We give three names to consumers because no one can guarantee that any one agent gives the best advice. The only way for a consumer to make sure that they are getting good advice is to get more than one opinion and compare what the different agents are recommending. That's true no matter what kind of product you are buying.
Nicholasville, KY (PRWEB) March 24, 2006
In 1998 Compulife Software, Inc. launched a web based term insurance comparison service called “Term4Sale.” The web site is the most objective source of rate comparisons for term life insurance. http://www.term4sale.com allows comparisons of over 125 life insurance companies. Compulife is committed to including every term policy available in the market, regardless of how it is sold.
Term4Sale's website is very fast and easy to use. The service is free to consumers who do not have to disclose who they are in order to compare insurance premiums.
For more than 23 years Compulife has provided term life insurance comparison software to insurance agents/brokers. Agents pay Compulife an annual fee to obtain Compulife's more powerful agent software together with regular term rate updates. The Term4Sale website uses the very same term data that Compulife provides to agents.
Compulife president Bob Barney emphasizes that neither Compulife nor its wholly owned subsidiary Term4Sale, Inc. receive compensation from the sale of any life insurance policy. Barney argues that this makes Term4Sale unique and the most unbiased source of term insurance price comparisons found anywhere on the Internet. By comparison most insurance comparison web sites are operated by those who sell insurance and who have a stake in the outcome of an insurance sale.
Term4Sale urges consumers to buy term insurance from agents who use the Compulife comparison software. Barney believes that a comparison minded local agent can provide both competitive products and personalized service at no additional cost.
Consumers can obtain the names of three Compulife subscribers at the click of a button at http://www.term4sale.com.
Barney explained, “We give three names to consumers because no one can guarantee that any one agent gives the best advice. The only way for a consumer to make sure that they are getting good advice is to get more than one opinion and compare what the different agents are recommending. That's true no matter what kind of product you are buying.”
Agents and/or their employers earn money through the commissions already built into the price of policies. Premium rates are set in advance and filed with insurance regulators. Premium rates are not negotiable. Regardless of how a consumer buys the policy, the insurance company has built the sales costs into the premiums.
Barney explained, “Some Internet insurance services suggest consumers can pay less by avoiding an agent. Consumers need to know that no one can sell life insurance without a state license. Therefore, whether a consumer deals by phone or in person they are dealing with an agent.”
Barney argues that if consumers can't save money based on who they buy from, then it makes sense for consumers to take advantage of a local agent's personalized service.
Compulife subscribers are listed free at the web site. Those wanting more than a free listing can purchase additional listings for a nominal fee of $1 per month per listing. Compulife requires the agent to be either a local phone call or toll free phone call from the zip code that they are listed in.
http://www.term4sale.com provides further information and advice to consumer about what to consider when buying term life insurance. The web site also provides complete details of how agents are listed at the site.