Personal Life Insurance Quotes

Finding the best personal life insurance quotes is fast and easy online. Get multiple quotes from the best providers in the country quickly and easily.

Get quotes for a single term life insurance policy quickly and easily in one place. You will likely find one or more quotes which are substanially lower than the others. This is because some life insurance providers cater their policies specifically to individuals looking for single, personal life insurance.

As with any kind of financial instrument, it is best to be as informed as possible before you make a desision to buy personal life insurance. When you are searching for personal life insurance quotes, be sure to ask these important questions. If you do not get a straight answer, press the insurer for one until you get an answer that makes sense.

How long is my life insurance quote valid for, and can you guarantee your quote for a certain number of days?

This will give you a chance to hear how confident your potential insurer is about their policy's strength in current market conditions, which is a telling sign of the long-term strength of your policy's integrity. It will also give you time to compare their offer with others.

Do you securitize my policy, and if so, where does the policy go, and are hedge funds involved?

When most insurance policies - including personal life insurance policies - are created, they are often turned into a financial instrument that is then traded in the financial markets. In other words, your policy - both the money you have paid and the future premiums you will pay - are treated as an asset by the insurance company, who then sells or trades that asset on Wall Street.

This is important because if you ever need to track down the current owner of your policy, you might find that it is not in the hands of the insurer you originally signed with. This is also important because if a high-risk trading house like a hedge fund acquires your policy, it risks being lost in the high-stakes game of 21st century derivatives trading.

Who guarantees or insures your policies, and for how much?

This is a question very few people ask but the answer can be an important deciding factor in who you choose as an insurer. Ask them how much insurance their company has, and compare it to other companies to see who will protect your policy better if there is ever a market crash or a run on the banks. This kind of possibility was once crazy to think about or even consider, but unfortunately today it is a real possibility.

What kind of events are not covered in the plan we are discussing?

This is a critical question to ask when purchasing any kind of insurance. Never assume that something is covered. Try to get the agent to be as specific as possible about conditions and circumstances. Always make sure you check first and if possible get it in writing.

If I find a quote for personal life insurance that is better than yours and offers the same coverage, will you meet or beat the competitor's quote?

This is simply common sense comprison shopping that can yield you real savings. The common perception of insurers is that they do not budge with their rates, and for the most part this is true. In the last five years, however, the ease of comparison quote shopping on the internet has compelled many insurance companies to consider rate negotiations beyond the strict parameters of actuarial figures. If you don't ask, you'll never know, so puch them to meet a competitor, and go back and forth a until you get the price you want.