Login or Sign up
Start Now

Three Reasons You Need More Than One Life Insurance Opinion

Written by Aaron Pinkston, Tue, Dec 22 2009

Recent Postings

Featured in Alltop The Yakezie Challenge

Topics

 

A while ago, I started giving out the advice that you should get more than one life insurance quote. This was even while I still sold insurance. Was I crazy? Was I cutting my own throat by encouraging people to hunt down my competitors?

Maybe I am a bit off my rocker. But my advice to get life insurance quotes from multiple agents is still sound. Here are a few reasons why.

  1. Competition is good for people like you looking to buy life insurance.

    2. Competitive market places are really great for shopping and comparing. The tougher the competition, the better for you. That is especially true if you can benefit from competing life agents without being in the middle of them.

    Through a little friendly competition, you benefit from the more naturally strong life insurance solution. The best choices float to the top and are easy to see. Much like natural selection helps our best attributes live on, competition naturally improves your life insurance choices.

  2. Competition is good for insurance agents.

    3. It’s been said, “only the strong survive”. With life insurance agents, that is a good thing.

    Frankly, there are some agents who would do better in another profession. By forcing agents to compete against each other, the weak and the strong separate. In fact, the good agents become better by competing. They learn through each competitive insurance interaction. Stepping up their game helps you and them be better life insurance agents.

  3. No single agent or company knows all your options.

    4. Any life insurance agent can give you a quote, but no agent can give you all quotes. Not even another life quoting website can show you all your options. I know there are some that claim to show hundreds of different companies, but they do not have access to those companies’ underwriting guidelines. By showing you those quotes, you can be assured some do not apply to your specific situation.

    Instead of guessing what a lot of companies would offer you based on basic information. It is better to be more certain by interacting with agents who are familiar with multiple companies’ underwriting requirements. By getting quotes from multiple agents who represent multiple companies, you can be more confident in the choice you make.

So get your life insurance quotes from a bunch of different agents. If you know how to do that in a single place without having to contact an insurance agent... you are probably already here.