The above info-graphic outlines an objective flow chart for analyzing competing life insurance products.
What I'm aiming to do is educate the consumer on getting the best option by allowing them to understand the multiple factors involved.
Chicago, IL (PRWEB) February 04, 2014
YourLifeSolution.com is a service which provides instant life insurance quotes on competing life insurance products to users throughout most of the United States. The service is owned and operated by an independent life insurance agent in Illinois named Eric Smith.
YourLifeSolution.com has produced what they hope will be an informative and concise guide which outlines a systematic way for consumers to compare life insurance products on price, versatility and the carrier's financial standing. The agent behind this service believes this will help consumers precisely locate what objectively is the best life insurance offering from the marketplace. Eric Smith had this to say, "Currently, there are two general ways in which life insurance is marketed and sold. One is via a captive agent who essentially has a lack of options and nothing to form a relative comparison, and the other is through the typical quote service which treats life insurance as though it is nothing more than a commodity. What I'm aiming to do is educate the consumer on getting the best option by allowing them to understand the multiple factors involved. This should be rather simple since the typical online consumer is generally more informed than the traditional consumer."
The first step in the info-graphic compares just the rates for equivalent term life insurance policies on the same applicant. The second step highlights the carriers from step one which have an "A+" financial rating. The third step also contains a table which shows which products guarantee conversion to permanent products at the consumer's request. "By taking into account the most competitive rates, the exceptional financial rating and the existence of a guaranteed conversion right within the policy, a consumer can intelligently and objectively see that in the theoretical scenario illustrated, that Savings Bank Life Insurance is the best option for them," said Eric Smith when commenting on the info-graphic.
YourLifeSolution.com intends to produce various pieces of educational material for consumers in the year 2014, such as a website and guide that explains various estate planning strategies and a calculator to assess whether a consumer should invest in permanent life insurance or utilize term life insurance and invest the savings elsewhere.
The said guide can be viewed here http://yourlifesolution.com/lifeinsurancequotes/infog.png.
Consumers interested in instant online comparisons of life insurance products are encouraged to do so by Eric Smith via his website, YourLifeSolution.com.