Does Going Through a Broker Cost More Than Dealing Directly with an Insurance Company?

Now, more than ever, consumers are extremely price-sensitive. They are looking for the highest quality products and services that they can afford at the absolutely lowest possible prices. This applies to food, gas, clothing…virtually everything, including life insurance.

Every adult knows how important life insurance individual is. It can protect your family’s financial future if you die prematurely. It can mean the difference between them keeping the home you have worked so hard to provide for them…or losing it (and, worst case, even going homeless). Protecting your family’s financial future also means making sure that they can continue to afford car payments and credit card payments…food…clothing…and, of course, contributions to your children’s college education fund.

Plus, protecting your family’s financial future means making sure that they don’t bear the burden of bills you leave behind for medical treatment, hospitalization or hospice care, as well as your funeral and burial or cremation.

These are all steep expenses. These days, medical treatment or hospitalization alone can cost hundreds of thousands of dollars. Therefore, life insurance to cover these steep expenses must be expensive, right? Not at all. In fact, you may be surprised at just how affordable your life insurance options are. But the only way to find the most options and the best rates is to do comparison-shopping.

Until recently, comparison-shopping for life insurance was a slow, painful process. It required going from one company to the next, one agent to the next, filling out forms, to get a quote from each. But a recent breakthrough makes that process obsolete; it has revolutionized comparison-shopping for life insurance! The key is highly advanced quoting software that makes it possible to get quotes from many different insurance companies all at one time, all in one place. Best of all, using an online, unbiased quoting service is absolutely free of charge and free of obligation.

Insurance brokers still can play an important role. For example, they can help you address questions, if needed. They can offer personal service to help you analyze your life insurance needs and budget. But most people find the online quoting system to be an amazingly easy “virtual broker” that dramatically simplifies and speeds up the comparison-shopping process.

Whether you go through a real-life broker or an online virtual broker, you will find that using a broker nearly always costs less than dealing directly with an insurance company. A real or virtual broker helps you get as many options as possible, weigh those options, and choose the one that is right for you and your family.

That’s because a broker is essentially a consumer advocate, working on your behalf to help you secure the best value on a individual life insurance policy, whether it is a “whole life” policy (which, as the name implies, lasts for your whole life) or a “term life” policy (which lasts for a specific term, such as 30 years). See just how much an online broker can do for you. Use a free, fast, unbiased service such as