It can help cover some of life’s biggest expenses, like a home mortgage, debt, your children’s college tuition, and it can also replace lost income. Your policy can also help cover everyday expenses—anything your beneficiaries need, really. Ultimately, it’s up to them to decide how to use the payout. Click here to find your best life insurance rates.

Age: All U.S. citizens and permanent residents ages of 20-85 can apply for coverage. If you’re 65 and under, you can own term coverage until age 80. If you are over 65, a guaranteed issue whole life insurance policy might be an easy way for you to get coverage quickly. You can start shopping here.

A common and easy way to come up with a coverage estimate is to multiply your annual income by 10. Another way is to calculate your long-term financial obligations and then subtract your assets. The remainder is the gap that life insurance needs to fill. It can be difficult to know what to include in your calculations, so we created a life insurance calculator to help you determine your coverage needs.

We’ve built an industry-leading product that is transforming how people apply for life insurance. Our proprietary underwriting engine digitally assigns each customer to the appropriate product so applicants can get the coverage that best fits their unique needs as fast as possible. Check your final, approved rates in a matter of minutes and get covered today.

Insurance rates are regulated by law, which means that no company, broker, or agent can offer you a discount on a policy. That doesn't mean you can't find ways to save money, though! Each insurer calculates risk differently, and they all strive to offer policies at competitive prices. That's why SmartPolicyGeeks helps you compare quotes from multiple companies in one place: to make it easy to spot potential savings.