If you have been looking into trying to get yourself a life insurance policy, you would find that many brokers and insurance companies do not offer you an instant online life insurance quote. There are major reasons behind it. Let’s explore:
WHY OTHERS DON’T OFFER ONLINE QUOTES
Most of them are out there to collect data to generate lead to sell to agents and brokers.
By going to these sites you basically give away your information to be used whichever way they like for their benefit.
Many of them are not comfortable enough to compete in the open market.
Their claim that they like to work closely with you to find the products that best suit your individual needs, is a fallacy. They are not the only specialists in that. They are just scared to put all the cards on the table for you.
Major Insurance Companies on their websites take your information and give it to their favored local agents. These agents have to be good ‘closers’ to deserve those leads or they have to buy them. Also, keep in mind that these are captive agents. They work for the insurance company, and therefore, are contractually obliged to write business for their company only.
WHY WE OFFER QUOTES
The life insurance quote engine quotes the first four classes of risk that an insurance company offers. These are Preferred +, Preferred, Select + and Standard. It also offers Preferred Smoker and Standard Smoker rates. It is more of a grading system. Most of us fall under these categories.
Therefore, an online quote can give you a pretty good idea of what to expect.
As they say, when companies compete, you win. In this case, you will know which companies are competing for your business.
Some of the factors that may effect your grading include your age, height and weight, whether you are smoker or non-smoker, your total health, nature of your job, your hobbies, traveling plans, criminal records etc.
If you are an impaired risk and do not fit into these categories, give us a call and we will take it from there.
In short, an online quote engine is an asset in your favor. Keep in mind every honest insurance agent and financial representative would like to connect and understand your particular situation before serving you. Whether you get your quotes online or not is immaterial.
LIFE INSURANCE QUOTES
Find the best rates for Term Life, Return of Premium Term and Guaranteed Universal Life Insurance plans. Compare top-rated carriers and save.
PLEASE NOTE: By law, agents and brokers offering life insurance products cannot charge fee for service from a client. Therefore, your premium is exactly what an insurance company quotes.