Million Dollar Life Insurance Quotes

You’ve come to the right place if you’re in the market for a million-dollar life insurance policy.

Our innovative technology instantly scans hundreds of term and permanent life insurance policies.

You can quickly compare affordable life insurance quotes from top-rated carriers in just minutes.

Term Insurance: You should consider term insurance if you desire a high death benefit at an affordable cost. The premiums and death benefits are guaranteed for 10 to 40 years.
Permanent Insurance: Prefer lifelong coverage? Our permanent policies feature guaranteed lifetime premiums and death benefits that build cash value over time.
No Exam: Looking for coverage in a hurry? We provide affordable, no-exam options that make it simple and efficient to secure the protection you need.

Affordable Life USA puts you in control of your insurance experience. Our life insurance calculator allows you to take charge of your journey!

Simply enter a few details, and our calculator will provide immediate rates, making it easy to compare plans before discussing your options with a knowledgeable agent.

Purchasing a million-dollar life insurance policy is easier than you might think. From the moment you contact us, we handle the entire process from start to finish, ensuring it is smooth and stress-free.

You won’t have to worry about tracking the status of your application, as we keep you informed throughout the process.

Based on your specific coverage needs and health status, we’ll recommend either a no-exam policy or a policy that requires a brief medical exam.

No-Exam Coverage: If you’re in good health, you may qualify for a million dollars or more in coverage without undergoing a medical exam. This streamlined process lets you get the protection you need quickly.

Medical Exam Coverage: If you’re seeking a larger death benefit or want more options, a short medical exam might be required. The exam is straightforward and often results in better pricing and access to higher coverage limits.

If you want expert guidance and access to industry-leading rates, we’re here to help you secure the protection you deserve at the best available price.

The life insurance companies we work with consistently earn high marks for financial strength and customer satisfaction from trusted organizations such as the BBB, A.M. Best, and J.D. Power.

John Hancock

Prudential

Protective

Lincoln Financial

Corebridge

Nationwide

SBLI

Penn Mutual

Pacific Life

BannerLife

MassMutual

Transamerica

Principal

North American

United of Omaha

For nearly forty years, Affordable Life USA has been a reliable provider of life insurance for thousands of satisfied families and business owners throughout the United States.

We have been featured in prominent publications, including Time, Newsweek, U.S. News & World Report, and The Wall Street Journal.

The agency was founded by Eric Van Haaften shortly after he graduated from Ferris State University with a degree in Business Management and Statistics.

Eric has qualified for the Million Dollar Round Table and holds the LUTCF designation from the National Association of Insurance and Financial Advisors.

FAQs: Million Dollar Life Insurance

Is a million-dollar term life insurance policy appropriate for my needs? Aim for coverage 7 to 10 times your annual income when determining if you need a million-dollar policy. Also, factor in any existing debts, such as mortgages, student loans, or business loans, that may affect your financial needs.

Will my beneficiaries have to pay taxes on the million-dollar payout? Usually, life insurance death benefits are paid out tax-free. But if the payout causes your estate to exceed federal or state estate tax thresholds, there could be estate taxes to consider.

Can I name a trust or a charity as my beneficiary? Absolutely. Many people use life insurance to fund trusts, support a favorite charity, or provide for special needs dependents. Just make sure you work with a legal expert to set things up properly.

Is it possible to “ladder” several life insurance policies? Many save money by buying two policies with different durations, such as $1,000,000 for 10 years and another for 20 years. This provides more coverage when financial needs are highest and less as those needs decrease.

Can I increase my coverage after buying a policy? Some policies allow you to increase coverage later without underwriting after significant life events, like marriage or childbirth. Otherwise, you’ll need to apply for additional coverage, which involves a health reassessment.

Can I get a policy if I have a pre-existing condition? Sure, but it might be more expensive, and we might have to shop around for a company that will cover your specific condition. Some insurers are more lenient than others about health issues.