What to know when shopping for life insurance online.
Today, most of our tasks can be done online, whether it’s ordering groceries, paying bills or connecting with others. The same is true for purchasing quality life insurance. Buying a policy has traditionally been a task that takes place over several weeks with paperwork being sent back and forth. However, it’s never been easier to find affordable, quality life insurance coverage online.
Get quotes
When shopping for the right coverage, you should be prepared to compare quotes across different life insurance providers to ensure you’re getting competitive pricing. Keep in mind to compare the coverage as well as the premium. A life insurance agent will ask questions about your age, gender, smoking habits, family health, occupation, and hobbies to determine your premium pricing. The amount of coverage and term length will also factor into the premium cost.
Take an exam
Unless you opt for a no medical exam life insurance policy, the insurer will require you to visit a doctor for some routine tests. The results of your test help insurers to better determine your coverage and rates, making for a more reliable policy.
Name primary and contingent beneficiaries
When you get down to it, the entire goal of life insurance is to take care of your loved ones. That is why selecting your beneficiaries is a crucial part of the process. Once you’ve determined your primary and contingent beneficiaries, it’s important to keep them up to date as your life changes. For example, if you get divorced, you may want to remove your ex-spouse as a beneficiary.
Make sure you have the right life policy that steps in when your family needs it the most. Talk to a trusted life insurance advisor to determine your policy and coverage exactly. Contact Donald Weiss Insurance Services to get started on your coverage today.