Life Insurance is something that everyone should have, it ensures your family against "bad" times.Life insurance is like a contract, it pays the insurer a large amount of money in the case of terminal illness or end of life.The insurer has to pay only a small amount. Some Insurances require you to pay follow up sums of money annually.
Life policies are legal contracts and the terms of the contract describe the limitations of the insured events.
So is it worth buying Life Insurance Online?
Nowadays a lot of technological development has occurred and it has become a safe process, so many people do buy Life Insurance online, they also buy air crash insurance, and all other insurances like fire insurance and theft insurance as well.
But I would still recommend the old fashion way, going to the Company and then buying the Insurance, beats all the loop holes and document submission problems of Online Insurance.
Just ask around for tips from those who have already bought online insurance then decide.
Life policies are legal contracts and the terms of the contract describe the limitations of the insured events.
So is it worth buying Life Insurance Online?
Nowadays a lot of technological development has occurred and it has become a safe process, so many people do buy Life Insurance online, they also buy air crash insurance, and all other insurances like fire insurance and theft insurance as well.
But I would still recommend the old fashion way, going to the Company and then buying the Insurance, beats all the loop holes and document submission problems of Online Insurance.
Just ask around for tips from those who have already bought online insurance then decide.
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1 comment:
I think before you buy a life insurance or any insurance for that matter online, you must be very cautious of the insurance company. You have to check if the company is legitimate, if its not a fraud. I think the old fashion way is the best because you'll know that the insurance company exist.
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