Term Life Insurance Q&A
About BeyondQuotes
- Why should I choose BeyondQuotes?
- Which companies do we represent?
- Is BeyondQuotes licensed where I live?
- Is my information confidential?
- Do you only offer rate quotes?
- How do we choose which companies to represent?
Defining Coverage
- How much Term Life Insurance do I need?
- What are "level" policies?
- What should be the term length?
- Is it worth insuring my spouse on my policy?
- Can you explain the difference between Term and Whole Life plans?
- I suffer form a pre-existing condition. Can I still be insured?
Applying for a Policy
- How do I apply for Term Life Insurance?
- How do I find the best value plan for my needs?
- What is the waiting period between applying and coverage?
Idea behind the Shopping of Online Life Insurance
Online life insurance has completely transformed the insurance sector by making things easier of whole process of buying an insurance policy and saving a lot of time. The knack to buy insurance online and avoid clumsy salesman is a choice, relished by today's consumers. Though, before buying any online life insurance policy, it is indispensable to be familiar with certain things. Check out what:
What is the advantage of buying online life insurance?
Buying insurance from an agent is sometimes not beneficial at all as they usually offer such policies, which allow them to earn profits, rather than the one that suit our needs. As a replacement for going to the agents, you can get policy which is worth for you. Internet helps you to do a methodical policy comparison.
Online life insurance websites operate round the clock, which allows you to buy a policy at your convenience, instead of the expediency of insurance company. You also get rid of visiting the company's office personally, as policy can be obtained in any nook and corner. Moreover you will be exempted from paying on agents' fees and commissions.
Purchasing online life insurance policies saves your precious time and opens ups a complete universe of insurance on just one click. You will be required to fill mandatory information and you can get whole policies details of various smaller companies, which you have never heard of before. These online life insurance companies offer awesome features at lower premium as they are in desperate need to capture the required market segment.
Is it safe to buy Online Life Insurance?
It is absolutely secure to buy an online life insurance policy, as the insurance company sends all policy documents at your doorsteps. So keep that worry aside. In today’s cyber age, various insurance companies have certification on their website, which guard user from illegal sites and unauthenticated transactions. It eradicated security concerns, particularly at the time of giving bank details, credit card numbers and other private details. Also most websites providing online life insurance have an auto logout feature, if someone forgets to log out their session, this feature will automatically signs out the user.
Does insurance companies offer free of charge online life insurance rates?
The major benefit of applying for an online life insurance quote is that it is free of cost. The customers can apply for as many quotes as they want from various companies and compare them for lowest rates which are compared on the basis of terms, premiums, death benefit and various other parts.
Many websites allow customers to compare online life insurance quotes from up to five different companies at one time. The process is quite methodical and saves a lot of time, effort and money. This comparison of online life insurance quotes ensures that the buyer gets the good rates for their life insurance plans. Also, they are able to afford the best possible death benefits at the lowest possible premiums.
When opting for online life insurance policy, clients usually go for a company which has the most competitive rates and wide range of coverage. Preference is also given to a company having the best customer support system.
It very crucial that you know your internet lingo and protocols and it is important when you are going for online life insurance policy.