As we head further into Fall, Americans look forward to being part of one of our most highly valued sporting events: The World Series. To get to the World Series, the San Francisco Giants and the Detroit Tigers had journeys that spanned almost eight whole months and required plenty of preparation to play for the Presidents Trophy. The same kind of preparation and scouting can be applied also to your search for the very best life insurance solution for you and your family.
In baseball, teams spend hours and hours scouting their opponents. Players and teams are tracked from their Minor League days right through to the end of their career. What kind of pitches does the starter have in his repertoire? Is that batter an inside-out hitter? Where are their strong points? What are their weaknesses? Answers to all of these questions keep the scouts busy for years and then the details are meticulously recorded so that when it comes time for a player to step up to the plate, they know exactly what to look for and expect.
A similar approach can be taken when you are getting ready to purchase life insurance. There are several different types of life insurance to consider: whole, universal, term. Each provide different benefits for an individual. Term life insurance, for example, might be considered as the “fastball”, as it is often the most affordable form of life insurance for individuals of any age to purchase.
It is also important to “scout” the companies that provide term life insurance. Just like hitters may be able to hit a home run right off of certain pitches, so can you get a better deal–lower premium, longer term, more coverage– from one term insurance company over another. Just like in baseball, based on the risks you present, such as age, weight, family history, companies will offer you different policy options. Consider each pitch carefully and then swing for the fences!
Like any major purchase, you should compare your options when purchasing life insurance. Different policies will have different pros and cons, and will be influenced by different risk factors. By using an independent term life insurance agency, like SelectQuote, you can compare different life insurance companies and policies to find the best policy to fit your budget and lifestyle.