Finding You the Best and Least Expensive Life Insurance
Protect With Insurance is one is the best Arizona life insurance broker agencies. Even though we are located in Arizona, we service outside of Arizona as well. But for those of you that are in Arizona looking for an Arizona life insurance option, we are your one-stop-shop!
We only work with the best and least expensive life insurance companies not only in Arizona but the country as well. The way we do that is we use a specific criteria to determine which are the best and deal with those companies only. We consider their ratings, their longevity and the quality of their customer service as well.
Dealing Directly With The Best Life Insurance Companies
If you are looking to go out and deal directly with insurance companies and you want to find out who are the best and least expensive life insurance companies out there then there are a number of factors you have to consider.
So where would you start? How would you go about it? Is there a whole category of things you need to be looking at?
First of all, the companies you deal with have to be A-Rated life insurance companies. Insurance companies that are rated B and C rated life insurance companies present a very high risk because you can’t be sure they will be around to pay off the policy you purchase from them, whether it’s a whole life or term life insurance.
Life insurance company ratings are essentially the opinion of an independent agency regarding the financial health of the insurance company it rates. A.M. Best, Fitch, and Moody’s are three independent agencies that rate the financial strength of insurance companies. While these reports can be very insightful as to the insurance company’s credit rating, they are considered an opinion, and ratings of the same insurance company can differ among rating agencies.
It’s important to note that each agency has its own proprietary rating scale and rating standards, as well as its own population of rated companies. And although each service uses an alphabetical rating scale, an A+ from one agency may not mean the same as an A+ from another.
For example, let’s take a look at A.M. Best. This popular online service allows you instant access to an insurer’s financial rating and, consequently, their ability to meet financial obligations to its policyholders. Their particular rating process involves reviews of a company’s balance sheet, operating performance and business profile, including comparisons to industry standards. It includes six ratings.
An insurance company’s credit rating indicates its ability to pay policyholders’ claims. Imagine paying your life insurance premiums for years and when your family needs it the most, the insurer isn’t able to keep its promise. As a consumer, you have the right to know the financial stability of the life insurance company that you’re placing your trust in.
There are plenty of AA rated life insurance companies out there to choose one. That way you know that your loved ones will be protected upon your death. You don’t want to buy an expensive insurance policy that promises all kinds of benefits that fall apart years before you die or fails to pay out upon your death.
Choosing the Best Life Insurance Policy For You
The next step is to choose a solid life insurance policy that will meet your needs. It’s not just the death benefits you are looking for. There’s also policies that provide living benefits, policies that
actually benefit you while you are alive and you deserve to be benefited.
You’re paying for these policies. There are living benefits that benefit you. Living benefits can save you tons of money while you’re alive.
There can be circumstances where the policy provides a pay out to you while you’re alive. That’s a big deal if you’re looking at a large term life insurance policy.
Imagine you have a term policy that expires in 20 years or 30 years and it’s a $200,000 policy. if it’s not a return of premium policy, when it expires, you don’t get any of your money back.
But let’s say something happens to you during the term of that policy where the life insurance company has to pay you most or all of that $200,000.
It’s important to have these benefits built in. You deserve it, your family deserves it. You’re paying for the policy. So these living benefits cannot be underestimated. They’re very, very important. Along with the living benefits you also want the highest health rating possible.
This is very important to you because you can have more living benefits built in with a higher health rating. You will also have a lower price. There are a bunch of other benefits as well that start immediately.
Other things that make for the best life insurance coverage are full coverage policies. That’s a given. You want that rather than something that’s just medical or something that’s just accidental or just has part of the medical part of the accidental.
You want a full coverage policy and a lifetime lock on your benefits.
You don’t get that with a term policy but with most whole life insurance policies you do. So if you can, you want to lock in those benefits, lock in the price and lock in the coverage for your whole life, no matter how long your life is going to be.
That way you don’t have to worry about the policy running out or the price going up and the coverage going down or your living benefits, going away.
Also of course the policy has to be within budget. That’s a given. You don’t even want to touch it if it’s not. If it’s not within budget and it’s going to put you out then it’s you just can’t do it. You could lose everything you put in if you can’t make the insurance payments.
Your policy has to be sustainable. Ninety percent of our clients are on a fixed income. This is a very important. It’s a hot topic and we spend a lot of time just making sure that it fits your budget.
This is what we at Protect With Insurance do for all our clients. We do all the leg work We already have all the contacts and a networks of the best life insurance companies that we regularly work with. We do not rest until we get you the best coverage you can in consideration of your budget, health and needs. We are here for you and strive to meet your expectations, no matter how high they are.
Finding Least Expensive Life Insurance
Our job is to get you the least expensive policies with the most coverage. How do we do that? How do you do that?
What we do is we shop a huge network of A-Rated life insurance companies until we find the right one and the right price for you.
We shop these for you, depending upon your needs, the category of the life insurance policy you are looking for and of course your health status. The beautiful thing is that when we shop this large network of insurance companies it’s going to get your price down because within this network of the highest quality and the best life insurance companies, we’re going to be able to pick the companies that are going to give you that preferred health rating and get you the least expensive policy based on your needs.
Let’s say you’re a smoker but you think that you’re probably going to quit smoking in the next three to four years. Well, we can actually start you with a nonsmoker rate, which gets your price down about 30%, sometimes 40% lower in price. It’s a huge deal. That’s a price locked in for the rest of your life. We have access to that because of our network of A-Rated life insurance companies.
There are many other benefits that we can offer you as well and that’s just part of the entire life insurance package. Because we tend to get the highest health rating for our clients, we are able to get the lowest priced policies with the highest coverage for you.
This big old network of life insurance companies that have that highest health rating allows us to find the perfect match for you, get a preferred health rating and bring the price down. The higher health rating you have the better deal were can get you. That’s a very good thing. Your price comes down down, down. The higher the health rating , the lower the price.
Plus, we can get you the living benefits you deserve as part of the deal. all those living benefits and all these other things that are offered for you.
Protecting You and Your Loved Ones With Insurance
Protecting your loved ones upon your death is a scary thing to think about but it’s important thing to take care of now. The world has become a scary place with the Covid-19 pandemic killing people left and right. The last thing you want to do is leave them with nothing when you pass. Even leaving them with the expense of paying for your funeral can be a catastrophic event.
We at Protect With Insurance understand the seriousness of this all important issue so many families face daily. many are living almost check-to-check or on fixed incomes. A tragedy like the death of an un-insured
That is why we are here to protect your family with insurance that will cover everything from regular life insurance, to burial insurance and even mortgage insurance should you become incapacitated or die before the mortgage is paid off.
And if nothing else, please reach out to us. Ask us a bunch of questions. if nothing else, we can get you a quote. So I hope this has been helpful. Take care.