Early Retirement & Financial Independence Community - View Single Post

chinaco · 11-20-2008, 03:10 AM

I am pretty sure you can buy term online. If you want Whole Life or UL.. you may need to go through an Agent.

IMO - I would buy term if I were in the market for Life Insurance.

The biggest question is: how much life insurance do you need? And how much are you willing to pay. Balancing out those two will provide you some key insight.

Personally, I would only buy Life Insurance from a Triple A company (rated tops by 2 or more rating agencies) that has strong net worth and is conservative. Life insurance is a long-term contract... you will want a company that can last.

11-20-2008, 03:10 AM	#6
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 3,052	I am pretty sure you can buy term online. If you want Whole Life or UL.. you may need to go through an Agent. IMO - I would buy term if I were in the market for Life Insurance. The biggest question is: how much life insurance do you need? And how much are you willing to pay. Balancing out those two will provide you some key insight. Personally, I would only buy Life Insurance from a Triple A company (rated tops by 2 or more rating agencies) that has strong net worth and is conservative. Life insurance is a long-term contract... you will want a company that can last. __________________ Planned FIRE Summer 2011 Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.