I'm also in the "bought a stupid whole life mistake policy, etc etc". 10k in, worth 5. I've been working to get a new term policy, etc, but I've been thinking:
Has anyone bought life insurance online?
I've noted that SoFi sells it online. I can buy nearly everything else I need online - why have someone in the middle? I understand the need for an agent if something is complicated, but for a vanilla 20 year term for $X, can this actually be done without someone in the middle? Has anyone managed to easily do this online, without having an agent? (I also prefer to avoid an agent, because I can't stand the monthly/annually calls to check in, and upsell, etc). GEICO doesn't bother me, they just provide a service, entirely online. I am all for using an expert when one is needed (e.g. my doctor, my dentist, my pastor, my mechanic, my plumber).
Has anyone bought life insurance online?
I've noted that SoFi sells it online. I can buy nearly everything else I need online - why have someone in the middle? I understand the need for an agent if something is complicated, but for a vanilla 20 year term for $X, can this actually be done without someone in the middle? Has anyone managed to easily do this online, without having an agent? (I also prefer to avoid an agent, because I can't stand the monthly/annually calls to check in, and upsell, etc). GEICO doesn't bother me, they just provide a service, entirely online. I am all for using an expert when one is needed (e.g. my doctor, my dentist, my pastor, my mechanic, my plumber).
Comment