Buying Life Insurance FAQ: Answers to Buying Questions
Buying Life Insurance
Are online life insurance quotes reliable?
You may get an accurate quote online, but the coverage may not be what you really want or need. Online life insurance quotes are based on algorithms that can’t process the many details that determine the type and amount of insurance you need. That’s why it’s important to talk to a real person who will ask the right questions to help ensure you get the right policy at a cost you can afford.
What is the average monthly payment for life insurance?
Generally speaking, the monthly cost of life insurance is probably far less than you spend on your cell phone or cable TV.1 Determining your specific cost will mean looking at your unique situation (your age, health, occupation and more) and the type of policy you choose (term or permanent, amount of death benefit, etc.).
How do I go about buying life insurance?
You’ve already taken the first step by doing some research. Next, talk with one of our experts, who will take time to get to know you and carefully understand your priorities and budget before presenting you with options and pricing for coverage.