Where can I get a quote for whole life insurance?
Life insurance policies are incredibly complicated legal agreements and as whole life insurance policies last much longer than term life insurance policies the there are even more specifics which you must understand. For this reason it is highly advisable to deal with an insurance broker if you are thinking about taking out a whole life insurance policy. As the policies can be very complicated there are many common pitfalls which you could very easily fall into if you are not careful. Using a broker to help you choose your policy will help you to avoid as many of these pitfalls as possible.
However, this doesn't mean that it is necessarily impossible to get an online quote for whole life insurance. There are plenty of insurance companies that offer online quotes, but in some cases your individual circumstances may dictate that you have to obtain your quote over the phone as your requirements may be very specific. There are, of course, advantages to getting quotes over the internet: you can see the exact effects of each variable and being able to do this from the peace of your own home without a salesperson pressurising you counts for a lot.
If you choose to get a quote through a broker it is vital that you are certain what type of broker you are using. Some brokers are totally independent and can offer you good deals on just about any insurance policy out there. Others team up with specific companies to offer you good deals on their products. This means that you are more likely to be pushed towards a product from a specific company, but the good new is that brokers often use the commission that they earn to offer you a much better deal than if you had operated directly with the company. For you the advantage is you can get the same policy for a lower price and for the broker it is good because they will only lose a small amount of their commission by offering you the policy.
The best way of finding a good insurance broker in your area is to search the internet, although you can obviously look in your local telephone directories as well.
Disclaimer: The information contained on this page is not intended, nor should it be construed as providing any form of financial advice or guidance as to which insurance product/policy is right for you. If you are unsure as to which product meets your requirements/needs you should always seek advice from an Insurance Professional.