Thursday, June 12, 2008

Choose the best policy, online...

“Okay. I’ll admit it was not nearly as romantic as flying her parents and my parents all the way to Goa so that I could walk her to a beautiful plaza and scream at the top of my lungs how much I love this woman while draping a huge string of diamonds around her neck,” says 45 year old Ashish Jain, “But I did score some points for ensuring that if I die unexpectedly, she and our four children could be taken care of without her having to sell the one diamond she already has!”

Mr. Jain had been thinking about getting a new life insurance policy. When his company went through a downsizing and he unexpectedly lost his employer-provided coverage, he felt had to take action quickly.

“I was worried something like this could happen. A friend of mine lost his job and, because of a health problem that was discovered last year, he could not get coverage. That is pretty scary.”

Mr. Jain goes on, “I checked with the agent who sold me our homeowner’s and auto policy, but I was concerned that he could only offer policies from one company. I wanted to get some other options to consider.”

So Mr. Jain went online and started shopping. His search led him to an online agency with a large choice of policy options offered by top-rated companies.

“Unfortunately, Mr. Jain’s situation is quite common,” says that online agency’s marketing director. “We were able to show him quite a few inexpensive options from some of the best insurance companies. In less than 10 minutes we had completed all of his application information and had sent it off to underwriting. We hope to be able to deliver his policy within 15-25 days.”

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