Comparing Florida life insurance quotes online is now a very simple process. With a little sound advice, we can provide you with the knowledge and confidence you need to make a smart buying decision.
Learning how to secure the lowest rates and find the best plan design for your specific needs is just a few paragraphs away
There has never been such a high degree of competition between the life insurance companies as there is today. This makes shopping the market for Florida life insurance quotes easier than ever before. Here are some excellent tips to put you on track and save you a lot of time. The effective way to do this is to compare all the carriers on a side to side basis. You can compare the best life insurance quotes from all the most trusted life insurance companies quickly and easily.
Life insurance companies are competing hard for your business
The internet is your biggest asset that will allow you to compare the best Florida life insurance online. The insurers have to endure the heavy competition which leads to having them lower rates. The modern quoting engines display each companies rates side by side. There will be no question pertaining to what carriers have the lowest life rates. Here are some of the major cities that have shown a lot of new life insurance purchases by their residents.
There is Miami, Fort Lauderdale, Orlando, Tampa, Jacksonville, Key West, and Miami Beach. We also have Fort Myers, St. Petersburg, Naples, Sarasota, Boca Raton, Daytona Beach, Clearwater, Pensacola, Gainesville and your capital city of Tallahassee. Many residents of Florida have been taking advantage of the lower rates due to competition and people living longer.
Why should you purchase your life insurance from an independent agent?
Independent life insurance agents do not work for life insurance companies like the captive agents do. They have the advantage of representing many different companies to make sure you can receive the lowest possible rates. The independent insurance agents simply work for you and not an insurance company.
All companies process and underwrite their applications differently. This means they can vary in price from one company to another. Every company will have their own prices and they can sometimes very quite a bit.
Quoting rates go up with every year you get older!
If you are planning on purchasing life insurance, the best move you can make is apply and lock in your rates asap. Whatever you do, don’t procrastinate. Waiting like so many people do will only cause you to pay a higher premium. I see people procrastinating on a regular basis. Most people wait too long to buy life insurance. When you wait too long you will always pay higher premiums.
There is an old saying called “he who hesitates is lost”. When it comes to buying life insurance, he who hesitates “pays more money”. The older you get the higher the premium will be until you lock in your rates. Most of the companies determine your age by your closest birthday.
Medical conditions, hazardous occupations and sports can have a negative effect on your rates
If you have pre-existing medical conditions, a hazardous occupation or a dangerous sport you can still receive low cost life insurance quotes. But the company you apply with has to be the one that will be the most applicable for your health history and lifestyle. If you have any serious medical conditions, we normally perform a simple medical pre-screen at no cost.
This is to make sure we choose the correct company for our applicants specific needs. We do not want any surprises later on as the weeks go by during the application process. Nobody like surprises especially when it comes to buying insurance. Finding out later it will cost more money will raise anyone’s blood pressure.
No Medical Exam life insurance is a good choice for people with medical conditions
Some of these medical conditions I am referring to could be high blood pressure, high cholesterol, heart disease, Cancer, Diabetes, AIDs, HIV, height & weight, ALS, Crohn’s Disease, Depression, Anxiety and many others. The life insurance company you are going to apply with has to be the most applicable choice. The company that is most forgiving with your particular medical issue, will enable you to get the best rate class. Even if you are classified in a high risk life insurance category, you can still secure affordable rates. The no medical exam plan designs may be just the ticket for you.
Some occupations can effect your rates
Hazardous occupations could be observed as farmers & ranchers, high voltage power line repairmen, loggers and lumberjacks, commercial divers, iron workers, waste disposal workers, truck drivers and a number of others. The carriers have to take you occupation into consideration when they calculate your rates. Each company is going to have a different outlook on what they refer to as dangerous occupations.
There are two basic types of life insurance policies to consider
The first policy type that I am sure you already heard of by now is the low cost term life insurance plan design which is a temporary form of life insurance. It usually is available with a term period on 5, 10, 15, 20, 25 and 30, year term periods. Term life insurance can also be purchased with a version that requires no medical exam.
The coverage will stay in force for only a specific period of time. You have conversion rights with term life insurance. If you convert the policy to a permanent plan design but the premium will go up. Sometimes you may find the premiums will not be affordable when converting. Carefully choosing your term period, is very important. Read our blog post on universal life insurance to learn more about this excellent permanent life insurance product.
Choose a longer term period to play it safe
You are always better off having a longer term period because you don’t know what the future holds. This is better than converting the policy or having no life insurance at all when it expires. Outliving your life insurance becomes pure profit for the insurance companies. I see people outlive the life insurance almost everyday. You can always cancel your insurance if you no longer need it. Outliving life insurance stems from people that were given poor advice when they first applied. Careful consideration and proper guidance from a qualified independent agent is very important.
Simple telephone applications are the best way to apply
Telephone applications are the newest ways to apply and they save a lot of time and make it very simple for the applicant. Most people have always dreaded the task of completing a lengthy papers. We still offer paper applications for people that feel more comfortable applying on paper. About 95% of our applications are completed using the quick and simple SnapApp application system. Read our blog post concerning understanding the application process for more information.
Most of the highest rated companies also have the best rates
Some of the companies with the most competitive rates would be Banner Life, Protective Life, Transamerica, SBLI, AIG American General. Also, we should mention Lincoln National, Genworth Financial, Minnesota Life, Voya and quite a few others. The largest percentage of the companies we use have an A+ rating with the A.M. Best reporting agency. All the life insurance companies underwrite their applications differently. Using the most applicable carrier for the applicant is critical so you receive the lowest rates.
Life insurance has never been a one size fits all type insurance product. A life insurance company that will work out great for one person may not work out as well for another. A persons age group, tobacco use and even their requested face amount can make a substantial difference. We create custom quotes for each perspective applicant.
Take advantage of our websites quoting system and compare the best Florida life insurance quotes in less than a minute
If you are ready to start comparing plan designs and premiums. You can use our quote engine to begin comparing the lowest rates from the most competitive companies in your state. All of the best life insurance quotes are displayed on our modern instant quoting system. We can help give you a more accurate quote over the phone if you have any health concerns.
Where is the best place to shop for Florida life insurance quotes?
In our humble opinion, right here with our agency which has over 25 years experience. We are partnered with all the most competitive companies in the nation that have the lowest life insurance rates. We can literally guarantee consumers the best life insurance rates possible because we always shop the entire market to find the best rates possible.
What companies normally have the lowest rates?
There are many excellent life insurance companies you can choose from. The best life insurance company is going to be the company that offers you the lowest rates. This will depend on your specific information such as age, health, occupation, and lifestyle. We work with over 40 top rated companies. Here is just a basic list of some of the best ones.
- Banner Life
- Protective Life
- John Hancock
- American General
- Principal Financial
- Lincoln Financial
- SBLI (Savings Bank Life Insurance)
If you would like to see what your specific rates would be, use our free online life insurance quote engine by simply completing the form and pressing the submit button.
Purchasing Florida life insurance is a simple process
With modern technology such as instant online life insurance quotes and telephone applications. Purchasing life insurance is a quick and easy process. Always remember that life insurance rates are regulated by law. Feel free to contact us 7 days a week for answers to all your questions with no cost or obligation.
All the best,