The Life Insurance Process – Video by www.wholesaleinsurance.net
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From the category archives:
insurance Videos
Do I get a discount on my life insurance if I pay my premium annually? The answer is usually yes. Like other varieties of insurance, if you pay a year in advance you do get a discount. A typical discount (over the price of paying monthly, quarterly, or semi-annually) is between 3 and 5 percent.
Find more information on life insurance premiums at: www.wholesaleinsurance.net/life-insurance/premium-transparency
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Some life insurance companies do accept credit cards, but most don’t. Most insurers that do will allow you to pay only your first premium by credit card. There are but few life insurance companies that accept repeated payments by credit card.
Find more information on life insurance premiums at www.wholesaleinsurance.net/life-insurance/premiums
So how do most people make their life insurance premium payments? Online payments (EFT), direct deposit, cheques (checks), or money orders. Naturally, methods of payment may vary from insurer to insurer, but you’ll likely find most any life insurance company accepts all these forms of payment.
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Shopping for life insurance can seem intimidating at times, but it doesn’t have to be. Let us help you understand the inner workings of the life insurance industry.
In this video we learn about why your rates may be different from others.
There are 7 factors that play into your rate, all meant to determine your “risk.”
- The product type
- The amount of the policy
- Health class
- Height/weight ratio
- Age
- Sex
- State of residence
Check out this quick animated video about Understanding Life Insurance Rates
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Even if you don’t have life insurance, we all have a vague idea of what it is. However, when protecting your loved ones, it is best that you are familiar and comfortable with life insurance and it’s inner workings.
Check out this quick animated video and learn about: What is life insurance and How life insurance works…
More video tutorials to come!
http://www.wholesaleinsurance.net/
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