What should the insurance quotes reveal?

I make it a point to visit Wholesaleinsurance.net at least once in a fortnight. Of course I don’t buy any insurance scheme every 15 days. I am sure none would do that. I like to stay updated with any change in insurance quotes from all the major players, especially the ING and the Prudential insurance who are my favorites.

I am neither an insurance agent nor a consultant though people approach me to consult whenever they wanted to invest safely in financial products.

Once, my sincere advice benefited a distant relative of mine who was not actually doing well. Since then the word spread and I too developed a liking for financial product analysis. That is how I got interested in the life insurance schemes offered by all the major insurance companies.

I got the hang of hidden (not so obvious) charges and insurance agent-friendly points by looking at the difference in premium quotes from insurance service providers. Any change would make me study closely.

Email me if you ever need a friendly advice on life insurance schemes.

How to decide on the period for life insurance?

The most difficult question that arises when we are contemplating to take a life insurance policy is ‘how long do I need coverage’. This applies to all irrespective of the age.

The next question would be what type of life insurance is the best for us. Yes, there are a few types of life insurance that we are all not aware of, though the benefit is the same.

Here are three types of life insurance:

1. 1. Term Life Insurance

2.2. Whole Life Insurance

3. 3. Universal Life Insurance

Not all countries offer all of them; better check it up with your life insurance broker. In case, if they are available, you need to know the features and benefits of all the three types of life insurance.

I have learnt valuable information on wholesaleinsurance.net, where you can also compare offers from different life insurance providers and decide accordingly.

For the latest news on insurance rates.

True to their word, they are insurance specialists indeed! When I forwarded the insurance quote to my friend, I thought he will appreciate my kind gesture. I imagined he is a novice in matters of life insurance because he is very young. He married a doctor only a week ago.

His email reply me took me by surprise. It indicated that he is not only well informed but also knows where to buy his life insurance policies.

In his email he quoted several pieces of articles from insurancespecialists.com on life insurance for persons over 50. Those samples spoke highly of the website and it revealed a true concern for elderly people who have not insured their life.

I called him up to express my appreciation and gratitude and did not fail to ask him why he had sent those article samples. He gently reminded me that I turned 50 six months ago and I have no life insurance till date.

Cheaper term life insurance quotes.

Here it goes again. I have to go through the trauma of renewing my term life insurance by this month end. This is a reminder that I am aging fast and approaching almost the final term of my career that started 27 years ago.

Now, I must again apply for medical examination and then start the process of perusing several term life insurance rates from all the top life insurance providers.

There are new entrants in this field and that has added to the competition which means cheaper quotes and some fringe benefits.

Though I don’t expect to my husband to outlive me, he suggested I change the nominee and proposed my son’s name.

But many things depend on the medical examination report. Tomorrow is the dreaded day of waiting in the doctor’s office.

What is your favorite life insurance cover?

One of the most difficult jobs for a parent whose son or daughter just got employed is to ward off the life insurance agents who beg to give them an appointment. I wonder how they get to know whenever there is new prospective client is available.

Why don’t they realize that it is easy for anyone to get insurance quotes online from several resources that make the decision easy? By comparing insurance quotes, one can choose the best life insurance cover and thus save money too in the bargain.

But it is not always easy to deny the insurance agents requests. Sometimes, we have to oblige a friend who happens to be an insurance sales man.

Did you notice that whenever you are thought of taking one more policy, one of your friends or relatives would have approached you for a favor because they recently started their insurance business?

The other side of life insurance rates.

Even though I have a long relationship my life insurance agent, the questions I asked this time when he came up with a new proposal, put him off guard. He simply was not prepared to face my newly gain insight on several aspects of life insurance that include life insurance rates, how they are determined, the actual cost to the insurance provider, why life insurance companies borrow and how underwriters extend financial assistance to insurance companies etc.

He hesitated a lot in answering my questions which indicated his lack of knowledge on he subject. He admitted that insurance sales men need not possess such in-depth information as their area of expertise involves only in selling the insurance policy and answering questions related to the policies alone.

But I don’t agree with his views because who then will answer my questions. After all, some one has to!

The life insurance rates quoted by various online insurance agents act as guidance only; the other factors that I wanted to know may also be more important.

Are there advantages in Universal Insurance?

I don’t believe in the popular concept that one should insure his life if he has dependants. Life insurance is mainly a financial protection for the self. At least that is how I view it.

When you are contacted by knowledgeable insurance agents, it is wise to ask about the advantages of taking a universal insurance before policy before asking about life insurance rate, the top priority for every first time investors.

In my opinion, it is very easy to get cheap life insurance rates but finding the best insurance policy should be your first objective.

Not many are aware of the advantages of universal insurance when compared to term life insurance. First, it is advisable to get all the facts about universal insurance and then request free insurance quotes.

Dig the internet for universal insurance. You will be glad after educating yourself.

Full insurance coverage from day one.

Why people insure their life? It is only for the sole reason of leaving behind some money to their family in anything untoward happens. So, everybody or almost everybody is basically selfless. I am bringing up this subject because a news paper article really bothered me. Oh, well, for get it.

An insurance company that was started more than century ago (1951), has introduced life insurance for kids which one can buy for just $1. The special feature of this policy is, there is no waiting period whatsoever. The full coverage starts on day number 1.

And no medical check up is required.

The charm of getting to know the full details of this unique offer will spoil if you read everything in this blog-right?

So, go ahead, click on the link above to know more.