Shopping online for life insurance is a great convenience. But with dozens of companies claiming the best rates and coverage, how do you cut through the hype? Here's what to look for...and to look out for.
With hundreds of options, choose a life insurance company with an A+ or better rating from A.M. Best. They provide an independent opinion of an insurer's financial strength and ability to meet its ongoing contract obligations. Once you narrow down your search, it is important to do your research and read independent reviews of a company.
Not sure what you need? Take advantage of educational pages offered by insurers! Learn about different life insurance products like term and permanent life insurance and how to determine your insurance needs.
Once you select a company you want to work with, call to speak with a licensed agent to begin the application process. At AIG Direct, your agent will arrange a medical exam (if required) and follow-up on the progress of your application during the underwriting process.
Many websites offer free life insurance calculators. They offer an easy way to calculate how much your family will need if you were to pass away. Calculating your exact need can be complicated. Many people forget to add in outstanding debts, funeral expenses, and college tuition. Speaking with a licensed agent can help you to determine the exact amount you will need.
For the initial quote, you will need to provide information such as gender, age, height/weight and tobacco usage. Online Quotes are solely based on the information you provide. The exact cost of your life insurance can only be determined by the underwriters after you have completed an application and medical exam.
Beware of websites phishing for your personal information in exchange for a free quote. Never give your Social Security Number or Banking Information to get a free quote.
Shopping online brings tremendous advantages. You can educate yourself about insurance company ratings, life insurance products, and how to determine your life insurance needs. To learn more, talk to one of our licensed agents. The consultation is free, and there is no pressure, hassle or obligation. It's the fast lane to peace of mind!