Posted on Thu, Sep 29, 2011
We hear from consumers all the time who are confused about life insurance rates and are looking for guidance on how to properly compare rates. The fact of the matter is there is no secret approach. In order to truly select the best life insurance available for your needs, you’ll need to spend the time to shop around and compare.
At Efinancial we have developed a platform designed to simplify this process. When you visit Efinancial.com, you’ll find one stop shopping; allowing you to compare rates from top rated carriers. If you have questions, our licensed life insurance advisors can help assess your needs and select the life insurance policy that’s right for your family and you.
Comparing Life Insurance Rates
Like so many of the purchases we make throughout our lives, simply selecting the cheapest life insurance rate you can find is not always a good idea. Life insurance is designed to fulfill a need which, for many of us, is pretty substantial. The costs associated with funeral expenses and the settlement of remaining debts can add up, this is why purchasing adequate life insurance is so important. As you shop for life insurance, saving money is meaningless if your family is left unprotected.
As you narrow down your options, you may be surprised to discover that there is a large variance in policy rates. Be sure to read policy details closely and check the financial ratings of the insurance companies you are considering. Most consumers consider a solid financial rating a good indicator of the company’s future ability to pay their life insurance claim.
Once you have selected a handful of policies, from companies whom you trust, it is time to do a final comparison and choose the life insurance rate and policy that works best for you. Read each plan carefully and compare death benefit coverage as well as premiums. Be sure to think ahead to your future coverage needs. Life insurance rates increase as you get older, so you can lock in a low rate while you’re shopping around today.
Comparing Life Insurance Rates with Efinancial
As a leading online life insurance broker, we have access to rates from more than 100 of the industry’s top insurance companies. The life insurance rate comparisons on our Web site show the top options available, but we can also quote additional productions and carriers by phone. It is our goal to empower our customers with the information they need to effectively compare policies and rates. In addition we provide a host of tools designed to simplify the process, including our:
Still have questions regarding your life insurance options? We have a staff of licensed professionals prepared to walk you through the rate comparison and purchase process. Please feel free to contact us, we’re here to help!
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Wed, Sep 28, 2011
Many of our customers are surprised to learn that it is possible to find cheap life insurance without a medical exam. Though an exam is required to secure a medically underwritten life insurance policy, there are plenty of no exam life insurance policies available.
At Efinancial we offer medically underwritten policies as well as several options for those looking to secure cheap life insurance without a medical exam. Also known as simplified or guaranteed life insurance, no exam life insurance is a great solution for those looking to purchase a policy without the hassle of undergoing an exam. Individuals looking for coverage of $500,000, or less, can get a no medical exam life policy in as little as 24 hours. Comparing policies from Efinancial can make finding cheap life insurance without a medical exam surprisingly easy, one our most popular no exam life insurance product is NetCoverage.
NetCoverage
NetCoverage offers term life insurance for any budget with as much as $500,000* in coverage, and best of all you can receive coverage in about 15 minutes. Simply answer a series of questions about your health, complete the application and receive your coverage decision – without ever having to speak to an agent. With NetCoverage your premium will be guaranteed and your coverage begins the same day.
In addition to NetCoverage we offer a wide range of life insurance products at a multitude of price points. As you shop for coverage keep in mind that you can request as many life insurance quotes as you like without obligation to make a purchase. So go ahead, begin the process of securing a life insurance policy online today. You may be surprised to learn just how much coverage you can get at exceptionally reasonable rates.
At Efinancial we have helped thousands of consumers, just like you, find cheap life insurance without a medical exam. With licensed agents available, to answer your questions and guide you through the application process, we make obtaining cheap life insurance without a medical exam fast and simple.
Interested in learning more about the benefits of medically underwritten policies verses no medical exam life insurance? Check out the complete article in our resource center, read our blog or pose your questions below; we are here to answer your questions!
We would also like to encourage you to share your thoughts and comments below.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Tue, Sep 27, 2011
Selecting a life insurance policy is an important decision. You want to protect your loved ones, but you need to find a plan that meets your needs and your budget. The best way to ensure that you are making a wise investment is to compare life insurance policies. So just how should you go about this? Let’s take a closer look:
Comparing Life Insurance Policies
When comparing life insurance policies, be sure consider pricing and coverage from multiple insurance providers.
Coverage
Just as there is a wide variety of life insurance providers, there are also lots of options when it comes to coverage. When comparing policies you may be surprised to learn just how many types of life insurance policies are available; twenty year term life, thirty year term life, whole life, second to die – just to name a few. Be sure you review your financial situation and determine which is best suited to your needs. Once you’ve decided which type of plan you need, it’s time to compare life insurance policies from several companies. Consider benefit amounts, policy terms and any other stipulations that may be included.
Pricing
Pricing can vary widely from policy to policy. This is yet another reason to compare life insurance plans. Do not assume that the first quote you receive is the best that you will find. Compare prices from multiple plans before deciding on a policy. There are leading life insurance brokerage sites, like Efinancial, that enable you to compare policies in a single interface. Completing your research online is a great way to view and compare life insurance plans in real time.
Selecting a Life Insurance Policy
Once you have narrowed down your options, it’s time to make a decision. Keep in mind that the cheapest is not always the best. You may be surprised to learn that paying a slightly higher premium can equate to much more coverage, or you may find that your least expensive option provides more than enough coverage. The only way to ensure you’re receiving the best value for your investment is to compare life insurance policies closely.
At Efinancial we review rates from more than 100 leading life insurance carriers and provide our customers with a comprehensive comparison of the most competitive policies available. It is our goal to simplify the process of comparing life insurance plans and help our customers along the way.
Interested in learning about your coverage options and comparing life insurance policies online? Check out our life insurance search engine and compare life insurance policies from today’s leading insurance providers. Refer to our E-Learning Center for articles and tips on selecting a policy that meets your needs.
Questions or comments about comparing life insurance? Please share your thoughts below.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Sat, Sep 24, 2011
This is the first in a series of posts in which we’ll be discussing several of the most common myths about life insurance. As a leading provider of life insurance quotes online, we can help dispel some of these misconceptions. It’s particularly fitting that we’re addressing the myth that single people do not need life insurance in our first post, as it is possibly the most common misconception about life insurance.
Why do Single People Need Life Insurance?
Many young, single Americans are under the impression that life insurance is only for the older population, parents and/or those with high risk occupations. However, life insurance is designed to cover the financial burdens left behind in the event of an untimely death; regardless of age, marital status or occupation. Just what can life insurance do for you? Let’s take a closer look:
Accidents
Most single people lead an active lifestyle, which makes them more likely to experience accidents. The best way to prepare for the unexpected is to purchase life insurance while you are young and healthy. Life insurance rates increase as you get older, so purchasing coverage today locks in a low rate, and gives you the protection you need
Health Risks
Many young adults are genetically predisposed to certain illnesses like cancer or heart disease. In such cases, life insurance coverage can be difficult to secure at an older age. This is why it can be very important to purchase coverage before any health issues arise.
Funeral Costs
Even simple funeral ceremonies can be costly. Life insurance benefits can be used to help cover these costs and save your surviving relatives from the burden of these expenses.
Debts
Many single people carry debts in excess of their personal assets. From student loans to credit cards and car loans, these debts will remain outstanding in the event of your death. Should such a tragedy occur; your life insurance benefits can be used to settle your remaining debts and relieve your loved ones of serious financial burdens.
Investing in Your Future
Certain life insurance policies can also serve as a long-term investment. Cash value insurance policies enable individuals who earn too much money to be eligible to contribute to a Roth IRA the same tax deferred benefits of a Roth without the income limitations. Monies can be invested into one of these life insurance policies and later be taken out tax free.
These are just a few of the reasons single individuals should consider purchasing a life insurance policy. At Efinancial, we have helped thousands of people just like you to compare life insurance online and purchase coverage. We can walk you through the process of comparing policies from hundreds of reputable insurance providers and help you select the plan that meets your needs and your budget.
Stay tuned as we explore more of the common myths about life insurance in our upcoming blog posts. In the meantime, if you’re interested in learning about your life insurance options checkout our E-Learning Center for tips and information on selecting and applying for life insurance online.
Still have questions about comparing life insurance online? Speak with one of our licensed insurance brokers or share your thoughts below.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Fri, Sep 23, 2011
Life Insurance Awareness Month (LIAM) is observed every year in September. Each year at Efinancial, we celebrate this annual event by educating our customers and site visitors about the value and importance of carrying life insurance coverage. We would like to take this opportunity to wish each of you a Happy Life Insurance Awareness Month and to teach you a bit about LIAM.
What is Life Insurance Awareness Month?
The Life and Health Insurance Foundation (LIFE) coordinates Life Insurance Awareness Month annually for Education. The LIFE Foundation is a non-profit organization committed to helping families make educated decisions about their financial futures. . Through campaigns like Life Insurance Awareness Month, the LIFE Foundation helps millions of Americans understand this and other types of insurance, such as: disability insurance, long-term care insurance and health insurance. Designed to bring awareness to the life insurance industry, Life Insurance Awareness Month is bigger than ever in 2011. This year’s celebrity spokesperson is two-time NBA Champion and reality TV star, Lamar Odom. The folks at LIFE will be disseminating lots of great information through this public awareness campaign.
Americans and the Great Need for Life Insurance
According to the Life Insurance and Market Research Association, there are 35 million households in the United States without life insurance coverage. This is roughly eleven million fewer households with life insurance coverage than there were in 2006. This staggering figure speaks to the downturn in the economy as well as the great need for public education surrounding life insurance.
As we celebrate the 2011 Life Insurance Awareness Month, we hope you will take the time to educate yourself and your family about the value of life insurance. Review your coverage and determine if your loved ones would be adequately provided for in the event you should become disabled or pass away. If you have life insurance through your employer, take this opportunity to ask for details on your coverage. In most cases, employer provided life insurance helps cover some expenses but is not comprehensive enough to provide for a family long term.
Interested in learning more about Life Insurance Awareness Month and your life insurance coverage options? Visit the Life Insurance and Market Research Association and the Life and Health Insurance Foundation for Education online for more details. Also, stay tuned as we continue to celebrate this worthwhile event right here at Efinancial.com.
And, as always, please feel free to contact Efinancial directly (1-866-765-4296) or share your comments below. We are here to educate and inform. Happy LIAM from everyone at Efinancial!To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Thu, Sep 15, 2011
September is the beginning of a new season and the perfect time of year to celebrate education. After all, it is back to school time for children, teachers and parents. It is also a month devoted to teaching how important life insurance is to someone just like you. Have you thought about your life insurance lately?
Life Insurance Awareness Month (LIAM)
LIAM is a campaign established by the Life and Health Insurance Foundation to educate consumers on the benefits of owning life insurance. Equally, the Life and Health Insurance Foundation (LIFE) furthers the education of brokers around the country on the insurance needs of millions of Americans. These public awareness campaigns address topics such as disability insurance, long-term care, health insurance and mortgage insurance. September is set aside to provide important information on whole life, mortgage and term life insurance.
Many people are struggling nowadays to make ends meet, and LIFE can help consumers and insurance brokers learn how to fit life insurance into any budget.
Have you had a lifestyle change recently?
Have you encountered a lifestyle change during the past year? For example, divorce, college graduation, job change and a new addition to your family are major changes that affect your life insurance requirements. By reviewing these and other factors with a licensed insurance agent, you will be able to determine if your existing policy is enough coverage to see your family through a tragedy. Life Insurance Awareness Month promotes family discussions and gives you the tools to buy the right amount of coverage at a price that fits your budget. .
Many Americans have never owned a life insurance policy, thinking it is a luxury item. It’s actually a necessity. Consider what life insurance can provide to you –the peace of mind knowing that your family’s financial future is protected, if the unthinkable were to happen.
The resources available during Life Insurance Awareness month will help simplify the process of shopping for Life Insurance. Take advantage of the material offered to you by traditional sales agents as well as websites like Efinancial. These websites allow you to compare policies and rates in the privacy of your own home or office. If you have questions about your current needs, licensed agents are on hand to answer your questions about types of insurance available, rates and companies.
Finally, let LIAM work for you – it is time to dust off the policies and look at them with the help of a professional. Have questions about your life insurance options? Please share them below or reach out to us directly.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Mon, Sep 12, 2011
Buying life insurance online is a topic that leaves many consumers questioning the risks and benefits. In our modern world, we turn to the internet for everything from investments to banking to shopping. Buying life insurance online is yet another way consumers are leveraging the internet to make major purchases from the comfort of home.
There are several leading online life insurance brokers who offer consumers all of the insight and assistance offered by traditional brick and mortar brokerages – from a convenient online interface. Imagine having the ability to review and compare hundreds of life insurance plans, from your home or office. By completing your research online you can evaluate your options and select a plan without the pressure often associated with a live agent.
Just How Safe is Buying Life Insurance Online?
It is important to check the legitimacy of the site(s) you are considering, before buying life insurance online. The site should display an insurance license in your state, though most legitimate online life insurance retailers will be licensed in all 50 states. It is also a good idea to check with the Better Business Bureau to ensure the site is in good standing before divulging any personal information. Finally, be sure to determine which type of site you are considering. There are three distinct types of sites that offer life insurance online: broker sites, corporate sites and lead capture sites.
Life Insurance Broker Sites
Broker sites are hosted by insurance brokerages who offer coverage from multiple insurance carriers. These sites enable you to price compare across many different insurance providers in a single interface.
Corporate Life Insurance Sites
Corporate sites are hosted by a single life insurance company and enable you to price compare only among their own life insurance products. When visiting a corporation site, you won’t be able to see quotes from other companies.
Life Insurance Lead Capture Sites
Lead capture sites often look very similar to a broker sites, but instead capture consumer information which is then sold to insurance companies and brokers. These sites don’t provide an online quote, but you’ll receive phone calls or emails from agents or brokers with multiple quotes for you.
Though each type of site ultimately provides insight into plans and pricing, the shopping experience is quite different. Regardless of the type you choose, to use, be sure any site you share personal information with is secure and again make sure their licensing credentials are clearly displayed.
What Type of Site is Efinancial?
Efinancial is an insurance broker licensed in all 50 states to sell life insurance online. Working with hundreds of insurance carriers we offer a wide variety of whole life and term life insurance products with no pressure or hassle. If you’re interested in buying life insurance online, check out our life insurance search engine and learn about your coverage options.
Still have questions about buying life insurance online? Speak with one of our licensed insurance brokers or share your thoughts below.
To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com
Posted on Sat, Sep 10, 2011
For many consumers the concept of achieving financial independence may seem like a pipe dream. However, it is an attainable goal. Next time you gather with friends and family, take a minute to look around and consider what you have (or have not) done to ensure their financial security.
Ask yourself a few questions. Are you financially stable? Have you invested in whole or term life insurance? By taking a few simple steps, you can set yourself up for financial success and protect your family in the event of your death.
Financial Planning
In order to achieve financial independence you will need to set a financial goal. Forecasting your financial future is a great way to visualize your financial goals and outline a strategic approach to get there. What are you contributing to your 401k and/or your retirement savings? How much do you expect your annual income to grow between now and retirement? If you have an investment portfolio, how is it performing? Asking yourself these questions will help you create a realistic financial roadmap and plan for your family’s future. Talking to an investment professional is often a great place to start. He or she can help you better understand your current financial situation and plan for a prosperous future.
Life Insurance
Life insurance is a key component in your pursuit of financial independence. Whether you’re single or married with children, having adequate whole or term life insurance coverage can protect and provide for your loved ones. Though a difficult subject, life insurance gives you and your loved ones peace of mind. The average American carries significant debt. From mortgages to car loans and student loans, many consumers have financial responsibilities far beyond their monthly living expenses. These debts are left to your loved ones in the event of your death. If you have a spouse and/or children, your debts may become theirs and if you’re single, your debts will be left to your parents and/or siblings. Term life insurance helps alleviate this issue by providing the financial support necessary to settle your debts and cover other expenses.
Achieving financial independence is an attainable goal; it’s simply a matter of taking your financial future into your own hands. By laying out a financial road map and investing in life insurance, you will be well on your way. So go ahead, complete some research, consult a financial advisor and declare your independence. Have questions about your life insurance options? Please reach out to us, we have a staff of licensed professionals prepared to answer your questions and help you make an educated decision.
As always, please share your questions and comments below.To get a
Term Life Insurance Quote or Research how to
Buy Life Insurance Online visit
Efinancial.com