how can i compare all life insurance products of all companies?

Answer 1

DO NOT SHOP ON PRICE alone. Check ratings. Only do biz with A+ rated companies or above. Also choose a company that gives you a personal agent. Never, ever, ever buy online term. I have seen many people burnt this way. As a rule , you need 7-8x your annual salary in life insurance. Buy term, and max out a Roth IRA each year. Also buy a final expense plan 8-10k. Good luck!!!

Answer 2

Well, comparing ALL companies products means, getting a copy of each policy form and reading it. Good luck on that, as any particular policy also has the capability of putting riders on it to change some of the terms and conditions.

This is where having an agent helps - they shop around, get you 4-6 quotes, and do a comparison FOR you. Then they sit down and explain it to you.

Answer 3

First, find out your purpose of buying life insurance.

Second, read and understanding the foundamental of various types of life insurance, for example: term insurance, whole life participating insurance, whole life non-participating insurance, investment-linked insurance, etc.

Third, analysis the advantages and disadvantages of each product based on your situation.

Forth, find out which riders or supplementary benefits are allow to attach to the insurance and suitable to you. For example: Long term disability income is allowed to attach to investment-linked insurance BUT not term insurance, etc.

Fifth, find out how much can you afford (the premium) per year

Sixth, ask your professional agent or insurance broker to search for you based on your need.

Finally, make a decision.

Answer 4

it could be very unwise to objective and learn actually all existence insurance products from all businesses. There are thousands of businesses offering existence insurance; it could be an impossible activity to learn each and each product from each and all and sundry of them. rather, ask your friends and relatives in the event that they advise the insurance corporation they use. touch their brokers and ask for a quote. There are additionally web pages that may assist you learn the charges provided by using multiple businesses, yet use such sites with warning, as they might no longer grant valid preparation and would trick you into giving own preparation which could be used to thieve your identity.

Answer 5

Life ins is simple. You pay premiums untill you die and then your beneficiary receives the money tax-free. It isn't like health ins. where there are so many factors to consider.

Agents can direct people to the company that pays them higher commissions.

As an independent agent, I have a search engine with about 20 companies that bid your business. I can just pick the lowest rate.

You need to decide what you need. Get enough term ins to cover all your debts and to leave enough for the family for one year's living expenses. Don't forget college.

Get a permanent policy for final expense and to leave money tax-free to heirs.

Answer 6

Try Mangal Keshav Group ( The Wealth Managers)
e-mail : [e-mail]

Answer 7

calla lic agent which also deal in mutual fund and ask him broucher of your interested comapny lic shemes. Or buy a book from market that is a so called guide which is available for lic agents!

Answer 8

Create a proforma, a matrix with columns for values: fill the form, and do value analysis! remember to get the facts and figures right!

Answer 9

Practically not possible.
You can make big chart.
You can contact source for further assistance

Answer 10

just do it online