How to Shop for Life Insurance
There are three things to consider when shopping for life insurance (see below). A good agency, like Wholesale Insurance, will help you with these three items. At Wholesale Insurance, we try to provide you with the resources you need (online and over the phone) for an informed and comfortable shopping experience.
1. Pick the policy that’s right for you
There are many life insurance plans available that can be used in many different ways. Life insurance policies are generally grouped into three basic types. You can follow the links below to learn more about each type. The basic features of each type are listed in parentheses below.
- Term life insurance (inexpensive, no cash value, short term: 1-30 years)
- Whole life insurance (expensive, cash value, for your entire life)
- Universal life insurance (flexible payments/death benefits, cash value, for your entire life)
For more personalized help, our life insurance advisors are available to answer your questions by phone (1-800-823-4852).
2. Choose the right amount of coverage
Approximately 80 percent of American families possess some life insurance, but most of them acknowledge that their coverage is not enough to meet their anticipated needs.
An accurate evaluation of your family’s needs will ensure that your coverage is sufficient. Use our life insurance needs calculator for a thorough and free evaluation.
3. Find the company that’s right for you
Why do quotes from different carriers differ so much? The fact is that certain insurance carriers specialize in providing insurance to certain market segments (e.g. smokers, seniors). At Wholesale Insurance, we transact with over fifty of the nation’s top insurers. We specialize in understanding each carriers' guidelines so that we can find the company with the best rates possible for you.
Your Next Step…
If you’re ready to move on, you have a few options before you:
- Use our online, automated quoter to instantly compare life insurance quotes from different life insurance companies. Click here to begin
- Learn about the application process.
- Call us at 1-800-823-4852 to consult with one of our advisors who can answer your questions and assist you in finding the best policy.
