Posts tagged ‘comparison websites’

Whole Life Insurance Quotes

When it comes to finding whole life insurance quotes, you will want to find the cheapest available. Whole life insurance is beneficial for those who are much older or need to take out a policy that stretches longer than most term life insurance. However, it is the more expensive option and takes some time to find reasonably prices.

Use Price Comparison Websites

One of the best things that you can do to get whole life insurance quotes is to go to a price comparison website. There are plenty available and it will cut down the amount of time it takes to search for a policy to suit the needs that you have. The main benefit is that you put I your details once and the comparison website will search all of the different insurance companies available.

The quotes will then be offered in a table form, which will allow you compare the prices easily. You will also be able to click for more details into the insurance policies to find out the full details, which is another factor to consider while searching for your options of policies. This will help to ensure that you are getting your money’s worth; sometimes, it is worth paying a little more for a lot of extra benefits.

Go Directly to the Companies

Another option available is to go directly to the insurance companies. This something that you may need to do when the companies are not on the price comparison websites and is also something to do once the original quotes have been given. This could help you save a lot more on your life insurance premiums.

The benefit of going to the companies directly is that you cut the middle man out. Price comparison websites will charge a commission for the searches and this is sometimes added onto the policy premiums. However, you can bypass this by going directly to the companies and asking them for a quote. You will also be able to offer extra information that the price comparison websites do not ask for to help get a lower quote.

Never Pay for Quotes

Something to make a note of is that you should never pay for whole life insurance quotes. No legitimate company will charge you for a quote and no company will force you to sign up to their company after getting the quote. This should set off alarm bells if either of these come up. Click away from the website and go to another one.

If you are visiting a company’s site that you know is legitimate, you should double check the web address that you have entered or clicked on. Make sure you go directly to the company or the price comparison website and that the web address is what you expect. If you find anything different, there are high chances that you are on a scam artist website.

Look At Insurers You Are Already With

One option is to go to an insurance company that you are already with for another type of insurance. This could be your car insurance, home insurance or medical insurance. Most companies will offer different types of insurance and not just one type, and you may find that you get a loyalty discount by signing up for your whole life insurance with them. However, always ask for a quote and find out whether another company can offer less.

There is nothing wrong with haggling to get a lower quote. Phone a company and explain that you have found a cheaper option. They then have two options; either lower their quote or lose your custom. Most companies will want the customer base so will be able to lower the quote – any custom is better than none at all.

Take your time when looking for whole life insurance quotes and remember that this is not the only type of insurance available. You should also look at other types of insurance to make sure you get exactly what is needed. At the same time, it is also best to check the policies to make sure that they are worth the money being paid or whether another company is able to offer a lot more for a small amount extra.