Life insurance is the best investment that you’ll ever make for your loved ones. Life insurance is one of the few ways that you can ensure that your loved ones have the money that they need, even if something tragic were to happen to you. If you didn’t have life insurance, and something tragic were to happen to you, then your family would be left with a massive amount of debt and other final expenses. Not having life insurance is one of the worst mistakes that you could ever make for your loved ones.
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
While getting life insurance online instantly is a great way to buy life insurance, there is a couple of disadvantages that you should be aware of when you’re shopping for insurance protection. The most notable advantage is that the insurance quotes can’t give you an accurate quote.
When you apply f or life insurance, the company is going to look at dozens and dozens of different factors to determine how much they are going to charge you for protection. 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 might be surprised 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. Luckily, there are several ways that you can lower your insurance rates and keep more money in your pockets.
The first thing that you should do to save money is to out any cigarettes or tobacco that you use. If you’re a smoker, then you should expect to pay a lot more for your life insurance compared to what you would pay if you didn’t smoke. Smokers pay at least twice as much for their life insurance. Quitting smoking can save you thousands of dollars every year. If you want to get non-smokers rates, you’ll have to be smoke-free for at least a year before you apply for coverage.
Another way that you can save money is to improve your overall health. Before the insurance company gives you life insurance, they are going to require that you take a medical exam. The results of that medical exam are going to play an important role in how much you pay every month. If you want to save money, then it’s time to start hitting the gym and cutting out the junk food. Both of these can help you lose weight, lower your blood pressure, and much more. Not only will your doctor thank you, but your wallet will thank you as well. 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. Every insurance company is different, and all of them are going to offer you different rates depending on their medical underwriting and rating systems that they use. Finding the perfect company for you is the difference in getting an affordable policy or getting one that’s going to break your bank every month.
Instead of wasting hours and hours calling different companies to get quotes, let an independent insurance agent do all of the hard work for you. Unlike a traditional insurance agent, an independent broker works with dozens and dozens of highly rated companies across the nation. Our agents work with the best companies and we have years of experience working with all types of clients across the country.
We know that shopping for life insurance is not a fun task. Nobody wants to think about anything tragic happening to them or their loved ones, but not having life insurance coverage is one of the worst mistakes that you could ever make for your loved ones. You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the insurance protection that your loved ones deserve.
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.