Minnesota Life Insurance
Purchasing a life insurance policy may be the most important decision you make. If you are looking for the best value in Minnesota Life insurance policies, AccuQuote.com can help you compare prices, features and financial strength of hundreds of reputed Minnesota Life insurance companies. For nearly 25 years we have consistently delivered the best values to hundreds of thousands of people providing a variety of life insurance products.
Why Do I Need Minnesota Life Insurance? Here are some quick facts
Minnesota is ranked the 21st highest populated state in the US. Life Expectancy of Minnesota residents is 78.8 years. For every 100,000 people in Minnesota, the death rate is
|Age Range||# of Approx. Deaths Every Year|
|Between the ages of 55 and 64||700|
|Between the ages of 65 and 74||1700+|
|Between the ages of 75 and 84||5000|
These figures tell us why we should secure our life by purchasing Minnesota Term Life Insurance.
Benefits of Minnesota Life Insurance
The State Insurance Code of Minnesota regulates the life insurance industry in the state. The code safeguards the interests of anyone purchasing Minnesota Life Insurance Policy through provisions such as:
Processing of Death Benefits: All Minnesota Life Insurance companies are required to settle death claims in a timely manner. Minnesota life insurance companies must pay interest on death benefits from the date a claim has been made to the date it has been settled. If death benefits are not paid within 2 months, the rate of interest will increase.
Grace Period: Minnesota Life Insurance companies must provide a 30-day grace period to insurance holders who miss a payment before canceling their policy.
Minnesota Life insurance companies are protected by state regulations and have the right to contest any information that a consumer puts on the application for up to two years from the effective date of the policy. If there is any discrepancy or if any information has been withheld, the policy can be immediately terminated.
Start Now! Request a Quote from Minnesota Term Life Insurance Providers at AccuQuote!
Give AccuQuote a call today at 800-442-9899, and let us help you quickly and easily find the best Minnesota term life insurance rates without ever leaving your home or office. Or, fill out our free life insurance quote request form.