Insurance Life Online Quote Term

There are a myriad of websites where you can get quotes for life insurance online for term and whole life insurance. Since competition for insurance policies has heated up over the past few years, online quotes have become very easy to find.

Finding life insurance online quotes or an online term life insurance quote looks very easy on many websites. All you have to do is fill out a short form with a little personal information and that website will return to you by email their “best” quotes. But what looks easy may not be the best way to get your online whole life insurance quote or a quote for term insurance.

Many websites are affiliate websites for groups of life insurance companies. When you go to their website, all you see is a long list of insurance companies with links to those websites. As you click on one, you are then taken to another website. This does work, but it may cost you more in the long run because the first website is merely a referral website and the owner of that website is in it for the money they get from referring customers to those listed insurance companies. Someone pays for the referral; it will be you in the form of higher premiums.

The best way to locate online whole life insurance or get an online term life insurance quote is to go directly to the home website of a major insurance company, like The Hartford, or MetLife or any other large insurance company. You will then be dealing direct with the insurance company, with no middleman to increase costs.

If you go to some affiliate websites to look for a term or whole life insurance quotes online, you may be asked to fill out a short form and then you will receive several quotes. There is a very good reason you should not do this. Every time you apply for life insurance, your credit record is “hit” with an inquiry. In some cases, another company where you want credit may interpret these insurance quotes as an indicator that you are a high risk person and you will be denied credit, or insurance.

Just make as few inquiries as possible for a quote. The affiliate websites might do so many that you end up with tens or hundreds of “hits” on your credit record for insurance. Then your rates for credit and insurance will go way up. Stick with one or two major insurance company websites for your inquiry or application for whole life or term insurance online.

Finding online quotes for term and whole life insurance is easy, especially if you know the names of some big insurance companies to start with on your search. Working online is a win-win situation for both the insurance company and for the applicant. Everyone saves time and the job gets done faster. There are no meetings; you can fax anything they need. Just be sure any website you use is encrypted for security of your personal information.