Term life insurance coverage is widely purchased by both families as well as businesses due to a large amount of coverage that can be purchased at such affordable prices.
If you qualify, you could purchase a term life insurance policy into the high millions. However, not everyone needs a million dollar life insurance policy or even a $100,000 policy.
Many of our online customers are just looking for a simple $25,000 in term life insurance coverage.
In this article, we are going to discuss the $25,000 term life insurance coverage option and why this death benefit can be helpful to you for your life insurance needs.
We will also discuss the top life insurance companies that offer $25,000 term life insurance coverage and the requirements needed to apply and qualify.
Life Insurance Companies that offer $25,000 of Term Life Insurance Coverage
$25,000 term life insurance coverage may seem like an amount of coverage that every life insurance company may have, but you’d be surprised that there are only a few companies that offer this popular amount.
Most life insurance companies generally only offer a minimum of either $50,000 or $100,000 for term life insurance coverage. If you are considering $25,000 of term life insurance, consider one of the following term life insurance companies offered with Top Quote Life Insurance.
Cincinnati Life Insurance
Cincinnati Life Insurance is our first life insurance company that offers $25,000 of term life insurance coverage at very competitive rates.
Their term life insurance coverage is called TermSetter and is available without a medical exam if you require coverage less than $99,999 and are between the ages of 0-60. For those who are between the ages of 61-75, you will be required to take a urinalysis.
Cincinnati Life offers term life insurance coverage in fixed premium lengths of 10, 15, 20 & 30 years. It should also be noted that Cincinnati Life Insurance also offers the return of premium feature at $25,000.
This makes them one of the only life insurance companies where you can get a return of premium term life insurance policy with a coverage amount less than $100,000.
All Cincinnati term life insurance policies come with a free accelerated death benefit rider that allows you to accelerate up to 50% of your death benefit for any qualifying terminal illness or confinement to a nursing home.
A.M. Best rating of (A)
Fidelity Life Insurance
Fidelity Life Insurance is our second life insurance company that offers $25,000 of term life insurance coverage. If you need life insurance fast, then Fidelity may be the company for you.
Their term life insurance coverage is called Rapid Decision Express and if you qualify, you can get a term life insurance policy in as little as a couple of days.
If you are between the ages of 18-65, Fidelity offers no medical exam underwriting when applying for coverage amounts between $25,000 up to $300,000.
We would also like to note that Fidelity is one of the very few life insurance companies that offer a 5-year term life length along with 10, 15, 20 and 30 years.
A.M. Best Rating of (A-)
Transamerica Life Insurance
Transamerica is our third life insurance company that offers $25,000 of term life insurance coverage. Transamerica offers two types of term life insurance policies in which you can purchase $25,000 of term life insurance coverage.
Trendsetter is Transamerica’s regular term life insurance that allows you to purchase $25,000 up to $99,999 without a medical exam if you are between the ages of 18-70.
Transamerica also has a second type of term life insurance coverage called Trendsetter Living Benefits.
Living Benefits is one of Top Quote Life Insurance’s most popular term life insurance products, as it has three built-in policy riders called critical, chronic and terminal illnesses.
These riders allow you to accelerate a portion of your death benefit if you become ill with a critical, chronic or terminal illness.
If you are between the ages of 18-60 you may qualify to purchase coverage from $25,000 up to $249,999 without a medical exam. Coverage comes in fixed premium lengths of 10, 15, 20, 25 and 30 years.
A.M. Best Rating of (A+)
Mutual of Omaha
Mutual of Omaha is our fourth and final life insurance company that offers $25,000 of term life insurance coverage.
Mutual of Omaha’s Term Express allows for you to purchase $25,000 up to $400,000, in term life insurance coverage, without needing a medical exam.
Mutual of Omaha’s Term Express is available in fixed-term lengths of 15, 20 and 30 years. They also include a unique policy feature on their term policy called the “Residential Damage Rider”.
This rider waives premiums from 1-6 months if your primary residence sustains damage in the amount of $25,000 or greater.
Term Express also has several optional policy riders that you can purchase at an additional cost such as the unemployment provision, a common carrier death benefit provision, and a disability income rider.
A.M. Best Rating of (A+)
Common Reasons for Purchasing $25,000 of Term Life Insurance Coverage
A death benefit like $25,000 may seem like a small amount to have for life insurance coverage but it does have many uses.
Most $25,000 term life insurance coverage options are simplified issues, meaning you will not be required to take a medical exam making them a popular choice for coverage.
The following are just a few reasons why our customers choose to purchase $25,000 of term life insurance coverage.
DEBT REPLACEMENT – Debt replacement is a big concern when losing a loved one. $25,000 in term life insurance coverage can provide income to pay final expenses.
INCOME REPLACEMENT – $25,000 can provide the income for a loved one to continue their lifestyle.
SMALL LOANS – Life insurance for bank loans are generally required by a bank if you require a loan. We have assisted in these types of policies for several customers and can range anywhere from $25,000 up to the millions depending on the size of the loan.
Quotes for Getting $25,000 of Term Life Insurance Coverage
The absolute best way to get a quote for $25,000 of term life insurance coverage is to give us a call 888-777-7574 and have us shop your life insurance with our top life insurance carriers.
You also can get instant comparison quotes by using the quote form located here on this page. When you enter your information in the quote form you will instantly receive several comparison quotes.
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