Buying a term policy online is different than let’s say, buying a gadget or booking a service, but is easy nevertheless. Follow the below steps to buy a Term Life Insurance Policy Online in San Francisco, CA.
Step 1 – Research
Type the words ‘Online Term Life Insurance in San Francisco, CA’ in a search engine like Google. It will throw up a lot of options. Go through the options. You will find various need analysis calculators which will help you compute the financial value of the resources required to fulfil your needs. Go through various calculators and find out how much should be your Sum Assured and term for the policy. The term would depend on till what age do you want to stay covered.
Step 2 – Window shopping
Yes! You heard it right. Get a quote for Term Life Insurance in San Francisco, CA from various life insurers and compare them by opening them in different windows on the same browser. Just kidding! But a comparison is something that you must do so that you but the best term policy online.
Step 3 – Decide on insurer
Let’s say you have identified a couple of insurers on the basis of their cost. Try getting a fair idea of how they are faring in terms of claim settlements, reputation in the market, financial profile etc before deciding. It’s better to be safe than sorry! You don’t want your family members to be hassled when making a claim.
Step 4 – Make an online payment
After you generate a quote, you will be asked to make a payment, which you can make using your credit/debit card or net banking. You can save the quote and refer to it later when you want to make the payment. Once you make the payment, you will be asked to fill the application form online. You can select the date and time at which you want the medicals to be conducted at your residence or office.
Step 5 – Submit the documents
Submit the documents like age, address and income proof online by scanning the documents and mailing it. Alternately, you may click a snap of the documents with your phone and upload it. That’s it! Once the underwriting process is complete, you will receive your policy bond by post. Neat and simple. Isn’t it? At each step of the buying process, you’ll be assisted over the phone or through a chat window by an agent. You may also choose to complete the process unassisted if it suits you.
If you need to buy a Term Life Insurance in San Francisco, CA you can contact Pennbrook Insurance Services Inc. With a vast knowledge of our many carriers, we are equipped to shop for the best policy to suit your needs. Visit us online at Pennbrookins.com.
