There are many insurance companies in the world giving their life insurance quote.
It’s pretty difficult to pick which one is the best. What should you do? One strategy that’ll work is to keep switching insurance companies. Any company will make more money by selling to people who are more price sensitive.
A person needing an insurance may be willing to pay high. A person who keeps switching insurance shows that he is price sensitive and hence, he will get a lower price.
Your life is not the only thing you can insure. You can also insure your house and your car. There are many websites offering free car insurance quotes and home insurance quotes.
There are usually two types of life insurances.
Term Insurance
Term insurance is paying the life insurance while betting that you’ll die. You bet $2,000 per year. If you die during that year, you win, say, $1 million dollars. If you don’t die, there goes your $2,000.
Life insurance has a major drawback — You get to die first before you can get your money. So many insurance companies combine life insurance with some form of investment. Is this a good idea?...