Tempe, AZ -- (SBWIRE) -- 05/17/2012 -- When planning for the future, most people spend a lot of time preparing for their retirement and thinking about how much money they need to save in order to maintain their lifestyles. However, many people overlook the importance of having a financial plan in place to help safeguard the loved ones they will leave behind.
In fact, it is estimated approximately 70 million adults in the U.S. do not carry any form of life insurance protection.
This deficit of life insurance could potentially put an large number of family members, business partners and friends in devastating financial situations.
But considering the variety of policy types and large number of available life insurance providers, it can be difficult to know where to begin the search.
Fortunately, the newly launched life insurance comparison website http://lifeinsuranceresearcher.com/ makes it easy for Americans to quickly find their best-suited life insurance policies and providers. People can simply enter their zip code and the site will provide them with a list of the top-rated life insurance providers in their area. LifeInsuranceResearcher.com also features a wide range of information on the latest life insurance laws by state and provides visitors with a host of insightful articles, sure to make the process easier.
For those people just beginning their research, the new site helps answer the question, “What is life insurance?” It also offers an array of ways in which the proceeds from a life insurance can be used.
According to the site, “The proceeds from a life insurance policy can assist survivors in continuing their current lifestyle following the loss of the insured – without the need to make drastic changes. For instance, the policy funds may be used for paying off large amounts of debt such as a mortgage or car loan, as well as to pay ongoing living expenses.”
Life insurance proceeds can also be used to help pay for funeral expenses, which on average can cost more than $10,000.
The site also helps explain the differences between the policy types available, including term life insurance coverage and permanent life insurance coverage options, such as whole life insurance, universal life insurance and variable life insurance.
For more information, visit http://lifeinsuranceresearcher.com/
Recently launched, LifeInsuranceResearcher.com is an extensive resource of information for life insurance. The site allows visitors to quickly compare the top-rated life insurance providers in their area by simply entering their zip code. It also provides a host of detailed information about the latest life insurance laws, policies and opportunities throughout the U.S.