Any time is a good time to lock in life insurance if you need it. And the pandemic and economic crisis have spurred an increase in life insurance shoppers, as people look to shore up their overall financial plans.
Whether the pandemic or other life events have brought you to the point of a life insurance purchase, here are top tips if you’re looking at term life insurance.
Price Shopping is the Best Way to Get a Good Deal
Once you’ve decided on a policy amount and length, it’s time to get price shopping. The easiest way is to use an independent broker or agent who can shop multiple companies for you at once.
This is especially important if you have health conditions that will affect your life insurance quotes. Not all insurers will try to offer a competitive price for every medical condition.