In this post I will go over all the ways that you can buy life insurance and then explain which option is best and why.
There are seriously about 5 ways to buy life insurance, and I list them below:
Through an agent (in person)
When people buy life insurance, the first thing they usually think of is finding an agent for to help them get coverage.
They also hate the idea of having to go over things with an agent and back and forth.
The process usually goes like this, you reach out to an agent and they will set up a time to get out to your home and visit you.
When they are at home they go over some products and quotes with you and try to help you complete the application and get the application process started.
After a few weeks you will probably hear back from them about your policy if you have been approved or not.
It is probably the process that takes the farthest out for you to get life insurance.
From your bank
It may happen that you notice people buying life insurance from their bank, but studies have shown that more people buy from their banks as we once thought.
The only problem is that most banks only offer one product and usually do not sell much life insurance directly.
You find yourself buying coverage that you may not understand, and if you go and sit down with a banker, they probably only offer a fixed product at a fixed price.
Buying from a bank does not get you the best product or price for you and your family.
From an agent (over the phone)
This is the area I specialize in that sells life insurance by phone.
I did this for over 1
As an independent agent, I offered several products but also commission-based, so even though I am helping my customers, I still needed sales to live.
This would mean that until you say "El, stop calling me", I would probably keep calling until we got you covered.
Of course, some people loved me, and others exposed me directly to call too much.
Independent agents can get prizes from several companies and can send you an e-app to get the application started.
This will be the second fastest way to get life insurance.
Buying life insurance online is one of the newest ways to buy life insurance.
You can shop and buy life insurance in the same way as we do everything else like shopping at Amazon.
This type of life insurance is sometimes referred to as simplified life insurance or no life insurance, and you can buy directly and quickly.
There is no alternative faster than buying direct life insurance online.
Through Your Job  Your job will usually only give you 1X (times) your annual life insurance income.
So if you make $ 50,000 a year you get a life insurance for $ 50,000, sometimes it will be free, sometimes it will cost.
However, I do not recommend that you have any life insurance from your job as your primary life insurance.
This is because if you leave the job you will lose your coverage and there is usually nowhere enough coverage for your family.
If you make $ 50,000 a year, you should at least have $ 500,000 in life insurance.
I'll put your hands down, the best place to buy life insurance is online, and here's why:
Buy at your own speed
When it comes to buying something as the worst feeling to get is buyer regret, this usually from rushing to a buying decision.
When you buy online, you can buy the policy that works best for you when you are ready.
While you get to buy at your own pace, it does not mean that you should fall to never get coverage.
Get instant coverage
The best thing about buying online is that you can get approved directly for coverage and pay for your policy within 5 minutes.
You will avoid the usual 75 day wait that comes with the purchase of life insurance in the traditional way.
There is no faster alternative when it comes to buying life insurance.
No medical exam
The only thing that has prevented people from enjoying the life insurance process must complement a medical examination.
Buy online allows you to bypass the medical exam, and you do not have to schedule a time with an examiner.
Exam re-examination significantly reduces your waiting time.
If you submit your personal information when trying to obtain life insurance listings, you will probably be calling from over 100 agents.
Trust me, I used to be one of those agents who called you until you told me to stop.
I have an entire article on how to get life insurance listings without phone calls from agents.
Go directly and buy online to avoid all these calls.
Reviews are online
The best thing about shopping life insurance online is that you can check out reviews about each company.
These reviews will go into details of the insurance company and the products they offer.
You can also find personal reviews from people who have purchased to see how their shopping experience went, as well as how the company does with their customer service.
It costs no more
Life insurance rates are governed by the state in which you live.
It will not cost you more money if you buy from an agent or go directly to an insurance company.
So if you are in a situation where you need to talk to an agent, you don't have to worry about paying them for anything.