Getting a quote for life insurance can be pretty painful. You know the drill.
Walk into an agent’s office. Sit down. Then the fun begins. He starts making small talk.
You talk about your family, your spouse, then BAM, he hits you with the question: “so, how much life insurance do you have now?”
From there, it’s a backslide guilt-trip into buying as much insurance as you can afford because you love your family and you don’t want anything to happen to them.
When the whole process is done, you feel relieved, but you’re not quite sure whether it’s because you have the coverage you need or because you’re finally out of the hot seat.Fortunately, there’s another way to buy life insurance, and it doesn’t involve the 3rd degree. It’s called buying online. Here’s why you might like getting instant online quotes:
You’re Old And A Little Beat Up
It happens to the best of us. We get older, and our health fails us. We’re no longer invincible. Yet, at the same time, we don’t like facing that fact. And our health problems become painfully obvious when we get insurance quotes.
So, to avoid having to disclose every ailment to some guy or gal you just met, go online and get your quote using an online broker. Sure, you’re going to have to tick off boxes, but you also have a few options, including something called “simplified issue.” Simplified issue means that the insurer will issue the policy without nagging you about your health.
You Don’t Like Needles
Some people just don’t like getting stabbed with a needle. But insurers often request this as a part of the life insurance underwriting process. They want to check your liver enzymes, your blood sugar, and kidney function to make sure you’re an acceptable risk. One way around this is to get online quotes for coverage.
You see, many online brokers deal either exclusively or primarily with policies that can be issued right there, without a lot of health questions – yep, another benefit of buying simplified issue contracts. Of course, if you don’t go through medical underwriting, your premiums will be a bit higher than a fully underwritten policy, but it might be worth it for you if you just don’t want your blood drawn.
You Don’t Want To Be Harassed By Pushy Salesmen
Next to the used car salesman, life insurance salesmen have a bad reputation for being rather pushy. The way life insurance is typically sold is by inducing a colossal guilt trip. Everyone has a breaking point too – eventually you cave and will buy pretty much any amount of death benefit to save your family from whatever horrors the insurance agent tells you will occur if you don’t buy.
Of course, you have to remember that the odds of a term policy actually paying out are rather low – that’s part of the reason why premiums are low for these types of contracts. Term insurance, one of the most widely sold policies, is all about an “if” scenario – if you die while the policy is in force. Most of the time, you outlive the term contract.
That doesn’t mean you shouldn’t buy term insurance. You should, if you have a temporary insurance need. But you shouldn’t buy more than you need, and this is where going online can save you a lot of money. You don’t talk to a salesman who tries to push more coverage on you than you absolutely need.
You Want To Compare Multiple Companies At Once
One of the best benefits of going online to shop is that you can look at 10 different insurer quotes at once. Try doing that with your typical broker. It’s difficult. Most agents primarily write business for only two or three insurance companies. Some sell for 10 or 20 different companies, but that’s more an exception than the rule.
You’re Not Ready To Buy Just Yet
Maybe you’re not ready to buy just yet. You’re curious about how expensive an insurance policy is and you’re willing to “window shop,” but that’s it. Going online is actually the best thing you can do in this instance. You won’t be wasting the broker or agent’s time, and he won’t be wasting yours. When you’re ready to buy, most online brokers publish a phone number just in case you need one-to-one assistance.
Problems with Getting Instant Life Insurance Quotes
The most notable disadvantage is that the insurance quotes can’t give you an accurate quote.
The quote forms are not going to be able to account for all of these factors, which means that the quotes that you can instantly aren’t 100% accurate.
Getting the Lowest Insurance Rates Possible
After you’ve gotten a life insurance rate, you may be a little shocked at how much it is.
In most cases, our applicants are pleased to see that life insurance is much more affordable than they assumed that it would be.
On the other hand, there are some applicants that think that they are paying too much for their insurance coverage.
A quick way to improve your health it to take charge of your health like quitting smoking, exercising, or even just eating healthier and cutting back on alcohol.
Not only will your doctor thank you, but your wallet will thank you as well if you can improve your health. Do not worry though, if your health will not allow you to pass a traditional medical exam, there are other options, such as a no medical exam life insurance policy, which in turn will come at a higher premium rate.
As we mentioned, getting a life insurance quote online will help you compare dozens of plans all at once. All carriers vary and are going to offer you different rates depending on their medical underwriting and rating systems that they use.
Finding the most ideal insurance company for you is the difference in getting an affordable policy or getting one that’s going to break your budget.
Our agents work with the best companies and we have decades of experience among them working with all types of clients across the country.
If you have any questions about life insurance or getting instant quotes, please contact us today. We would love to answer those questions and ensure that you’ve got the coverage that your loved ones need. For a quote please call us at 1-888-552-6159.