’d like to buy a 1 million dollar life insurance policy for myself to protect my family and dependents should I die unexpectedly. I already know to get a term plan and avoid the other trappings that insurances may offer. Now the question is how do I do this? More inside
I’m a 30 year old man looking to get a 1 million dollar insurance policy. I have looked at the following brokers such as those on AccuQuote.com and SelectQuote. At work, I was offered a policy sponsored by the National Teacher’s Association Life Insurance
company, a small insurance group with an A- rating. I took them up on their offer of 250k insurance for 26 dollars per month. However that still leaves me with a 750k shortfall.
My question is this: Where do I go to get a no hassle 1 million dollar life insurance policy. I want to pay as little in broker’s fees and am willing to undergo whatever underwriting medical procedures they want to use. I am in good shape, non-smoker and am risk-averse, hence the policy. There is a family history of diabetes and heart disease. I am not on that course yet as I try to take care of myself by running and exercising and not eating too much saturated fat.
So the hive mind, what do I do? Whom do I turn to? The AccuQuote
people want me to sign up with Banner Life Insurance Company based out of Rockland, MD. Is this a good idea? Should I just set up an appointment at Geico
or Mutual of Omaha. Will going through directly to them get me a better deal. Explain it to me like i’m a (weird) 10 year old. Any recommendations and past experiences welcome. Please help!