Enter your ZIP code:

Oklahoma Life Insurance

Purchasing an Oklahoma life insurance policy is one of the most important steps you can take to protect your family in the event if your death.

InsureMe is here to help you take that step by providing you with up to five free quotes from agents in your area. By comparing rates, you will be able choose the right Oklahoma life insurance for you.



Understanding Oklahoma Life Insurance


What is Oklahoma life insurance?

Oklahoma life insurance is sold by insurance companies to provide financial support for your dependants in the event of your death.

How much life insurance do I need?

Unfortunately, there is no magic formula to determine how much Oklahoma life you need. In order to come up with a ballpark figure, you will want to consider how much money is needed for the following:

Income Replacement—Your Oklahoma life insurance will help to replenish the funds which may be lost if you die. It can also compensate for lost benefits, or be put towards retirement savings for the surviving spouse.

Pay off Debts and Long Term Obligations—Your Oklahoma life insurance will help pay last expenses such as funeral and burial costs, estate tax and unpaid medical bills. You can also use your Oklahoma life insurance to pay of a mortgage or fund college tuition.

Charitable Contributions—You may also choose to donate the proceeds from your Oklahoma life insurance policy to a favorite charity or organization. Or, you may wish to set up a specialty foundation with the assets.

Once you have determined your needs, you will want to figure out what assets you already have to put toward those needs. Such assets could include cash, savings, Social Security and pension.

When you have determined your assets, you will want to subtract that amount from your total expenses. This will give you an estimate of how much Oklahoma life insurance you need to protect your family.

What kind of Oklahoma life insurance should I buy?

The most common types of Oklahoma life insurance are term and whole life insurance.

Term Life Insurance

Quite simply, term life insurance provides coverage for a specific period of time, or "term".  Terms generally last anywhere from 1 to 30 years and must be renewed. Term life is the most popular form of Oklahoma life insurance because it is beneficial for covering expenses that will be alleviated with time such as a car or school loan.

It is important to understand that term life insurance does not build cash value and only pays a death benefit if the insured dies during the specified term.

Whole Life Insurance

Whole life policies are also a good choice for Oklahoma life insurance because they offer you lifelong protection. As long as you continue to pay the premiums, you will remain covered under the whole life policy.

Whole life policies are primarily characterized by cash values and dividends. If your Oklahoma whole life insurance builds cash value, you may borrow against it as you like. However, if you do not pay back what you have borrowed, your beneficiaries will receive a reduced death benefit.

It is important that you understand the facets of both forms of life insurance to make the right choice for your family. Be sure to direct any and all questions to your Oklahoma life insurance agent before purchasing a policy.

What if I buy an Oklahoma life insurance policy and decide I don't want it?

Most life insurance companies adopt a "free look" policy. The "free look" policy gives you the right to return your Oklahoma life insurance for a full refund if you so choose. Most "free look" periods last for 10 days, starting from the day you received your policy by mail.

What if I still have questions?

For more questions on Oklahoma life insurance, contact the Oklahoma Department of Insurance in Oklahoma City at (800) 522-0071, or in Tulsa at (800) 728-2906.

Plan for the Future Today.

Life is unpredictable. Protect yourself accordingly. Enter your information to the right and receive up to five free Oklahoma life insurance quotes today.


Free Car Insurance Quotes!  
Free Home Insurance Quotes!   
Free Health Insurance Quotes!   
Free Life Insurance Quotes!   
List of Articles
No. Subject Author Views
52 Wyoming Life Insurance youcomparequotes 4411
51 Wisconsin Life Insurance youcomparequotes 4582
50 West Virginia Life Insurance youcomparequotes 4311
49 Washington, D.C. Life Insurance youcomparequotes 4086
48 Washington Life Insurance youcomparequotes 4254
47 Virginia Life Insurance youcomparequotes 4000
46 Vermont Life Insurance youcomparequotes 4095
45 Utah Life Insurance youcomparequotes 4257
44 Texas Life Insurance youcomparequotes 4220
43 Tennessee Life Insurance youcomparequotes 4096
42 South Dakota Life Insurance youcomparequotes 4137
41 South Carolina Life Insurance youcomparequotes 4214
40 Rhode Island Life Insurance youcomparequotes 4004
39 Pennsylvania Life Insurance Quotes youcomparequotes 4506
38 Oregon Life Insurance Quotes youcomparequotes 4078
» Oklahoma Life Insurance youcomparequotes 3967
36 Ohio Life Insurance youcomparequotes 3956
35 North Dakota Life Insurance youcomparequotes 4163
34 North Carolina Life Insurance Quotes youcomparequotes 3922
33 New York Life Insurance youcomparequotes 3951
32 New Mexico Life Insurance youcomparequotes 3794
31 New Jersey Life Insurance youcomparequotes 3777
30 New Hampshire Life Insurance youcomparequotes 3872
29 Nevada Life Insurance youcomparequotes 3781
28 Nebraska Life Insurance youcomparequotes 3715
27 Montana Life Insurance youcomparequotes 3976
26 Missouri Life Insurance youcomparequotes 4000
25 Mississippi Life Insurance youcomparequotes 3632
24 Minnesota Life Insurance youcomparequotes 3992
23 Michigan Life Insurance youcomparequotes 4227
22 Massachusetts Life Insurance youcomparequotes 3874
21 Maryland Life Insurance youcomparequotes 3757
20 Maine Life Insurance youcomparequotes 3638
19 Louisiana Life Insurance youcomparequotes 3561
18 Kentucky Life Insurance youcomparequotes 3691
17 Kansas Life Insurance youcomparequotes 4024
16 Iowa Life Insurance youcomparequotes 3797
15 Indiana Life Insurance youcomparequotes 4026
14 Illinois Life Insurance youcomparequotes 3466
13 Idaho Life Insurance youcomparequotes 3471
12 Hawaii Life Insurance youcomparequotes 3520
11 Georgia Life Insurance Quotes youcomparequotes 3960
10 Florida Life Insurance youcomparequotes 3525
9 Delaware Life Insurance youcomparequotes 3867
8 Connecticut Life Insurance youcomparequotes 3767
7 Colorado Life Insurance youcomparequotes 3582
6 Colorado Life Insurance youcomparequotes 3806
5 California Life Insurance Information youcomparequotes 3382
4 Arkansas Life Insurance youcomparequotes 3416
3 Arizona Life Insurance Quotes youcomparequotes 3834
2 Alaska Life Insurance youcomparequotes 4195
1 Alabama Life Insurance youcomparequotes 3498
XE Login