Life Insurance
That Works for You
From final expense to wealth-building IUL, we shop 25+ top-rated carriers to find the right coverage for your family and your budget.
Our Coverage Options
Find the Right Life Insurance for You
Every family is different. Explore the coverage types below to learn which fits your situation, or talk to a specialist who will walk you through it.
Final Expense Insurance
Whole life coverage from $5,000 to $50,000 to cover funeral costs, medical bills, and end-of-life expenses. Rates are locked for life.
Mortgage Protection
Pays off your mortgage if something happens to you so your family stays in their home. Coverage matches your mortgage balance.
Term Life Insurance
Affordable coverage for a set period. Best for families who need maximum protection at the lowest monthly cost.
Whole Life Insurance
Permanent coverage that never expires. Builds tax-deferred cash value you can borrow against. Premiums are locked in for life.
Indexed Universal Life (IUL)
Flexible permanent coverage with tax-free growth linked to market indexes. Includes a floor so you never lose money in a down market.
Annuities
Converts your savings into guaranteed monthly income you cannot outlive. Tax-deferred growth with principal protection.
The Basics
What Is Life Insurance?
Life insurance is a contract between you and an insurance company. You pay a monthly or annual premium, and in return the company pays a tax-free death benefit to your chosen beneficiary when you pass away. That benefit can be used for anything: mortgage payments, living expenses, college tuition, debt payoff, or funeral costs.
There are two main categories: term life insurance, which covers you for a set number of years, and permanent life insurance, which covers you for your entire life and may build cash value over time.
Simple Process
How Life Insurance Works
You apply, get approved (many plans same day), and your family is protected. When a claim is filed, the carrier pays out tax-free, usually within 30 days.
Tell Us About Yourself
A quick conversation about your coverage needs, health, and budget. Takes about 5 minutes.
We Shop 25+ Carriers
We compare rates across top-rated carriers to find the best option for your specific situation.
Get Covered Fast
Same-day quotes. Many plans offer coverage in as little as 24 hours. No paperwork hassle.
Not sure where to start?
Our licensed specialists will help you compare options at no cost and no obligation.
Side-by-Side
Compare Life Insurance Types
Each type of life insurance serves a different need. Here is how they compare at a glance:
| Feature | Final Expense | Mortgage Protection | Term Life | Whole Life | IUL |
|---|---|---|---|---|---|
| Coverage Range | $5K - $50K | Matches mortgage | $50K - $10M+ | $10K - $500K+ | $50K - $5M+ |
| Duration | Lifetime | Matches mortgage term | 10 - 30 years | Lifetime | Lifetime |
| Medical Exam | Not required | Usually not | Varies | Varies | Usually required |
| Cash Value | Small | No | No | Yes | Yes (market-linked) |
| Best For | Seniors 45-85 | Homeowners | Young families | Legacy planning | Wealth building |
| Monthly Cost | $30 - $70 | $30 - $100 | $15 - $120 | $50 - $300+ | $100 - $500+ |
Costs are general estimates. Your actual rate depends on age, health, and coverage amount.
Simplified Coverage
No-Exam Life Insurance Options
Many life insurance applicants are surprised to learn that a medical exam is not always required. Several types of policies offer guaranteed or simplified issue underwriting, meaning you can get covered without a doctor's visit or blood draw.
No-exam options include: final expense whole life (most plans), some mortgage protection policies, and select term life products for applicants under 60 with good health. With no-exam products, same-day approval is common and coverage can start within 24 hours.
Pricing
Life Insurance Costs by Age
The cost of life insurance depends on your age, health, coverage amount, and policy type. The table below shows average monthly costs for a healthy non-smoker purchasing a $250,000 term life policy:
| Age Range | Male avg/mo | Female avg/mo | With Health Conditions |
|---|---|---|---|
| 20s | $15 to $30 | $12 to $25 | $25 to $50 |
| 30s | $20 to $45 | $17 to $38 | $35 to $70 |
| 40s | $35 to $75 | $28 to $60 | $55 to $110 |
| 50s | $55 to $120 | $42 to $95 | $80 to $160 |
| 60s | $90 to $200 | $70 to $160 | $130 to $280 |
| 70s | $150 to $350 | $120 to $280 | $200 to $450 |
Rates shown are estimates for non-smokers. Actual rates vary by carrier, coverage amount, and individual health. Contact Asurgo for an exact quote.
Want to know how much coverage costs? See our complete cost guide by age and coverage type.
Your exact rate takes 5 minutes to find.
We compare 25+ carriers so you get the lowest available rate for your age and health.
Decision Guide
How to Choose the Right Policy
Choosing the right policy depends on three questions: what are you trying to protect, how long do you need coverage, and what can you comfortably afford each month?
Final Expense or Whole Life
If you are primarily concerned with covering funeral and burial expenses, final expense insurance is likely your best fit. Simple, affordable, no medical exam.
Mortgage Protection or Term Life
If you have a mortgage and dependents relying on your income, term life or mortgage protection will give you the most coverage for the lowest cost.
IUL or Annuities
If you are looking at life insurance as part of a long-term wealth and retirement strategy, IUL or annuities may be worth exploring with a specialist.
The best way to find the right policy is to speak with an independent broker who can compare options across multiple carriers without any pressure to sell you a specific product.
Why Asurgo
An Independent Broker on Your Side
We work for you, not for any single insurance company. When you call Asurgo, we compare rates from 25+ top-rated carriers to find the policy that fits your health situation and budget.
Common Questions
Frequently Asked Questions
What is the difference between term and whole life insurance?
Term life covers you for a set period (10 to 30 years) at a lower cost. Whole life covers you permanently and builds cash value but costs more. The right choice depends on your goals.
How much life insurance do I need?
A common rule is 10 to 12 times your annual income, plus any outstanding debts. For final expense coverage, most families choose $10,000 to $25,000 to cover funeral and burial costs.
Do I need a medical exam to get life insurance?
Not always. Final expense insurance, some mortgage protection plans, and select term products offer no-exam options. Larger policies typically require underwriting.
How fast can I get life insurance?
With no-exam products, same-day approval is common. Traditional underwritten policies typically take 2 to 6 weeks.
Can I get life insurance if I have pre-existing health conditions?
Yes, in most cases. Asurgo works with carriers who specialize in coverage for people with health conditions. Rates may be higher, but coverage is usually available.
Is life insurance taxable?
The death benefit paid to your beneficiary is generally income-tax-free. Cash value growth and policy loans are typically tax-advantaged as well.
What happens if I miss a premium payment?
Most policies have a grace period of 30 to 31 days. Some permanent policies can use cash value to cover premiums. Contact us if you are at risk of lapsing.
Can I have multiple life insurance policies?
Yes. Many people hold more than one policy to cover different needs, such as a term policy for income replacement and a final expense policy for burial costs.
What is the best age to buy life insurance?
The younger and healthier you are, the lower your rate. Buying in your 30s or 40s typically offers the best combination of affordability and long-term protection.
What is a beneficiary and how do I choose one?
Your beneficiary is the person or entity who receives the death benefit when you pass away. You can name anyone: a spouse, child, trust, or charity. You can update your beneficiary at any time.
What carriers does Asurgo work with?
We work with 25+ top-rated carriers including Mutual of Omaha, Transamerica, Aetna, American Equity, North American, and others. We shop all of them to find your best rate.
Is life insurance worth it?
For most families, yes. The cost of a basic policy is typically less per month than a streaming subscription, while providing financial security for your loved ones.
How do I get started?
Call us at (855) 380-9555 or fill out the quote form below. One of our licensed specialists will reach out to discuss your options. No pressure, no obligation.
Find Your Best Life Insurance Rate
Answer a few quick questions and a licensed specialist will compare rates from 25+ carriers for you.