4Quotes Life Insurance

We are truly an independent insurance agency and can sell almost any policy from any insurance company.  We have found that some companies provide superior customer service and better underwriting.  What good is a policy that you can't qualify for.  We shop the market for the lowest rates for you.  Save your time and money by using our service.  No agent can find a lower rate for term insurance.

THE TRUTH ABOUT INSURANCE

Term life insurance prices are set by the insurance carriers.  The cost of term life insurance is based on:

• the insurance carrier,
• policy coverage,
• the amount of coverage
• term of coverage
• your home state,
• your sex (most states),
• your health,
• your family's medical history
• your occupation (if dangerous), and
• your hobbies (if dangerous).

No agency can get a lower price for you but an agent can search the available policies from a database (they vary but all have the major companies) and find the cheapest policy which you qualify for. 

We will use our underwriters to shop for the best value for you without providing personal information which could be entered in an insurance database (the Medical Information Bureau).

Please be honest and as accurate as possible on your application so our quote will be upheld by the insurance company.

WARNING:  Make any check you write payable to the insurance company.  There is never a reason to write a check payable to any insurance agent.

Buying Life Insurance

Don't buy more insurance than you need.  Insurance is designed to replace income lost due to death.  It is not a lottery ticket for your family.

If your single with no mortgage or responsibilities you may not need insurance or just enough to cover final expenses.

If you're planning to get married, start a family, buy a house, sent the kids to college you may want to plan ahead.  When you are young and in good health your insurance will probability never be cheaper for you but stay within reason.  A small long-term policy may get you started.

Don't buy a policy that restricts payment to death under defined circumstances. You want insurance to protect your family regardless of how you die.

Don't skimp on life insurance. But remember that people with no dependents may not need life insurance at all. To estimate the amount of a life insurance policy, estimate your surviving  dependent's living expenses if your income is no longer available.

Most experts estimate that most people need insurance valued at between five and ten times your annual income.

We are located in Florida and have licensed agents in all 48 continental states.  We can help evaluate your needs and make recommendations for you to review but the final decision is yours.


Richard Goldstein
Goldstein Life Insurance and Annuities
d.b.a. 4Quotes Life Insurance and Annuities
2879 SW Bear Paw Trail
Palm City, Florida 34990

richard@4quotes.net

Term Life Insurance

• First you need to determine that you need life insurance.  Term insurance is available in 5, 10 15, 20, 25 and 30 year terms.  Not all periods will be available for all age groups in all states.
   

• Determine how much insurance protection you need.
   

• Decide how long you will need this protection.  If you need insurance for a limited time term life insurance is the cheapest solution. 
   

• Only consider policies that guarantee that the premium will not change for the entire coverage period.  Some only guarantee the price for a few years.  The peace-of-mind a fully guaranteed policy is worth a slightly higher premium.
   

• You can estimate premiums for your age and health with our online quote page or that offered by another service but we all sell the same insurance at the same price.
   

• DO NOT BE MISLEAD BY AGENTS CLAIMING A 60, 70, OR 80% SAVINGS.  An agent may quote a rate for a non-smoker in perfect health and compare it to the worst rate for some that age.  In truth all independent agent sell the same insurance at the same price determined by the insurance companies. We use underwriters to evaluate your application and determine where best to place a policy based on your health and family history to provide accurate quotes and the lowest possible rates.
   

• We shop your insurance without providing your name to the insurance company.  This way no negative information is entered into a central database (MIB) which almost all insurance companies use.
   

•  We hope to earn your business with our personal service, forms delivered online, and detailed follow-thru.
   

• Deciding on insurance coverage and choosing a term, provider and guarantees appropriate to your circumstance is confusing and time time consuming.  We will reduce your burden and provide personal support throughout the process.

Term life insurance pays if the covered person dies within a specified period.  That period can be 5, 10, 15, 20, 25 or 30 years.  This may be long enough to pay your families continuing and future expenses until the mortgage is paid, the children have finished school and/or your retirement benefits become available.

You pay an insurance premium monthly, quarterly, semi-annually or annually for the entire term of coverage.  You can stop payments and cancel the policy at any time until the end of the insurance term. 

Unless converted to a permanent policy as allowed by some policies, all insurance ends when the policy expires.

A permanent, whole life policy, has no expiration term and will not expire as long as the premiums are paid until the insured dies.  This means there is no chance of out living your policy and the insurance company will always pay the policy amount to the the specified individuals or trust.  A permanent policy also builds cash value which earns interest.  Because of the cash value and the guaranteed payment a permanent policy is much more expensive than term.

SUMMARY: Term life insurance is the cheapest protection available.  It is usually best to purchase term life insurance for the period of protection you need.  The money you save can be invested or used for necessities.

People with estates or large incomes may find permanent insurance great for tax planning but unless you consult with a tax advisor we suggest term life insurance.

NOTICE:  All information is maintained as completely confidential and is not used for any purpose other than providing insurance. Our records are never sold or rented to any firm for any purpose.