How to Choose a Life Insurance Company

You've researched different types of life insurance and now you're ready to settle down with a term life policy. With so many life insurance companies to choose from though, how do you know which is right for you? Do you go with the one that offers the cheapest quote for term life insurance? Has an office close to your home? Has bilingual agents? There may be more to consider. Learn more about the various factors that could impact your experience when buying life insurance and maintaining your policy.

Compare "apples to apples"

When getting life insurance quotes from various companies, make sure you're comparing "apples to apples." In other words, make sure you're comparing similar things. The premium is the amount of money the policy owner agrees to pay for the life insurance policy and it varies widely between companies. Why? Some companies' policies have features that others don't and some companies may simply charge more than others for the same amount of coverage. Double check that you're comparing similar life insurance quotes based on your age, the type of policy and policy features, the amount of insurance you're purchasing, and the policy term.

Choose a company that puts education first

The best companies understand that life insurance can feel like a complex topic, and sometimes, it can even be uncomfortable to talk about. In fact, the simple process of applying for life insurance involves answering some pretty personal questions, sometimes about your health history. Look for a life insurance company that prioritizes answering your questions and helping you understand life insurance above making you feel like you have to make a decision "right this second." At Direct Auto & Life Insurance, we offer a helpful Learning Center filled with easy-to-understand information about term life insurance, including topics like What Term Life Covers and When to Buy Term Life Insurance. You can also speak to one of our knowledgeable agents by calling 1-877-GO-DIRECT or visiting one of our more than 400 locations. No question or concern is too silly at Direct Auto!

Look for flexible payment options

Not all life insurance companies offer flexible payment options or multiple ways to pay. If making your policy as affordable as possible is important to you, this is a key area to pay attention to. First, ask about the type of payment methods the company accepts (like pay-by-text, cash, check, etc.). Then, see whether or not your payments can be adjusted to better fit your budget. For instance, can you determine your down payment amount? Can you choose the time of the month you make your payment (like at the beginning or end of the month), and do you have the option to pay in-person?

Pick the best life insurance company for your needs

In the end, the right insurance company for you is the one that offers you the policy you want at a price you're comfortable with. Learn more about the benefits of choosing Direct Auto as your life insurance company by calling 1-877-GO-DIRECT or visiting any one of our more than 400 store locations . When you're ready, you can conveniently get a life insurance quote online or over the phone!

*Individual term life insurance by Direct General Life Insurance Company, Nashville, TN. Policy 58TL02010713. Premium and other terms will vary by state, the insured’s age, and the selected coverage and pay plan.Pay plans are subject to terms and conditions and may not be available in all locations.

How to Choose a Life Insurance Company
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