Introduction
Term life insurance quotes can now be found on the internet mostly, but the classical methods to obtain them are also available. Let’s see the advantages and disadvantages of finding those quotes both in the online and offline environments.
History
At the beginning of the insurance industry, the companies offering those options only offered term life insurance quotes at their land based offices. The clients had to walk to those offices, and if they needed to obtain term life insurance quotes from more than one company, they had to find the offices of the respective companies. it was a long and annoying process, but as the government introduced the mandatory life insurances, the clients were obliged to find those quotes.
Later, the agents and brokerage companies appeared. Those agents walked from house to house, knocking at the doors of potential clients to offer them term life insurance quotes. This way, the clients were able not only to sign the life insurance contracts at their homes, but also to compare the offers of more than one company. The interest of the agents was to offer as many options as possible to the clients, and this is why they preferred to work with many companies at the same time.
Features
Soon, this method of promoting term life insurance quotes became annoying for the clients. As the system was successful, more and more agents appeared to the doors of potential clients, so those clients were annoyed. It is normal, as long as you have already signed a contract of this kind, and the agents continue to appear at your door with more “incredible” offer. This system was used for decades, and only when the internet appeared, clients benefited of a new and modern method to obtain term life insurance quotes.
Tips and comments
At first, people had their circumspections in obtaining term life insurance quotes online. The first sites offering such services were rarely updated, and even the insurance companies avoided this service. However, as the technology advanced, people were able to obtain term life insurance quotes easily from the online environment, whenever they wanted. The sites offering term life insurance quotes can be considered as online brokers and agents, with the only difference that they won’t knock at their door. From this point of view, it is the most elegant and simple method to obtain such quotes.
Sure, the companies still need to keep their land based offices to offer term life insurance quotes for the eldest clients that are still not used with the internet. However, more than 40 % of the life insurance contracts are now signed with the help of an internet broker, and it is expected for this percentage to grow even more.
The online term life insurance quotes companies showed their reliability with different occasions, and now the clients can benefit of a great interface to communicate with the insurance companies. Moreover, those online brokerage companies are also able to offer guids and advices that are really helpful for the potential clients of the insurance companies.
