Great Life Insurance Group Review – Life Insurance Quote
Quick Review
Description: Finance
What We Liked:
Important connections with great life insurance companies in the country , Free brokerage services , Excellent supportWhat We Disliked:
noneAll in all, Great Life Insurance Group is a professional team of insurance brokers that can help you find life insurance at low prices. They have important contacts in the industry and they can help you get proper protection be it temporary or permanent. They are a certified company and their services are free and can be accessible to anyone.
Life insurance is an important investment and Great Life Insurance tries to help as many people as possible to find appropriate financial protection for their loved ones. If you are uninsured, do not wait a minute longer! Simply visit the site and see how easy it is to find a life insurance policy!
Great Life Insurance Group Reviews – Life Insurance Quote
othing is more important than the security of our families and loved ones. However, sometimes things happen, things over which we don’t have any control, so it is up to us to make sure that the most important persons in our lives will be secured and happy even after we’re gone. Great Life Insurance Group is an agency that provides affordable life insurance so that everyone can provide the financial security his or her family needs.
Review
Great Life Insurance Review
Great Life Insurance Group is a group of insurance agents who can help clients find term, whole or universal life insurance. It can also help people find long term care and disability insurance. The brokerage company has an official website where clients can complete a questionnaire and receive quotes from various insurance agencies.
Great Life Insurance Group tries to make things easier for the average consumer, who is most of the times discouraged to buy life insurance due to the complicated process. The fact that there are many agencies also complicates things as people do not know which the best company for them is.
Life insurance is an important investment, but it is also very customizable. There isn’t a single policy that works for all the people, so the product is always different. Great Life Insurance has a personal approach for this problem as insurance agents are always available to discuss insurance options with their clients.
After completing a quote, you will be called by a Great Life Insurance Group agent who will present you the best life insurance policies for someone in your situation. Agents are professional brokers who take into account a lot of factors when making suggestions. They will review your application and recommend plans that you can afford and that provide the coverage you and your family needs.
Completing the quote form is simple and it can be done in less than two minutes. First, you will have to enter your ZIP code and your date birth. After, you will get a quote form which needs to be completed with personal details such as gender, name, phone number and e-mail. You will also have to give a few physical details like height, weight and answer two simple questions:
- Have you used tobacco in the last 12 months?
- Do you have any medical conditions?
These are yes/no questions so you do not have to give any extra details. After answering to these simple questions, you will have to choose the coverage type and the coverage amount. You can choose between term, whole, universal, variable and burial life insurance. If you do not know what type of life insurance is right for you, simply select “not sure”. You can select the coverage amount starting from $25,000 to $2 million.
After you finish completing the quote form, you will be able to compare various life insurance policies from different provider. The quotes are received instantly and you will also be called by an insurance agent to discuss your options. If you have any questions about life insurance, you should ask the agent during the phone call. He or she will be happy to explain what life insurance is and how it works. Of course, the insurance agent will guide you through the whole process of finding affordable coverage for you and your loved ones.
Great Life Insurance Companies
There are many great life insurance companies out there which can offer you great deals. But what is the easiest way to find the policies that truly interest you? Great Life Insurance Group offers a solution.
Professional insurance agents will search through hundreds of policies for great life insurance agencies out there just to find the perfect options for you and your family. The best thing about this is that it’s completely free. Insurance agents earn money by selling you coverage and are basically paid through an affiliate program.
Great Life Insurance Group can find you a life insurance plan from big names in the industry like: ING Insurance Group, StateFarm, AARP, Allianz, New York Life, American General and many other great life insurance companies.
An insurance broker does not work for a particular agency! They will not try to promote a certain provider or a certain product. Their main interest s to help you find good coverage at low prices; it does not matter if you buy it from ING or New York Life; brokers will sell you coverage from the agency that has the best offers.
How does life insurance work?
Life insurance is a type of insurance coverage that guarantees a benefit, called a death benefit in case the insured passes away. The benefit is received by someone called a beneficiary, which the insured names when signing the policy. The purpose of life insurance is to provide a financial safety net for family members who cannot sustain themselves financially.
Why is it important?
Only 44% of Americans own some form of individual life insurance. Most people do not buy life insurance because they think they cannot afford it. However, life insurance is a very important investment and 85% of consumers actually agree with this.
Life insurance works like a financial backup or plan B for the worst scenario possible. If a provider losses his or her life, the other family members will be in a very uncertain situation as their household income will be severely diminished. It is best to prevent such a situation by purchasing life insurance.
Life insurance guarantees a death benefit which can help sustain your remaining family members for a period of time. Life insurance is also important for covering burial expenses which can be very costly.
You can decide how much coverage to buy when you sign a policy, but you should always keep your beneficiary’s interest in mind. Before deciding how much coverage to take, take into account your household’s current expenses. A life insurance plan should provide enough coverage to last your family for several months. The premiums will depend on how much coverage you take on a policy, but by Great Life Insurance Group as your insurance broker, you can get good offers from great life insurance companies.
Life Insurance Types
There are several types of life insurance available. You can choose from term, whole or universal life insurance. There are also some variations like disability or long-term care insurance. In this section, we will explain each type of life insurance.
Term life insurance is a temporary policy which can last from one to 30 years, depending on what the insured needs. This life insurance plan provides affordable, yet temporary protection and it is very common. Virtually any life insurance agency sells this type of coverage. The premiums stay the same until the policy expires and if the client chooses to renew the coverage, the premiums will increase. Thus, this coverage is also known as progressive life insurance. A common rule for term life insurance is: the lengthier the coverage period, the higher it will cost.
Whole life insurance is a more complex type of coverage. This plan provides permanent coverage and its premiums do not increase. This plan is naturally, more expensive, but it does provides some important benefits. People choose this type of coverage as they will know for sure that eventually, the agency will have to pay the benefit and their families will receive the benefit. It is also a convenient policy as you do not have to worry about an expiration date.
But the most important feature of whole life insurance is the cash value accumulation account. A whole life insurance plan can actually help the insured save some money by paying the premiums. The policy will take a fixed percentage of the amount the insured pays for premiums and will deposit it in an account where it will build interest, again at fixed rates. After an initial accumulation phase, which can last a few years, the insured can withdraw money from the policy’s account and spend it however he/she sees fit.
Even more than this, whole life insurance offers some interesting features. For example clients can borrow against the policy in case they have financial difficulties.
Universal life insurance combines the savings component of whole life insurance with the flexibility of term life coverage. Basically, this type of coverage allows you to transfer money from the savings account into your policy’s account. This means that in case your savings/investment account is performing badly, you can simply transfer money from it to pay for your plan’s premiums.
The importance of getting an online life insurance quote
If you want to find the best possible life insurance for you and your family, you need to compare life insurance quotes. This is the best way to compare prices form different providers and choose a plan that suits your financial needs.
Comparing life insurance quotes is free and very advantageous. Great Life Insurance Group actually uses quotes to show you some of the best leads available in your area. A great thing about quotes is that the process is mostly automated. Remember the quote form you have to complete in here. Basically you are entering some basic coordinates for the search engine. The software will then select policies based on the data you provided. It is very simple and you do not have to do anything. Just wait and not for long either, as quotes are generated instantly.
The quotes are always selected from great life insurance companies that offer coverage in your area. Most big agencies cover all states, but there may be exceptions and how knows? Maybe the best agency for you is the one in your own town or city.
The pros of using Great Life Insurance Group to find affordable coverage
Great Life Insurance Group is a very professional team of insurance brokers who can help clients find the best life insurance plans in their area. They offer some important advantages which clients should not ignore.
- Important connections with great life insurance companies in the country. An insurance team can provide better services the more contacts they have with insurance providers. Great Life Insurance Group can help you find advantageous offers faster as they get quotes from top providers.
- Free brokerage services. These people will help you find the best possible life insurance plan and do not ask anything in return.
- Excellent support. By searching for life insurance with the help of Great Life Insurance Group, you will always have an agent to talk to about your insurance needs. The broker will make several recommendations and will always guide you through the process of purchasing life insurance. Also, if you get stuck at some point, you can always ask for him or her questions.
The Cons
So far, we haven’t seen any problems with Great Life Insurance Group. They are a legitimate company and their brokers are certified and professionals with years of experience. However, people should not expect them to find impossible policies with very low prices and high coverage rates. You should know that they are not the ones calculating the premiums. Although they can get good discounts for you, they cannot provide you life insurance for free. In some cases, it is possible to pay as little as $5 for a life insurance plan, but the coverage will be lower and probably the duration shorter.
Conclusions
All in all, Great Life Insurance Group is a professional team of insurance brokers that can help you find life insurance at low prices. They have important contacts in the industry and they can help you get proper protection be it temporary or permanent. They are a certified company and their services are free and can be accessible to anyone.
Life insurance is an important investment and Great Life Insurance tries to help as many people as possible to find appropriate financial protection for their loved ones. If you are uninsured, do not wait a minute longer! Simply visit the site and see how easy it is to find a life insurance policy!
Click here for Great Life Insurance Group
