Would You Buy Term Life Insurance Online Or From an Insurance Agent?
If you are planning to buy term life insurance policy you can do it through an insurance website or from an insurance agent.
But before you choose, you need to weigh which of them is more ideal to make a purchase.
The following criteria can help you make a wise decision: Is the insurance provider legitimate? Insurance service provider's reputation is of great importance as you want to make sure that you are buying from a trusted one.
For insurance websites, see to it that it is legitimate as there are a lot of scams online - see to it you that the insurance website has a verified physical address.
You must also ask your prospective agent about his office address.
If a particular agent or website cannot provide even its/his office address, it's a good reason to be skeptic.
Is it accredited or certified? Another criterion that you need to check is their accreditation or certification.
A reputable website should have badges from reputable business accreditation companies (e.
g Better Business Bureau) and from state insurance regulation agency.
In California, for instance, you can check if a particular insurance company or agent in the area is following the laws governing insurance policies by checking its/his status through the state's Department of Insurance.
Is it affiliated to reputable insurance companies? Another way of determining how reputable an insurance website or agent is to check if it/he is affiliated to some of the reputable names in the industry.
This would give you some useful idea about your prospect's stability and capability to give the kind of service that you need.
How about insurance quotes they are giving? This is another area that you should not miss checking.
The drawback of online insurance quotes is that they are not giving the kind of policy computation that is specific to your unique needs.
Most (if not all) online quotes just allow you to provide very limited information and this is often the cause of miscalculations.
This is the reason why a lot of experts recommend talking to an insurance provider or agent as a good alternative - whether over the phone or in person.
It is the only way to get the most accurate calculation on how much the policy should cost based on your unique conditions.
What people are saying about your prospects? Last but not the least is to check what people are saying about your prospects.
The number of positive reviews, most especially from previous and current customers, is an important indicator on how reputable your prospects are.
So, whether you buy a term life insurance policy through an agent or through an insurance website, be sure you are able to check its/his reputation based on the criteria suggested above.
If you have more to add to this, include them as they can make your judgment more reliable.
But before you choose, you need to weigh which of them is more ideal to make a purchase.
The following criteria can help you make a wise decision: Is the insurance provider legitimate? Insurance service provider's reputation is of great importance as you want to make sure that you are buying from a trusted one.
For insurance websites, see to it that it is legitimate as there are a lot of scams online - see to it you that the insurance website has a verified physical address.
You must also ask your prospective agent about his office address.
If a particular agent or website cannot provide even its/his office address, it's a good reason to be skeptic.
Is it accredited or certified? Another criterion that you need to check is their accreditation or certification.
A reputable website should have badges from reputable business accreditation companies (e.
g Better Business Bureau) and from state insurance regulation agency.
In California, for instance, you can check if a particular insurance company or agent in the area is following the laws governing insurance policies by checking its/his status through the state's Department of Insurance.
Is it affiliated to reputable insurance companies? Another way of determining how reputable an insurance website or agent is to check if it/he is affiliated to some of the reputable names in the industry.
This would give you some useful idea about your prospect's stability and capability to give the kind of service that you need.
How about insurance quotes they are giving? This is another area that you should not miss checking.
The drawback of online insurance quotes is that they are not giving the kind of policy computation that is specific to your unique needs.
Most (if not all) online quotes just allow you to provide very limited information and this is often the cause of miscalculations.
This is the reason why a lot of experts recommend talking to an insurance provider or agent as a good alternative - whether over the phone or in person.
It is the only way to get the most accurate calculation on how much the policy should cost based on your unique conditions.
What people are saying about your prospects? Last but not the least is to check what people are saying about your prospects.
The number of positive reviews, most especially from previous and current customers, is an important indicator on how reputable your prospects are.
So, whether you buy a term life insurance policy through an agent or through an insurance website, be sure you are able to check its/his reputation based on the criteria suggested above.
If you have more to add to this, include them as they can make your judgment more reliable.
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