Great question! These days, you don't have to go any farther than your mailbox or your TV to get offers for life insurance. Google it, and you will get pages of responses. I think the best place to find the right life insurance policy for you is through a live, independent agent, and here's why. Some things are great to buy through the internet, because you know exactly what you are buying. You book a hotel room, it's a hotel room. Insurance isn't that easy. First of all, it is the financial security of your family, and you want that to be handled by someone you can see, and talk to. Secondly, there are an awful lot of choices when it comes down to your coverage, and you want someone who could explain them to you, and help you find the right one for your needs. Lastly, an independent agent isn't tied to one particular company, and can shop around for you from several companies. Find one that feels right, and have them walk you through the process. If you would like help, please don't hesitate to contact me, I'd be happy to help. Thanks for asking!
Life insurance advertising is predominant on all media TV, radio, snail mail, email and billboards. Most simple go to the internet search engines such as Google, Yahoo or Bing. I would personally ask your family, friends and coworkers if they know a trusted independent life insurance broker. A broker can shop the market for your best product at the best price to meet your unique situation. By dealing with a referred broker the trust is established up front and you will feel more comfortable going through the process.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
You should talk with an independent life insurance agent so they can review options from multiple carriers with you, help identify the risk class you're looking at with various carriers (a critical part when looking for coverage), and identify the policy structure that will best serve your needs and your budget. It's also highly, highly recommended that you do NOT apply to a bunch of carriers at the same time just to see what sticks - this can be a red flag to many carriers and they'll want to know what your plans are with each policy, total amount of coverage you plan on keeping, as well as the underwriting results from them.
There is no one policy that is the best for everyone as we each have our own needs and purposes for buying life insurance. Some may buy life insurance because they just got married, some because they have a new child, some for estate planning, and some for income replacement, just to name a few reasons why people buy it.
In evaluating which is best for you, there's a number of factors to consider such as what type of coverage do you want/need, the reason you want to buy it, how much coverage and for how long (e.g. term vs. permanent), premium affordability, health status, where you live, and others.
One of the first things you need to do is identify the risk classification you qualify for. The risk classification is critical because this determines what the premiums will be for the policy you're applying for. This is where insurance brokers are essential in your pursuit of coverage. They have the knowledge to guide you through the process and help you find the policy that's going to be most suitable for you.
As you are reading the answers to this question, you are being introduced to several different agents who could handle your application in a responsible manner. You can go to our profiles to read about our agencies and our expertise, or you can read our answers to other questions to get a feel for how we approach our clients. There is not much we can hide as we are in the public eye here. You can go to any agent you trust, but if you don't know any, this website is a good place to start.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
Life insurance is a very personal purchase. You are selecting someone to care for those you love if you are not there to do so yourself. The internet is a rather impersonal option. I recommend selecting a trusted life insurance agent. If you don’t know one, get referrals from colleagues, friends and neighbors. This agent should patiently listen to you and offer sound financial advice. The solution proposed should be adequate to take care of your needs at a cost you can afford. When life insurance pays a death claim it is almost always a real bargain. Setting the limit of coverage is the most important thing.
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There is no one policy that is the best for everyone as we each have our own needs and purposes for buying life insurance. Some may buy life insurance because they just got married, some because they have a new child, some for estate planning, and some for income replacement, just to name a few reasons why people buy it.
In evaluating which is best for you, there's a number of factors to consider such as what type of coverage do you want/need, the reason you want to buy it, how much coverage and for how long (e.g. term vs. permanent), premium affordability, health status, where you live, and others.
One of the first things you need to do is identify the risk classification you qualify for. The risk classification is critical because this determines what the premiums will be for the policy you're applying for. This is where insurance brokers are essential in your pursuit of coverage. They have the knowledge to guide you through the process and help you find the policy that's going to be most suitable for you.