As bombarded as we are with life insurance advertising, it might seem as though it is an easy task to very quickly arrive at a very inexpensive solution to all of our life insurance needs. Well, there’s no doubt that an instant life insurance quote can be found very easily on the Internet or via direct mail advertising, but can you be sure that insurance which you buy in this way is the very best choice for you and your family? After all, you pay into most life insurance policies for decades: is this really a decision you want to make that quickly? Now make no mistake, there are plenty of reputable companies online that you can count on to deliver insurance at a good price. As an example, Kanetix offers the most comprehensive insurance marketplace to compare travel insurance quotes so you can enjoy your vacation. It’s really about doing your homework.
One of the main shortcomings of instant life insurance quotes is the implication that no medical exam will be required in order for you to secure a policy. This can be very attractive to you if you have doubts about your health or even if you’re worried for one reason or another about getting a physical examination. But the very fact that insurance companies so readily offer instant insurance quotes should give you pause as a consumer.
Insurance companies are playing off your fear of an exam or disinclination visit a doctor at all. And by presenting yourself to them through the insurance application as an unquantified risk in relation to your own health, they quite reasonably group you into the “average risk” category. As you can imagine, this will result in higher monthly premiums for a given amount of coverage, even if you are in excellent health. Remember that “average” includes people who will unfortunately pass away at a very young age due to all sorts of health problem, thereby costing the insurer a lot of money. This keeps premiums relatively high for the otherwise innocuous-sounding “average” category.
And so here is the point: this is one of those situations where extending a little effort over a couple of hours could pay enormous dividends over the many years of your policy term. Whether you are thinking an instant term life insurance quote or an instant whole life insurance quote, think again. Be proactive and force the insurance company to essentially give you credit for being in at least average health. Even if you have one or two small health problems, you may still end up paying premiums that are lower than they would be if you opted for the drive-through convenience, so to speak, of a long-term insurance policy commitment based on an instant life insurance quote that locks you into a poor choice.