Is an Online Life Insurance Quote the Best Way to Go?

In today’s digital age, the conveniences of the internet are well known. Online shopping, online movies, e-books, etc. all make getting what you want that much easier. These days, so many people turn to the internet to compare prices and try and find the best deal. Life insurance tends to be a favourite here – but is an online life insurance quote really going to get you the protection that you want? 

Surfing the web for an online life insurance quote may seem like a smart idea, but is it really the best way to go? 

Getting an online life insurance quote may not give you the same level of personal service and guidance that you would get by speaking with an advisor. Pre-made forms that only ask certain questions without probing you to consider what other products and coverage may be relevant to your future goals. For example, how do you tell an online life insurance form what your financial plans are? You can’t. Can you discuss your future goals when getting an online life insurance quote? No. Can an online insurance quote provide you with the answers to your questions or offer advice? Not likely in any great depth. Life insurance is an important investment, and so making sure that you get what you want and need should mean talking with an insurance advisor that can cater your insurance specifically.

Another problem with an online insurance quote is the fact that you can’t really be sure that those quotes being offered are actually for the exact same product. With insurance, so many factors contribute to the building of an insurance policy that it is very difficult to compare apples to apples on an online stage.

Commission rates vary company to company, and so getting an online life insurance quote does not necessarily mean that you are getting the lowest price. That being said, price should not be the only determining factor in your decision to buy – there are many things that need to be considered, and so talking with an insurance advisor will help you determine what those are.

Instead of leaving your life insurance in the hands of a machine, think about why you are getting that online life insurance quote to begin with. If you are looking to purchase life insurance, chances are you are looking for financial protection for yourself or your loved ones for the future.

Looking for online life insurance quotes is not the same as looking for an online car insurance quote – there are many more things to be considered. The best way to ensure that that protection is as it should be is to seek out and speak to an insurance advisor. They will be able to work with you to find the best product to meet your individual expectations and the price for the insurance will be the same. 

For more information about life insurance and why an online life insurance quote isn’t always the smartest option, please contact Independent Financial Concepts Group by calling 416-849-1653 or visit www.wecoveryou.ca.