Shopping for term life insurance quotes doesn't have to be a process that you dread.
But many people avoid it because they're afraid of the time or hassles of getting quotes.
Here's the quick and easy way to do it.
The first thing you want to do is determine how much term life insurance you need, and for what length of term you think you should be covered.
You can get a pretty good idea by estimating what expenses your family would need to cover if you were gone, and add that to all your debts and future expenses such as college education.
You'll probably want to subtract out any other benefits your survivors would receive such as Social Security, other life policies and your spouse's income.
Now you're ready to go quote shopping and the easiest way to do it is online.
Why? Because you want to get at least three life insurance quotes so you can compare costs.
When you shop for life insurance online, you can visit the Web sites of different life insurance companies and enter your information for a free quote, then wait for a response.
No need to look up phone numbers, or wait on hold for an agent.
Even faster than visiting individual company sites is to go to a comparison site.
This would be a Web site that allows you to enter your information into a quote box once, and then generates three or more competitive quotes.
Most of these sites work with different life insurance carriers, life insurance agents, or other services so you can get a good idea of your best value.
Just be sure to give the same coverage and term information for each quote to get the most accurate comparison.
And don't be afraid to ask questions about a policy, coverages or a company's financial stability.