Wheeling, IL (PressExposure) December 28, 2009 -- AccuQuote, a leader in providing term life insurance quotes to people across the United States, debunks common myths about life insurance.

“Unfortunately, there are too many misconceptions about life insurance that may prevent you from obtaining one of the most important types of protection for your family,” says Byron Udell, founder and CEO of AccuQuote. “The truth is that many of the most common myths about life insurance are just that – myths.”

When shopping for life insurance coverage, it’s important to identify fact vs. fiction. Udell reveals the most common myths about life insurance and provides evidence of their falsity:

• Only healthy people can obtain coverage – Many life insurance companies will accommodate consumers with less than adequate health to ensure that their loved ones are protected should something devastating happen. “Although you may pay a slightly higher premium than someone who is in perfect health, affordable coverage is still easy to find,” says Udell. “Purchasing a policy through a multi-carrier life insurance brokerage firm, like AccuQuote, is the best option if you’re not in prefect health. Why? They will compare rates among top-rated life insurance companies to determine the best price based on your individual health.”
• All life insurance policies are the same – Everybody’s life insurance policy is designed to be different because everybody’s circumstances are different. “Don’t assume that your policy offers the same benefits as your neighbor’s,” says Udell. “Be sure to thoroughly read your life insurance policy contract in order to understand the terms of your coverage.”
• Only the breadwinner needs life insurance – “It’s a common misconception that only the breadwinner of the family needs life insurance,” says Udell. “For example, stay at home parents are responsible for numerous daily tasks that would otherwise cost families thousands of dollars extra a month. An inexpensive term life insurance policy can help pay for these services if the stay at home parent is no longer around.”
• Obtaining life insurance is a difficult process – “The truth is that obtaining life insurance has never been easier,” says Udell. “With the internet, it’s easy to compare life insurance rates in a matter of minutes. Sites, like AccuQuote, can provide you with instant online quotes, from top-rated life insurance companies – leaving you with a hassle-free experience.”

“Keep in mind that life insurance is one of the best ways to protect your family financially if something devastating were to happen. So before believing the myths trust the facts,” says Udell.

About AccuQuote

AccuQuote helps consumers find the best values in term life insurance by combining instant online quotes with the personal service of unbiased life insurance professionals that can help answer questions, identify important issues, and make meaningful recommendations. The company offers consumers an extensive selection of life insurance options, including term life, whole life, and universal life, as well as selected annuities. The website has many handy insurance tools, including a life insurance needs calculator to help you figure out how much to buy, a glossary that explains industry terminology, a collection of articles that cover the basics about life insurance, and a blog which answer many questions about life insurance. For additional information or to get quotes for cheap life insurance, please call 1-800-442-9899.

Press Release Source: http://PressExposure.com/PR/AccuQuote.html