Public Defender or Private Attorney: Which Should You Use?

“Mr. Beaver, should we hire a private attorney or insist that our son, ‘Tom,’ just ask for a public defender for his possession of a controlled substance charge? He was arrested with several other young men in a car that had illegal drugs in the passenger compartment. 

“We own an automotive and commercial truck parts delivery service.  Tom is 25, works as one of our drivers, and it is my hope that he will take over the business.

“My wife says that he needs to deal with this on his own, and as he can’t afford a private attorney, to ask for a public defender, but he yelled, ‘Public defenders are second-rate lawyers!’

“We succeeded in enabling him to have an entitled attitude, and this scares us. I know that you began your law career as a deputy district attorney, so, what’s your recommendation? Does it really make a difference if he uses a PD? Thanks, Terry.”

Bite the Bullet! The Consequences of a Drug Charge are Real

I ran this often-asked question by Denver-based criminal defense attorney Peter Lloyd Weber. His law practice concentrates on drug transportation and distribution.

“Where a family is facing the dilemma between teaching their kid a lesson and saving money — or biting the bullet and hiring a private attorney — there is really no choice as the collateral consequences of a drug conviction are so great,” he says.

“It can result in his being unable to obtain certain kinds of employment, licenses, may impact his credit rating, make it impossible to join the military, dramatically increase auto and homeowners insurance rates — in short, nothing good comes from a drug conviction.

“Especially where Tom’s parents expect him to take over their delivery business, a drug record is the last thing in the world they should risk.”

A Parade of Defendants Pleading Guilty

I recall as a deputy D.A. the parade of defendants represented by the Public Defender’s office or appointed counsel who, in my opinion based on what I saw, were induced to take plea deals on potentially defensible cases. And it wasn’t because these lawyers were lazy or incompetent.

Rather, it had to do with the economics of time. In fact, many articles have been written — –going back years — sympathetic to what faces these dedicated attorneys who want to help their clients. 

But when you are given a huge caseload and lack adequate time and resources, justice suffers.

Weber agrees.

“This does not mean that public defenders are bad lawyers, far from it,” he says, “But you’ve got to look at the reality of having a PD or appointed counsel as your defense attorney. It often comes down to getting what you pay for.

“Public defenders are government employees and generally, across the country, are significantly underpaid. In fact, some are so badly paid they would qualify for a PD!

“So, it is a perfect storm of the millions of people who can’t afford to hire an attorney for their criminal defense, given a PDs or equally low-paid appointed counsel — all of them juggling massive caseloads.

“Often these lawyers meet with their clients a few minutes before entering a plea. The results are negotiated pleas in almost all of their cases, due primarily to their huge caseload.

“It is common for PDs to plead their clients to years in jail with little more than a brief conversation beforehand. They simply do not have the time, energy and attention necessary to formulate a legal defense that could have prevented or minimized the impact of a conviction,” He maintains.

Advantages of Privately Retained Counsel

There are many advantages in hiring your own lawyer, and a main one is that clients can expect adequate time to be devoted to the case in addition to support staff, including private investigators — typically retired from law enforcement — and technical experts who are able to challenge evidence against their client.  These all cost money, but as Weber observes, “They level the playing field.”

On the nightly news, we see body cam police video. He asks, “Do you think that public defenders or appointed counsel have the time to watch what could be hours of video? Often they do not. A privately retained lawyer will take the time to examine all avenues that help the client.”

Flat Rate or Hourly?

“Stories of defense attorneys being paid thousands of dollars upfront and then just walking their client through a guilty plea are common and are so unfair,” he underscores.

“Don’t let fear interfere with your common sense about the cost of hiring a lawyer. We can only charge reasonable rates, and with that in mind, I recommend that clients strongly consider paying by the hour — on a time-based approach — instead of one large flat fee.”

And what does he like most about his job?

“What I do is more than a job; it is a calling. People phone me every day asking for help. I never charge for phone consultations. When someone contacts a criminal defense attorney, this could be one of the worst times in their lives, and they should be able to talk with a lawyer without worrying if they can pay for that time on the phone.”         

Dennis Beaver Practices law in Bakersfield, Calif., and welcomes comments and questions from readers, which may be faxed to  (661) 323-7993 or e-mailed to [email protected] And be sure to visit www.dennisbeaver.com.

Attorney at Law, Author of “You and the Law”

After attending Loyola University School of Law, H. Dennis Beaver joined California’s Kern County District Attorney’s Office, where he established a Consumer Fraud section. He is in the general practice of law and writes a syndicated newspaper column, “You and the Law.” Through his column he offers readers in need of down-to-earth advice his help free of charge. “I know it sounds corny, but I just love to be able to use my education and experience to help, simply to help. When a reader contacts me, it is a gift.” 

Source: kiplinger.com

The Best Places to Live in Pennsylvania in 2022

  • Pennsylvania is known as the Keystone State for its role in U.S. history
  • The state’s roots are deep in manufacturing, including industries such as coal and steel
  • Living in Pennsylvania gives you access to all the riches of the state, no matter what city you call home

Pennsylvania holds a notable place in the history of this country. Not only did it help shape our formation into the United States, but its roots are deep in the coal, steel and railroad industries. Living in the Keystone State puts you among historic locations that paved the way for the development of so much of this country.

It’s a lofty reputation to hold up, but staying grounded in industry and opportunity has enabled the state to maintain itself as an attractive spot for those looking for employment. With affordable housing across the state, plenty of colleges and universities and a slew of historic landmarks, why wouldn’t you want to call this northern state home?

For all these reasons, the best places to live in Pennsylvania stretch from one side of the state to other. Some cities are easily recognizable, while others you may hear about for the very first time. Regardless, you’ve got plenty of choices when it comes to finding the perfect home in Pennsylvania.

Allentown, PA

Allentown, PA

  • Population: 125,845
  • 1-BR median rent: $1,885
  • 2-BR median rent: $2,027
  • Median home price: $187.750
  • Median household income: $41,167
  • Walk score: 59/100

A rich Dutch history gives Allentown a unique look and feel. Situated on the Lehigh River, this busy city is full of beautiful parks and gardens. It offers up a diverse collection of inhabitants with plenty to do to accommodate any lifestyle. There are plenty of job opportunities and thriving districts for the arts, theater and culture.

A day out and about in Allentown isn’t complete without a walk through the Allentown Art Museum, The Liberty Bell Museum, America On Wheels Museum and more. If the season is right, grab tickets to see the infamous Lehigh Valley IronPigs AAA baseball team go a few innings as well.

Bethel Park, PA

Bethel Park, PA

  • Population: 33,577
  • 1-BR median rent: $975
  • 2-BR median rent: $1,099
  • Median home price: $240,000
  • Median household income: $79,894
  • Walk score: 46/100

A Pittsburgh suburb, Bethel Park combines affordable housing with excellent schools and an abundance of green space. The city’s population is a combination of retirees and young professionals, but it’s also a great place for families. In addition to the parks, you’ll find plenty of bars, coffee shops and retail outlets.

With less than 30 minutes between Pittsburgh and Bethel Park, the town draws in those still commuting in for work, but who are looking for a quieter place to end each day. On weekends, locals will stay put and enjoy everything from the Montour Trail to the Hundred Acres Manor.

Camp Hill, PA

Camp Hill, PA

Source: ApartmentGuide.com/Society Hill
  • Population: 8,130
  • 1-BR median rent: $890
  • 2-BR median rent: $1,422
  • Median home price: $225,900
  • Median household income: $87,008
  • Walk score: 34/100

One of the best places to live in Pennsylvania is a small city along the banks of the Susquehanna River. Camp Hill gives you a nice amount of waterfront to explore. The town is also home to the northernmost engagement of the Gettysburg campaign during the Civil War. To honor this piece of history, you can follow the West Shore. There you’ll find historic buildings and battle sites.

For outdoor lovers, Camp Hill is a perfect home base to access hiking, biking, skiing and water activities. There are also plenty of local parks for a simple stroll.

Collegeville, PA

Collegeville, PA

  • Population: 5,043
  • 1-BR median rent: $2,060
  • 2-BR median rent: $2,655
  • Median home price: $380,000
  • Median household income: $112,500
  • Walk score: 44/100

As a suburb of Philadelphia, Collegeville got its straightforward name from Ursinus College. Academic life still plays an important role here, although the city is also a popular destination for a variety of businesses.

While there’s plenty of shopping and plenty for college students, the area’s top feature is the Perkiomen Trail. This 20-mile path follows the river, connecting many parks and historical sites. You can walk, bike and even ride horseback along the path.

Harrisburg, PA

Harrisburg, PA

  • Population: 50,099
  • 1-BR median rent: $1,137
  • 2-BR median rent: $1,407
  • Median home price: $199,025
  • Median household income: $39,685
  • Walk score: 55/100

As the state capital, Harrisburg is one of the best places to live in Pennsylvania as much for its location within the state as for its history. Living here puts you near the Susquehanna River, Appalachian Trail and the cities of Hershey and Gettysburg. You can easily sample a little nature and history with so much close by.

Within Harrisburg itself, you have access to the city’s own island. Here you’ll find a beach, riverboat, arcade and more. It’s a great stop during the day. When the sun goes down, keep yourself occupied with the upscale bars and restaurants downtown.

Hershey, PA

Hershey, PA

  • Population: 13,858
  • 1-BR median rent: $915
  • 2-BR median rent: $1,075
  • Median home price: $339,900
  • Median household income: $69,688
  • Walk score: 57/100

Yes, it’s named after that chocolate bar. Hershey is often referred to as one of the sweetest places on earth because, to this day, Hershey’s still calls the city home. This not only means a variety of job opportunities working with chocolate but plenty to lure in tourists. The city also boasts Hersheypark, which has rides and a zoo, Hersey Gardens and Hersheypark Stadium.

Although the city grew up around a single company, today, it contains all the attractive elements of a smaller town one could want. Step away from the more touristy areas to find scenic hiking trails, museums, restaurants and shops.

Lancaster, PA

Lancaster, PA

  • Population: 58,039
  • 1-BR median rent: $1,269
  • 2-BR median rent: $1,453
  • Median home price: $225,625
  • Median household income: $45,514
  • Walk score: 56/100

Situated alongside Amish Country, Lancaster is home to the Pennsylvania Dutch. While you can tour Amish attractions and even immerse yourself into the lifestyle for a special experience, locals have plenty of other activities to occupy their time.

As one of the best places to live near Philadelphia, the downtown area is full of shops, theaters, restaurants and art galleries. Underground caverns provide a little adventure for those seeking something different. You can also take a ride on the country’s oldest operating railroad or see a different side of the city’s history with a ghost tour.

Perkasie, PA

Perkasie, PA

  • Population: 9,120
  • 1-BR median rent: $995
  • 2-BR median rent: $995
  • Median home price: $425,000
  • Median household income: $77,420
  • Walk score: 38/100

Another commuter town, Perkasie is one of the best places to live in Pennsylvania because it’s a great small town that’s only about an hour away from downtown Philadelphia. Once known for its factory that made baseballs for the major leagues, Perkasie today has managed to grow while holding onto its rural appeal.

A fantastic park system and revitalized downtown area provide the perfect combination of hometown activities for residents. There’s no shortage of restaurants, shops, music venues and more.

Philadelphia, PA

Philadelphia, PA

  • Population: 1,603,797
  • 1-BR median rent: $1,872
  • 2-BR median rent: $2,102
  • Median home price: $260,000
  • Median household income: $45,927
  • Walk score: 84/100

The most populated and well-known city in Pennsylvania, Philadelphia definitely has one of the rooms where it happened. Not only is it the original home of the Liberty Bell but it also housed our Founding Fathers as they signed the Declaration of Independence into being.

Popular in its own right, Philadelphia offers additional appeal for its proximity to New York City. Hop a train into the city for work or a weekend of fun. You can also stay close to home and snack on an authentic Philly cheesesteak as you enjoy the art and history of downtown. There’s no shortage of 300-year-old buildings, cultural attractions, quaint parks, bars, restaurants and shops.

Pittsburgh, PA

Pittsburgh, PA

  • Population: 302,971
  • 1-BR median rent: $1,435
  • 2-BR median rent: $1,890
  • Median home price: $217,000
  • Median household income: $48,711
  • Walk score: 69/100

Bookending the state, Pittsburgh is the most populated city on the opposite end from Philly. Known as the City of Bridges, Pittsburgh has long shared a connection with steel, however, the industry is only part of what makes this area so special. As a highly walkable city, you can easily explore on foot but wear comfortable shoes. With over 712 sets of city-maintained steps, you’re going to get a great workout.

If walking isn’t your thing, don’t worry, Pittsburgh has you covered. For sports fans, this affordable town is home to professional baseball, football and hockey teams. For those looking toward higher education, the University of Pittsburgh and Carnegie Mellon University are the notable tip of Pittsburgh’s collegiate iceberg.

Reading, PA

Reading, PA

  • Population: 95,112
  • 1-BR median rent: $1,475
  • 2-BR median rent: $1,540
  • Median home price: $160,000
  • Median household income: $32,176
  • Walk score: 69/100

Named after the Reading Railroad, which all you Monopoly players should know well, the town of Reading sits in the southeastern part of the state. Today, it’s uniquely known for the variety of pretzel companies that call the area home. Reading is also a combination of culture and history. It’s easy to divide your day between looking at an Egyptian mummy in the Reading Public Museum and hiking through the Nolde Forest. You can also check out Daniel Boone’s birthplace for some real American history.

With plenty of affordable, suburban housing, residents get drawn into Reading for the charms of the city itself, as well as its proximity to Philadelphia. These two cities on the list of best places to live in Pennsylvania are only about 60 miles apart.

Scranton, PA

Scranton, PA

  • Population: 76,328
  • 1-BR median rent: $1,184
  • 2-BR median rent: $1,095
  • Median home price: $149,000
  • Median household income: $40,608
  • Walk score: 58/100

Laid out more like a traditional small town, Scranton has tight-knit neighborhoods clustered around a thriving downtown. You’ll find trendy restaurants, boutiques and art galleries nestled among the historic Lackawanna County Courthouse building.

Taking into account its high population of young professionals and families, Scranton caters to its residents with plenty of special activities, including cultural festivals and monthly art walks. Scranton also pays homage to its nickname, the Electric City, with The Electric City Trolley Station and Museum. The first streetcars, successfully powered by electricity, ran here in the 1880s.

Willow Grove, PA

Willow Grove, PA

Source: ApartmentGuide.com/Willow Pointe
  • Population: 13,730
  • 1-BR median rent: $1,907
  • 2-BR median rent: $2,230
  • Median home price: $300,000
  • Median household income: $79,162
  • Walk score: 57/100

A small town with big fun, Willow Grove offers residents a quiet, laidback community that doesn’t lack the amenities you’d want close by. There are plenty of shopping and dining options that you’d expect to find in bigger cities.

As a Philadelphia suburb, Willow Grove has the nearby city going for it as far as activity goes, but it’s not without its own set of museums and historic sites to occupy residents. Visit the 42-acre grounds and home at Graeme Park or check out the indoor playground at Urban Air Adventure Park for something really different.

Find an apartment for rent in Pennsylvania

The best places to live in Pennsylvania spread to all four corners of the state. Each city has its own charm, beauty and history to explore, not to mention job opportunities and affordable housing.

Once you decide what area is right for you, begin the hunt. Look for apartments for rent in Pennsylvania to see all your options. Then, start narrowing things down by location, amenities and more. You’ll find the perfect place to call home in no time.

The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com as of December 2021.
Median home prices are from Redfin as of December 2021.
Population and median household income are from the U.S. Census Bureau.
The information in this article is for illustrative purposes only. This data herein does not constitute a pricing guarantee or financial advice related to the rental market.

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Best Online Life Insurance Companies for 2022

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In the old days, applying for life insurance was tedious, time-consuming, and stressful. The process took weeks to complete, much of that spent waiting on the results of a medical exam. And you didn’t know how much your policy would cost until everything was said and done — or even if you’d qualify for a policy at all.

Fortunately, the old days are over, at least for life insurance applicants who apply online. Also known as algorithmic underwriters or algorithmic insurance companies, online life insurance companies give you an up-or-down decision within minutes, often without a medical exam or many questions about your medical history. You can apply over lunch or dinner and then get on with life.

Best Online Life Insurance Companies

Not all online life insurance companies are created equal, of course. These are among the very best.

Each of the companies on this list does at least one thing really well, and our top pick offers the best overall value for the widest number of potential applicants. Here’s what you need to know about each.

Best Overall: Ladder

Ladder Life Insurance Logo

Ladder is one of the best life insurance companies. It tops our list of the best online life insurance companies thanks to a potent collection of strengths:

  • Up to $3 million in term life insurance coverage without a medical exam — double what most competitors allow
  • In-home medical exams for policies larger than $3 million — the application process remains all-online otherwise
  • Choose from 10- to 30-year term coverage options
  • Option to scale down coverage over time without reapplying
  • Approval within minutes for many applicants
  • Backed by national insurers with strong financial strength ratings

Best for Fast Approval: Bestow

Bestow Life Insurance Logo

Bestow earns its spot as one of the best no-exam life insurance companies thanks to a streamlined digital application and underwriting process that produces results in as little as five minutes. If Bestow doesn’t need any additional information from you, you can apply for life insurance and get an up-or-down approval decision during your coffee break.

Its features include:

  • Term life insurance only
  • Term lengths from 10 to 30 years
  • Policy death benefits as low as $50,000
  • Coverage up to $1.5 million per policy with no medical exam required
  • Open to applicants ages 18 to 60
  • A+ (Superior) financial strength rating from A.M. Best

Best Premium Membership Rider: Haven Life

Haven Life Logo 1

Haven Life is one of the best online term life insurance companies around, but it really shines for a reason that’s not directly related to insurance. Haven Life offers the best premium membership rider — an optional add-on filled with potentially valuable features.

That rider is Haven Life Plus. It’s free to policyholders wherever it’s offered and provides at least $150 in annual value to policyholders. It includes:

  • A customizable and legally binding will that you can store online
  • A subscription to Adaptiv, a workout video and music library
  • A subscription to Timeshifter, an app designed to fight jet lag
  • A subscription to Lifesuite, a secure digital storage vault
  • A 15% discount on eligible MinuteClinic products and services

Haven Life has some additional features worth noting, including:

  • Term life coverage up to $3 million with a medical exam
  • No-exam coverage up to $500,000 through Haven Simple
  • AgeUp, an annuity product that can supplement your retirement income after you turn 90

Best for Nontraditional Underwriting: Sproutt

Sproutt Life Insurance Logo

Sproutt is an online life insurance broker that uses an innovative model called the Quality of Life Index (QL Index) to assess life insurance applicants’ risk. 

While it doesn’t completely replace traditional considerations in Sproutt’s application process — or in the underwriting processes of the insurers Sproutt works with — the QL Index goes beyond the usual medical and lifestyle information to consider factors like:

  • How often you exercise and what kind of exercise you do
  • How much and how well you sleep
  • Your emotional health
  • Your eating habits and overall nutrition
  • Your work-life balance

Additional features:

  • Access to fully medically underwritten term life, no-exam life (simple issue life insurance), and guaranteed issue life insurance
  • Multiple types of permanent life insurance available, including whole, universal, and variable universal
  • Get quotes within minutes
  • Apply directly with the insurer with help from Sproutt agents 

Best for Guaranteed Issue Life Insurance: Ethos

Ethos Life Insurance Logo

Ethos is rare among online life insurance companies because it offers permanent life insurance. Most competitors stick with term life.

Ethos’ permanent life insurance offering is a low-value whole life insurance policy for people between the ages of 66 and 85. Its features include:

  • Death benefit between $1,000 and $30,000
  • Guaranteed issue life insurance, meaning you can’t be turned down for medical reasons
  • No expiration, meaning the policy is effective until you die or stop paying premiums
  • Guaranteed level premiums, meaning your premiums won’t increase over time
  • Accidental death is covered right away
  • Nonaccidental death coverage kicks in two to three years after the policy effective date in most cases

Ethos’s term life offering is no slouch either. Its benefits include:

  • Amount of coverage ranges from $20,000 to $1.5 million
  • 10- to 30-year terms
  • Guaranteed renewable after the term ends, albeit at a higher premium

Best for Higher Coverage Limits: Fabric

Fabric Life Insurance

Fabric offers online life insurance policies with coverage up to $5 million. That’s an unusually high limit for a streamlined, all-online application process. And Fabric offers a no-exam option for applicants with uncomplicated health histories, although not up to the $5 million coverage limit.

Additional features:

  • Accidental death coverage available up to $500,000
  • A+ (Superior) financial strength rating
  • Low pricing, with monthly rates starting as low as $1 for $1 million in coverage
  • Will-making services available
  • Secure online vault for financial and personal documents at no additional cost

Best for Price Transparency: Walnut

Walnut Life Insurance Logo

Walnut sets itself apart with what it calls “price-first” term life insurance. Basically, you know how much you’ll pay for 10-year term coverage before you apply, making it easier to fit a new monthly payment into your budget (or decide to go a different direction). You never have to take a medical exam as a condition of coverage.

Walnut also offers a broad lineup of value-adds through a premium membership program included in the cost of insurance. Starting at $10 per month, this includes subscriptions to:

  • Headspace Plus, an app offering guided meditation and self-directed therapy
  • ClassPass Digital, a library of home workout videos
  • Dashlane Premium, a password manager and auto-fill app

According to Walnut, this package is a $25 monthly value. If you want even more, upgrade to a Digital Protection membership for an additional monthly fee and enjoy:

  • 24/7 access to a cyber support helpline
  • Up to $1 million in stolen funds reimbursement if you’re the victim of identity theft

Best Online Broker for Life Insurance Only: Quotacy

Quotacy Life Insurance

Quotacy is an online insurance broker specializing in life insurance quotes. In fact, a life insurance quote is the only type of insurance quote you can get through Quotacy. 

Quotacy’s narrow focus on life insurance gives it some advantages over other online insurance brokers:

  • Access to term life policies as long as 40 years — elsewhere, policies generally top out at 30 years
  • Access to a variety of types of life insurance, including term life
  • Multiple permanent life insurance options, including whole life policies and universal life policies
  • A five-minute, all-online quote creation process
  • Dedicated agents who understand life insurance
  • A vast insurer network that ensures competitive life insurance rates

Best Online Broker for Other Policy Types and Bundles: Policygenius

Policygenius Logo

Policygenius is an all-purpose online insurance quote aggregator. Unlike Quotacy, it focuses on a variety of different types of insurance, including: 

If you’re shopping for more than one type of insurance right now, Policygenius is your best choice for fast answers. And if you’re paired with a life insurance provider that offers other types of insurance too, there’s a good chance Policygenius can hook you up with a money-saving bundle discount. 


Methodology: How We Select the Best Online Life Insurance Companies

We use several criteria to evaluate online life insurance companies and select the very best for our readers. Some relate to the application process or policy underwriting, while others speak to the overall user experience and quality of the insurers themselves.

Financial Strength and Customer Satisfaction

Third-party financial strength ratings assess insurers’ ability to pay out death benefits in the future. When possible, we use ratings from A.M. Best, a highly respected rating agency that specializes in the insurance industry.

Customer satisfaction is another important measure of insurer quality. The top authority for customer satisfaction ratings in this industry is J.D. Power, which ranks life insurance companies and life insurance products annually.

Policy Types Available

Many online life insurance companies offer term life insurance only. Those insurers that also offer permanent life insurance coverage generally require medical underwriting for it, lengthening the application process.

That said, if you prefer to have both options available when you apply, you’ll want to focus your attention on insurers that can accommodate.

Term Options

Online term life insurance policies typically range from 10 to 30 years. Some insurers offer shorter-term policies, down to five or even two years. 

Unless otherwise specified in the terms of the policy, you can renew your policy once the initial term expires. However, this may require another round of underwriting and will definitely involve a higher premium.

No-Medical-Exam Options

One of the core benefits of online life insurance is the seamless application process. This process is helped along in many cases by a lack of medical underwriting. 

The insurer might ask some basic questions about your personal and family medical history and lifestyle. It’ll check your answers against your health records as well. But it won’t require you to undergo a medical exam as a condition of coverage.

No-medical-exam coverage costs more than fully medically underwritten coverage because it provides less information about your risk of premature death. However, this is a price many would-be policyholders are willing to pay, especially if they have reason to believe a medical exam would turn up health-related red flags.

The best insurers for no-exam coverage have high coverage limits — above $1 million — and terms of at least 20 years for younger and middle-aged applicants.

Coverage Amount (Death Benefit)

Online life insurance death benefits typically range from as low as $25,000 to $50,000 for final expenses insurance to upwards of $1.5 million. If you have higher life insurance needs, look to an insurer that can accommodate — Haven Life’s coverage amounts range up to $3 million, for example.

Policy Add-ons (Riders)

Many online life insurance companies offer policy add-ons, also known as riders. Some of the most common include:

  • Return of premium riders, which reimburse the policyholder for premiums paid during the policy term
  • Accelerated death benefit, which allows terminally ill policyholders to claim a portion of the death benefit before they die
  • Accidental death rider, which pays out an additional death benefit if the policyholder dies in an accident covered by the rider

Online Life Insurance FAQs

You have questions about getting life insurance online. We have answers.

Do You Need to Get a Medical Exam When You Apply for Life Insurance Online?

Often, no. If you’re applying for a life insurance policy worth less than $500,000, you probably won’t have to get a medical exam if you don’t want to. Many insurers offer no-medical-exam coverage as high as $1 million or $1.5 million, and a few go higher still — up to $2 million or $3 million.

That said, if your top concern is paying as little as possible for coverage and you have no known health issues, opt for the medical exam. As long as the exam doesn’t raise any red flags about your health, you’ll pay less for a policy that requires one.

How Much Does Online Life Insurance Cost?

How much you pay for an online life insurance policy depends on a number of factors:

  • The policy value — coverage amount or death benefit
  • The policy term — the longer the term, the higher the premium
  • The type of policy — term life is always cheaper than permanent life
  • Your personal medical history
  • Your family medical history
  • The results of your life insurance medical exam if you take one
  • Your age when you apply
  • Your lifestyle, including whether you use or have ever used tobacco and whether you have any risky hobbies

The best way to estimate your life insurance cost is to use an online quote aggregator like Policygenius or Quotacy. 

What Do You Need to Apply for Life Insurance Online?

To apply for life insurance online, you’ll need some or all of the following:

  • A good idea of how much life insurance you need
  • Basic personal information, like your address and Social Security number
  • Basic financial information, such as your annual income
  • Your height and weight
  • Your recent medical history
  • Information about your lifestyle and personal habits

If required, you’ll need to take a medical exam in the days or weeks after you send in your initial application for coverage. Many insurers offer in-home exams, but some ask you to visit a testing facility. 

You’ll also need to give your consent for the insurer to pull your Medical Information Bureau file. This file contains important information about your medical history and previous insurance applications, helping would-be insurers check the information you provide on your application against the public record.  

Is Life Insurance Worth It?

Often, yes. One of the most harmful myths about life insurance is that only certain people need it, such as parents of young children or people with lots of debt. In fact, there are many reasons to buy life insurance:

  • Covering final expenses, such as funeral and burial costs
  • Preventing major debts from passing to a surviving spouse or partner
  • Covering higher costs borne by survivors, such as child care and health insurance
  • Covering future education expenses for your children
  • Protecting your business partners’ financial interests
  • Maintaining your survivors’ standard of living
  • Creating a store of cash value that you can borrow against during your lifetime

Chances are, at least one of these reasons applies to you. And if that’s the case, some form of life insurance is probably worth it.


How to Choose the Best Online Life Insurance Company

These are the best online life insurance companies on the market right now, but that doesn’t mean they’re interchangeable. The best choice for your life insurance needs might not be the best choice for your neighbor — or even your spouse.

To choose the best online life insurer for you, think about why you’re applying for life insurance in the first place.

Do you want an affordable term life policy that lasts until you pay off your house in 15 years? Do you want to make sure your future kids’ college education is paid for, 20 or 25 years down the road? Do you want a policy that lasts indefinitely, creating a cash value reserve that you can tap as you age and possibly establishing generational wealth for your heirs?

Likewise, think about what you want out of your relationship with your insurer, beginning with the application process. Are you willing to pay more to forgo medical underwriting? Or do you prefer a seamless, super-fast application process that produces an answer — and an active policy — within minutes?

It’s your call. Fortunately, you can’t go wrong with any of the options on this list.

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Brian Martucci writes about credit cards, banking, insurance, travel, and more. When he’s not investigating time- and money-saving strategies for Money Crashers readers, you can find him exploring his favorite trails or sampling a new cuisine. Reach him on Twitter @Brian_Martucci.

Source: moneycrashers.com

This Surprising Generation Saves Best for Retirement

Younger and older workers in an office
fizkes / Shutterstock.com

Saving for retirement is like eating our peas and carrots: We know we should do more of it, but few of us do.

However, it appears that some generations are better than others when it comes to putting away money for their golden years. In fact, one surprising generation can teach the rest of us a thing or two about building a solid financial future.

Recently, Empowering America surveyed more than 2,500 Americans to learn more about how they are saving and preparing for retirement. Following is a look at how four different generations are doing.

1. Baby boomers

Baby boomer couple looking at their finances
John Keith / Shutterstock.com

Participants in this generation contributing to retirement plans: 83.9%

We give boomers a bit of a pass for their sagging savings rate, which is the lowest among the generations surveyed. After all, a decent percentage of boomers are already in retirement and therefore no longer saving for it.

Still, Empowering America characterizes the last-place finish of baby boomers as somewhat surprising, and it is likely that more than a few members of this generation regret not having saved more for their golden years.

If you are among them, check out the tips from Money Talks News founder Stacy Johnson in “I’m 55 and Have No Retirement Savings — What Should I Do?” While you might be a tad past that age, the advice is still great for anyone who is older and only has saved a little.

2. Generation X

Dmytro Zinkevych / Shutterstock.com

Participants in this generation contributing to retirement plans: 85.7%

Members of Generation X are not ready to retire just yet, but they can see the promised land just over the horizon. They are doing a better job than boomers of saving, but younger workers still are outpacing them.

While it might be too late for a baby boomer with no savings to end up rich, workers who belong to Generation X still have time. So, if your goals are ambitious, check out “5 Ways You Can Save $500,000 in 15 Years.”

3. Millennials

A millennial Black couple happily packs to move to another city
fizkes / Shutterstock.com

Participants in this generation contributing to retirement plans: 86%

This much-maligned generation is doing a surprisingly good job of saving for retirement. If you are a millennial, don’t worry about the steady stream of sneers you hear from baby boomers and members of Generation X. It appears that you are going to get the last laugh.

4. Generation Z

Generation Z friends
Rawpixel.com / Shutterstock.com

Participants in this generation contributing to retirement plans: 86.8%

In these trying times, here is a heartening statistic: The working members of the youngest generation surveyed are doing the best job of saving for retirement.

This is especially good news because the earlier you start saving, the more time your money has to compound — and the wealthier you are likely to get.

So, if you are a member of one of the older generations, don’t curse at the young whippersnappers around you or holler for them to “get off your lawn.” Treat them nicely, and maybe they will give you a loan — or at least teach you some valuable lessons about the right way to save.

Can’t find a friendly member of Generation Z to guide you? Sign up for the Money Talks News’ retirement course, The Only Retirement Guide You’ll Ever Need.

Money Talks News founder Stacy Johnson is your guide for the course — a 14-week boot camp intended for those who are 45 or older. It can teach you everything from Social Security secrets to how to time your retirement.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Source: moneytalksnews.com