3 Considerations When Shopping Online For Life Insurance Quotes

From the comfort of your own home, smartphone, or other mobile device, the Internet allows you to conveniently shop for just about anything you need. In fact, many of the services that were traditionally purchased in person and across a desk can now be easily obtained online – including life insurance.

But while the Internet has made quoting and buying life insurance fast and easy, there are three important factors you should consider when shopping for and comparing life insurance quotes online:

1. Work with a reputable life insurance company

When evaluating a website for life insurance quotes, do a little bit of homework to be sure the company you are getting your quotes from has a sound reputation and is financially stable. Have a look around the website. A top-rated life insurance company will typically provide information on the history of the company that includes how long they’ve been in business and their value proposition in serving customers.

2. Have access to a licensed agent

Companies that want to earn your business should make quoting and applying for life insurance coverage online as uncomplicated as possible. However, even an easy-to-use system doesn’t mean you won’t have questions. More than just technical support, a good company website should provide you the option of connecting by phone or email with an agent who can answer coverage and policy questions.

3. Do a little homework

Before shopping around for quotes online, you should have an idea of how much life insurance you need. Don’t guess. Many company websites have an online needs calculator that allows you to easily plug in the numbers for a quick estimate. Next, familiarize yourself with the different types of life insurance the company offers. For example, if you’re looking for something other than a term policy, what options for permanent policies are available? A good company website will often have valuable information on all types of life insurance plans to help you better understand how different policies work.

Many top-rated life insurance companies are now offering their products online. And with busy schedules, this can be a convenient way to get the coverage you need – today. However, it’s important to take the time to consider the company that you’re providing your information to before embarking on the quoting or application process.

To learn more about our types of life insurance, visit our learning center.