Anonymous
Post 07/26/2013 19:05     Subject: Re:what is the best way to shop for term life insurance
Anonymous wrote:We were in the same situation and we narrowed it down to SBLI, Banner, USAA and Metlife and we are going with USAA. They recently opened it to non-military families. While USAA is a couple of dollars higher than SBLI and Banner, we preferred USAA because it had great customer service. you can also go to AM Best Insurance rating after you find an insurance company of interest and see the companies ratings there. I think USAA had A++ superior. We were also looking for 25 year and not 30 or 20. At 25, it'll be enough to cover the kids through college and a little more time to straighten our finances and only USAA and SBLI had 25 years. I would also call the insurance company of insurance to ask for about the tier below in which they would give you. I heard they would give you the best rate only to find out you don't qualify for that, so I would get the rate they offer and the rate below to get a better idea of coverage. We decided not to go with term life insurance the federal government would have given us because they were a lot more expensive. Good luck!


P.S. I would also check out Waepa if you are federal.
Anonymous
Post 07/26/2013 19:05     Subject: Re:what is the best way to shop for term life insurance
We were in the same situation and we narrowed it down to SBLI, Banner, USAA and Metlife and we are going with USAA. They recently opened it to non-military families. While USAA is a couple of dollars higher than SBLI and Banner, we preferred USAA because it had great customer service. you can also go to AM Best Insurance rating after you find an insurance company of interest and see the companies ratings there. I think USAA had A++ superior. We were also looking for 25 year and not 30 or 20. At 25, it'll be enough to cover the kids through college and a little more time to straighten our finances and only USAA and SBLI had 25 years. I would also call the insurance company of insurance to ask for about the tier below in which they would give you. I heard they would give you the best rate only to find out you don't qualify for that, so I would get the rate they offer and the rate below to get a better idea of coverage. We decided not to go with term life insurance the federal government would have given us because they were a lot more expensive. Good luck!
Anonymous
Post 07/26/2013 17:03     Subject: Re:what is the best way to shop for term life insurance
We do get it through work and can add but not until open enrollment and kind of looked like a hassle. Got an add from AAA. It looked kind of pricy but will check it out.
Anonymous
Post 07/26/2013 17:02     Subject: what is the best way to shop for term life insurance
Term4sale.com

They sell software to insurance companies, not policies to individuals, so the site is remarkably unobtrusive and crap-free.
Anonymous
Post 07/26/2013 16:57     Subject: what is the best way to shop for term life insurance
Often term life is offered through any of your professional associations (any bars?); national associations (AAA usually offers it); AARP offers it but you are probably too young; does your work offer anything? I picked up some term life for a song through the American Bar Association. Even my college has affiliations with agents who will try to get you a group rate by going back through your college or professional school.
Anonymous
Post 07/26/2013 16:53     Subject: what is the best way to shop for term life insurance
Are there any particular sites you recommend? Looking for something on top of our work sponsored plan now that we have a child. Want to make sure the surviving partner would be able to stay in the house etc.