Guide
Term vs. permanent life insurance
What each kind is for, what it costs, and why most families start with term.
Term life delivers a fixed amount if you pass away within the chosen period (10, 15, 20, 25, or 30 years), with premiums that stay the same throughout. When the term runs out, the policy ends or renews at substantially higher rates. It's the most budget-friendly way to get a significant death benefit during your family's peak need years.
Income years. Most financial advisors suggest covering 10 to 20 years of earnings; the exact timeframe depends on how many years your dependents would benefit from support. Families in Palo Alto with young children often select a longer period since costs for child care, housing, and education tend to peak at the same time.
How to choose
Real monthly rates from carriers, with the lowest amounts listed first. Each quote shows whether a medical exam is necessary, possibly necessary, or unnecessary.
What people in Palo Alto often do
© Susman Insurance Agency. Rates shown are estimates meant for educational purposes only and should not be interpreted as an insurance offer. Each policy's actual coverage, pricing and availability depend on the carrier, your state, your answers to health questions and final underwriting approval.