Instant life insurance quotes can provide a valuable benefit to any consumer who wants to obtain life insurance but lacks the time to visit an agent’s office.
By obtaining quotes instantly, you can compare rates and features without ever having to leave your home. Read also: Protect Loved Ones with Family Insurance.
Preparing to Obtain Instant Quotes
Before you obtain quotes for life insurance coverage, you should take a few minutes to gather critical information you will need. This will help ensure that you will obtain accurate quotes. It can also help prevent problems down the road if the issuing insurance carrier requires a medical exam.
You should obtain your accurate height and weight. Insurance carriers typically use this information to determine eligibility for coverage. If you qualify for coverage, the relationship between your height and weight can also affect how much you will pay for coverage.
It is important not to falsify your height and weight when requesting a quote. The insurance company may verify this information from a medical exam or other sources and may decline coverage if you provide inaccurate information. Read also: Top Five Benefits to a Life Insurance Trust.
You should also gather information about any health conditions you currently have, as well as those you have had within the past five years. These conditions may include:
- Heart disease
- High blood pressure
- Diabetes
- Cancer
- Congenital diseases
Also, if you smoke, you should quit at least 12 months before you plan to obtain life insurance coverage. Typically, policyholders who have used tobacco within the last 12 months pay substantially higher rates than those who have been tobacco-free for at least one year.
Obtaining Instant Quotes
Once you have gathered the necessary information, you can obtain an instant life insurance quote online. One way to do this is to visit the website of a life insurance company that is licensed in your state. Insurance regulatory agencies in most states maintain lists of license insurance carriers.
Another method is choosing a website that specialized in instant life insurance rate comparisons. These websites typically have access to rates from dozens of companies. You can enter your information one time and receive quotes from several companies in as little as five minutes.
Once you have selected a quote that meets your needs, a representative from the insurance company or an agency will typically contact you to arrange a time to complete your application. Read also: Why Seniors Need Life Insurance?
Comparing and Choosing Quotes
When comparing instant life insurance quotes, you should make sure that each quote reflects the same coverage levels. For example, if you are looking for a term life policy, comparing a 10-year level term policy against a 20-year policy would not result in a fair comparison.
It is also a good idea to research an insurance company before you choose a policy. Your state’s insurance department can provide information about the company’s practices. Your insurance department can also direct you to other organizations that can provide information about the company’s financial standing. Choosing a strong company can help ensure that your family will be paid if you die within the policy term.
Although buying life insurance is never a pleasant task, proper preparation and careful consideration can help you find the policy you need at a price you can afford. It can also help ensure that your family is protected.