Landon Kane

Do not buy life insurance until you know what you are getting into. In addition to talking to a licensed term life insurance agent, here are 3 reasons shopping for great deals on term life insurance experience may be a bigger headache than you realize.

1. Most of the brokers represent the same group of term life insurance companies.
2. Many of the websites you see are lead generation tools that sell your information to multiple agents. How many calls/emails/letters/post-cards do you want to get?
3. Many of the legitimate online term life insurance brokers are affiliated with a term life insurance company –  their quotes are accurate but they’ll sell you on the company that pays THEM the most!

If you want to avoid the headaches and hassles of these three items follow these steps:

• If you want to get term life insurance quotes from multiple sources, compare the life insurance companies the insurance agents represent before you request quotes from multiple term life quote websites.
• Read the fine print on their site. They all disclose in one manner or another what they do with your information, if they don’t leave.
• Check your local auto and homeowners insurance agent for discounts related to having multiple policies.
• Ask your bank, credit union, or financial adviser. Their relationship with a term life insurance broker could be what you need to get an honest deal.

If you can’t find one or need tips on which are legitimate websites go to www.lifehappens.org or ask a friend.

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