With hundreds of insurers to choose from, almost anyone can find an affordable policy that at least partially meets their needs.
Life insurance applicants are evaluated individually by insurers.
According to the Insurance Information Institute, there were 841 companies offering life insurance and annuities in the United States in 2018.
4 In addition, many companies offering life insurance sell policies of various sizes and types, and some specialize in catering to particular requirements, such as policies for individuals who suffer from chronic health conditions.
Additionally, there are brokers who are knowledgeable about the life insurance industry and its offerings.
A broker is available to applicants at no cost to help them locate the necessary insurance.
This implies that nearly anybody can get an extra security strategy of some sort or another assuming they look sufficiently and will follow through on a sufficiently high cost or acknowledge a maybe not great demise benefit.
Life insurance isn’t just for the wealthy and healthy. Because the insurance industry is much bigger than most people think, it’s possible to get life insurance even if previous applications have been turned down or quotes have been too expensive.
