Online Life Insurance Quotes
The ability to obtain online life insurance quotes
instantly has dramatically expanded over just the last few years.
There are significant advantages to getting your life insurance quotes
online, but there are some drawbacks consumers should be aware of.
Advantages
Getting
online life insurance quotes allows you to instantly see the prices
for hundreds of different life insurance plans. You can compare
prices for different term lengths as well as various underwriting
classifications that you may or may not qualify for.
Disadvantages
The biggest disadvantage of totally relying on online
life insurance quotes is that on most sites the consumer must estimate
what health category they fall into. There are over 150 companies
offering these plans and every single company has different
requirements.
Sometimes the difference of 1 pound, or 5 points in a
cholesterol reading will result in a premium that is 30% to 50% higher.
It is therefore very important that you be aware of what the specific
requirements are for a company, before you apply and invest the time in
taking a medical exam.