A low-load life insurance company is one of the industry's best kept secret. These insurers sell their life policies with very little or no commission at all. This is a great savings option for those who know enough about life insurance to make decisions on their own.
Insurance agents help you get the best package for your needs. It's only people who have much experience in matters like these that should buy their policy without an agent's hand-holding. Agents do fill a big need.
You'll get very low rates if you buy your policy from a low-load company. A 30 year old woman got a rate as low as $ 200 yearly for a $ 250,000 coverage. But despite the temptation is great because of the low rates, do not go this route if you know little about life insurance.
It's important to note, though, that a number of traditional life insurance companies now offer low-load life policies and they do so through their agents.
The only reason why lthese policies are hot is because they come at a lower rate. But bear in mind that you can get very low rates too by shopping right.
Visiting insurance quotes sites for comparison shopping could help you save thousands. Asking quotes from not less than three quotes sites increase the chances that you would realize more savings. The straightforward reason for this is that you'll get many more life insurance quotes from many more insurance companies. This gives you a broder basis for doing more thorough comparisons thatby increasing your chances of getting more for less.