company
- The Paul Revere Life Insurance Company
- Penn Insurance and Annuity Co of NY
- Penn Mutual Life Insurance Company
- Polish Roman Catholic Union of America
- Principal Life Insurance Company
- Principal National Life Insurance Co
- Protective Life and Annuity Insurance Co
- Protective Life Insurance Company
- Provident Life and Accident Assurance
- Pruco Life Insurance Company
- Pruco Life Insurance Co of New Jersey
- Royal Arcanum
- Royal Neighbors of America
- Savings Bank Mutual Life Ins Co of MA
- SBLI USA Life Insurance Co Inc
- Securian Life Insurance Company
- Security Mutual Life Insurance Co of NY
- Security National Life Insurance Company
- Sentinel Security Life Insurance Company
- Sentry Life Insurance Company
- SILAC Insurance Company
- Sons of Norway (Fraternal)
- Standard Life and Accident Insurance Co
- Starmount Life Insurance Co.
- S.USA Life Insurance Company, Inc.
- Symetra Life Insurance Company
- Thrivent Financial for Lutherans
- Tier One Insurance Company
- Transamerica Life Insurance Company
- Trinity Life Insurance Company
- The Union Labor Life Insurance Company
- United Farm Family Life Insurance Co
- United Heritage Life Insurance Company
- United Home Life Insurance Company
- United of Omaha Life Insurance Company
- United States Life Ins in the City of NY
- William Penn Life Insurance Co of NY
- Woman's Life Insurance Society
Life Insurance Company Ratings for 2025
The following table compares the financial strength ratings from A.M. Best and COMDEX scores (when avail) for dozens of industry-leading life insurance providers. In addition to shopping by price, we recommend using the highest-rated companies for financial strength as a search filter when shopping insurance companies (A.M. Best rating A, A+ or A++ and a COMDEX score of 80+). Filtering your quote search using a combination of best financial strength rating and pricing will quickly narrow down your shopping universe to just a few life insurers.
Company ratings as of 01/25 or most recent available and are provided for illustrative purposes only. Please call us at (214) 997-4810 for updated information.
Pre-existing Health Issues
If you’re in excellent health overall, have a favorable family health history, see your primary care doctor regularly, and don’t have a hazardous occupation or hobby, you’ll likely qualify for the top rate class with many life insurance carriers. However, if you’re like most people with a minor health issue or lifestyle risk, applying with the “right” company could save you a lot of money and help avoid derogatory “decline” decisions from being reported on your record.
Who are the Best Life Insurance Companies for Pre-Existing Health Issues?
Every life insurance company sets their own guidelines to evaluate an individual’s risk and determine their life insurance rates. For example, some life insurance companies tend to be more lenient with cardiovascular-related issues, while others offer more flexibility with issues like diabetes.
Our agency specializes in matching people with pre-existing conditions with the best life insurance companies and policies available in the marketplace. We are also experts at finding affordable options for anyone that are considered to be a high-risk for life insurance coverage.
If you have ever been treated or diagnosed with one or more of the health issues listed below or have a condition not listed, please give us a call at (214) 997-4810 to speak with one of our experts. In just a few minutes we can compare rates and policies from the best insurance providers given your specific pre-existing health condition(s).
Life Insurance Risk Classes Explained
The best life insurance companies have several health rating classes. Although the exact names differ from one company to the next, you can expect to find some generic categories:
- Super preferred nonsmoker: Applicants in excellent health who haven’t smoked or used nicotine or nicotine substitutes for at least five years may land in this category and get the best possible rates. You’ll need to show you’re at a normal weight for your height, with normal blood pressure and cholesterol readings and a clean medical history. Generally, there can be no death due to heart disease or cancer of a parent or sibling before age 60. Your driving record counts, too. You probably won’t make it into the top class if you’ve had a DUI conviction within the past five years. You also will be disqualified if your license has been suspended or if you’ve had more than two moving violations or accidents within the past three years.
- Preferred nonsmoker: The second-best category is also associated with excellent health, although you will get a little more leeway on blood pressure, cholesterol and weight. With some insurers, smoking the occasional cigar won’t disqualify you from preferred nonsmoker rates, as long as the results from your nicotine test are negative. A premature death of a parent or sibling from cancer or heart disease typically isn’t acceptable. You don’t have to look like a fitness model to qualify for these favorable rates, either. For example, A 5-foot-10-inch man can weigh 129 to 219 pounds, and a 5-foot-5-inch woman can weigh 112 to 189 pounds to qualify for “preferred” rates with AIG, according to Quotacy, an online life insurance brokerage.
- Standard plus nonsmoker: This category is for nonsmokers who are generally in good health but don’t quite make the preferred category. Treatment for high blood pressure may be acceptable, for instance, as long as readings are in a normal range.
- Standard nonsmoker: The average person falls into this category. Being overweight or being treated for elevated blood pressure may be acceptable, as would the death of one parent or sibling before age 60 from heart disease or cancer.
- Preferred smoker: This category is for smokers who otherwise would qualify for preferred rates. If you have recently quit smoking, you still may get smoker rates. Typically you must be a nonsmoker for at least five years to qualify for the best nonsmoking rates, at least three years for the second-best rates and one year for standard nonsmoker rates.
- Standard smoker: This is for smokers who otherwise would fall into the standard nonsmoker category.
Missing The 'Standard' Cut
If you’re an average person with a normal life expectancy, you’ll probably qualify for standard rates. However, some people may not qualify for standard rates because of health conditions such as diabetes but will still be eligible for coverage. In cases like this, the insurance company assigns a “table rating.” Some companies use numbers, such as 1, 2 and 3, and some use letters, such as A, B and C. Each higher table rating typically adds another 25% to the standard rate. Thus a table rating of C means a standard rate plus 75%.
Sometimes an insurer might attach a temporary extra charge, known as a “flat extra.” A cancer survivor, for instance, might qualify for standard rates plus a $5 flat extra per $1,000 of coverage for five years. On a $500,000 policy, that would mean an extra $2,500 a year in addition to the standard rate for the first five years.
If you don’t qualify for a low rate, you can ask the insurance company for the reason behind its decision. In some cases, the insurer may not have all the information it needed — and if you can provide it, the company will typically reconsider your rate.
Will insurers look at my finances?
Financial underwriting is often overlooked but it can affect how much insurance you qualify for as well as your rate. Insurance companies will consider your income and assets to determine whether the amount of coverage you’ve applied for is justified. They will factor in the value of any other life insurance policies you already have, and let you know how much coverage you may qualify for based on your finances and existing insurance. Your credit score won’t affect your life insurance rates, but the insurer will look at the past seven years of your credit history. If you have a bankruptcy on your record, you may be deemed “riskier” to insure and may end up being charged a higher premium.
Get your FREE AI generated 5-minute Financial Plan here!
How To Get Better Life Insurance Rates
You can’t control some factors such as your family medical history, but you can make other changes to get more affordable life insurance.
- “Laddering” your coverage means purchasing multiple term life insurance policies with different coverage periods that match the timing of your financial obligations instead of one, expensive long-term policy. If suitable for you, a cost-efficient laddered approach can significantly reduce your overall insurance costs as shown on our home page (link to it here?).(Request your personalized Life Ladder here)
- Quitting tobacco use can be a lot easier said than done, but kicking the habit is a certain way to get cheaper coverage. Tobacco users typically pay at least two to three times what nonsmokers pay for life insurance. You’ll need to abstain from tobacco for at least a year to qualify for nonsmoker rates at most companies.
- Losing weight and not being significantly overweight or obese can also help you qualify for better rates. You can typically get life insurance if you’re overweight, but improving your blood pressure and cholesterol readings along with losing excess weight can potentially reduce the premium you’re offered.
- Shopping around is essential because each company has its own life insurance underwriting criteria, so rates can vary widely. This means you might qualify as a “”preferred nonsmoker” at a cheaper rate with one company and a more expensive “standard nonsmoker” with another, less lenient company. Our agency does the shopping for you at no charge.
Our independent agency will help you quickly navigate the rates and health underwriting guidelines for over 100 insurers. This is especially important if you’re applying for life insurance with a pre-existing health condition(s), such as a history of cancer. Risk factors can make it harder to qualify for the lowest rates, so given your specific risk and health profile we shop the most appropriate insurance companies to find you the best rate and value available in the life insurance marketplace.
We’re Here to Help You Secure Your Future
At Life Insurance Rate Shop, we understand that choosing the right life insurance policy can feel overwhelming. With our decades of life insurance industry experience, we’ve made it our mission to simplify the process and help you find the best coverage at the most competitive rates..
Whether you have questions about the most cost-efficient life insurance strategies, need assistance comparing quotes or selecting the right policy for your needs, our dedicated team is ready to assist.
About Us
Douglas Grushey - Agency Owner
I’m a highly experienced Financial Services professional having
assisted clients for over three decades with life and health
insurance, retirement planning, estate planning and Long-Term
Care.
LifeInsuranceRateShop.com is an “independent” agency
meaning we act as your advocate by shopping 100+ major life
insurance companies at no additional cost to you. We guarantee
you won’t pay a penny more than if you tried doing all the
required due diligence work on your own and went directly to
the insurance companies. Let us do the research for free while
leveraging our decades of experience, education, and industry-
leading software tools to find the best life insurance match for
you.
Education
B.B.A./Finance – University of Oklahoma
Executive Certified Financial Planner Program® – Southern Methodist University
Executive Certified Financial Planner Program® – Southern Methodist University
Licensing
TX Home state General Lines Agncy/Agnt 12/31/2026 NPN 399096. Non-res states AL, AZ, CO, FL, GA, MI, MS, NC, NM, OK & SC.
Doug Grushey
Shop Term Insurance Rates from over 100 top insurance companies at-a-glance so you can easily identify the best coverage at the lowest price!!
Contact
- (214) 997-4810
- Help@insurancerateshop.com
- Life Insurance Rate Shop 5015 Addison Circle #1107 Addison, TX 75001