Shop for cheap term life insurance online

Reader question:

Why should I shop for cheap term life insurance online when I can just hire a broker?

Gloria

Glad you asked, Gloria.

There are lots of reasons why Americans might not want to shop for cheap term life insurance online. For one, we’re busy. The people who have enough money to buy life insurance usually have too much to do to pay attention to it, so they hire brokers to get the job done for them. But not only can brokers cost hundreds of dollars more, they often only have a limited number of companies in which they can get quotes, and so you don’t get to see what all your options are.

But it really doesn’t take too long to shop for cheap term life insurance online. And it’s very much worth it, considering that many people, after shopping around, find that they are paying as much s two times the amount that they got after shopping around, both in premiums and in broker fees. You have a wider array of choices, and you can often get all of your shopping done in less than an hour on a weekend.

take care,

Fashun