Independent Insurance Agents: Pros & Cons

Independent Insurance Agents: Pros & Cons

Independent Insurance Agents: Pros & Cons

Independent insurance agents, unlike insurance agents employed by a large national insurance provider, have access to many insurance companies. Agents who work for a big insurer can only offer you insurance plans provided by their company. Independent insurance agents work for you, and have access to many different insurance companies. They can help you shop comparatively for insurance that addresses your coverage and budget needs.

Pros of Working with Independent Insurance Agents

Members of Your Community Who Care. Independent insurance agents are members of your community. They are small-business owners or they are employed at a small, independent insurance agency. They depend on word of mouth referrals, so they do their best to offer a high level of personal customer service.

Price Shop for You. Independent insurance agents will take the time to get to know you and your personal situation so they can best represent your interests when seeking insurance quotes on your behalf. They will make an effort to understand your driving record, insurance coverage history, marital status and other personal information that they will use to represent your application to the insurance providers with whom they work.

You Are Not a Number. With an independent insurance agent, you are not dealing with a telephone team that changes each time you call. You are more than a file to most of them. They take your business personally and return phone calls and emails promptly.

Help with Claims. Independent insurance providers can provide a helping hand when you need to file a claim. They advocate for you if you are involved in a car accident and need to file a claim. They will help you deal with the claims adjuster, offer support through the claims process and help you deal with the insurance company.  Remember, they work for you, not the insurance company.

Fulfill All Your Insurance Needs. Independent insurance providers often offer a wide range of products to their customers, serving as a one-stop shop for everything from car insurance to business liability insurance to homeowners’ insurance.

Periodic Policy Review. As your needs change, they will help you adjust your insurance accordingly. They also periodically can review your insurance policy to see if it is still serving your coverage needs.

Cons of Independent Insurance Agents

While all independent insurance agents are licensed professionals, just as in any profession, there can be bad apples. But it’s rare to find an agent whose primary motivation isn’t helping customers get the insurance protection they need. You can check your local Better Business Bureau, Chamber of Commerce or online review sites to learn more about the independent insurance agent you are considering.

Ask MassQuotes to Review Your Policies Today

It costs you nothing to call or click us at MassQuotes.  Our Massachusetts Independent Insurance Agents will review your insurance policies to make sure you have the coverage you need at a price you can afford. Contact MassQuotes today for a free, no-obligation quote.

What is Life Insurance?

What is Life Insurance?

Life insurance is a promise to your family that they will be taken care of if you die.

Life insurance is a contract between you and an insurance company. The company pays your beneficiary (loved one) the face value of your policy

Most of us live our lives as though we will never die. We also never plan to cause a car accident, never intend to accidentally flood every floor of the house while we’re relaxing on a beach, and for sure, never get sick.

But we still own life insurance. Still own auto insurance, homeowner’s insurance, and health insurance. Why? Because you can do everything right and still have a really bad day. You can drive safely and still be in a car accident. You can watch helplessly as mother nature deposits a tree on your garage. No matter how strong you are, you can still get sick. And yes, while you can plan to live forever, there is a very small possibility that you could die tomorrow. Buzzkill.

So do YOU need life insurance? People without a car don’t need car insurance, no home, no homeowner’s insurance. But life insurance is a bit different – it has its own purpose, and its focus is on people that depend on you financially.

You need life insurance if…

  • You are a parent that wants to be certain your children are provided for and their college expenses will be covered.
  • You want the peace of mind in knowing your spouse will be supported financially if something happens to you.
  • You do not want to burden your loved ones with end-of-life expenses such as burial costs or estate taxes.
  • You have debts that you do not want to pass on.
  • You have a family business that you want to protect.

Not all life insurance is created equal…

Give MassQuotes a click or a call. We’ll find you the best life insurance with the best companies.

Consumers like simple choices. There’s a reason why 70% of us purchase term life insurance.

Get a quote from us right now.

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Term Life Insurance vs Whole Life Insurance

term life insurance vs whole life insurance

Term Life Insurance vs Whole Life Insurance

How do I know which is right for me?

There are two options when it come to life insurance: term life and whole life. Most people looking for life insurance as a way of family protection are looking for term life.

Term Life Insurance

Term life is offered for a specific term (typically: 10 year, 20 year or 30 year terms) and offers a face amount of coverage. If you die during the term of the policy, the insurance company will pay your beneficiary the face value of the policy.

The longer the term or higher the face value, the more expensive the policy.

Term life insurance is a more pure insurance product than whole life.

Whole Life Insurance

Whole life coverage is designed to provide “permanent” coverage vs. coverage for a specified term. A whole life policy will not expire, as long as premiums are paid.

Whole life policies have a cash value that builds up over time.

Whole life is significantly more expensive than term life insurance.

Compare Term Life Insurance Rates

compere term life insurance rates

MassQuotes allows consumers to compare term life insurance rates at no cost from top-rated companies in seconds.

There is no cost and no obligation.

When you get life insurance companies to compete for your business, you enable yourself to get the best rates.

We will help you figure out the amount of coverage that’s right for you at a price you can afford.

Some of the companies we use to compare term life insurance rates:
Compare term life insurance ratesAmerican General Life

Compare term life insurance ratesBanner Life Insurance Company

Compare term life insurance ratesJohn Hancock Life Insurance Company

Compare term life insurance ratesLincoln National Life Insurance Company

Compare term life insurance ratesPrudential Life Insurance Company

Compare term life insurance ratesTransamerica Financial Life Insurance Company

Compare term life insurance ratesUnited of Omaha Life Insurance Company

Compare term life insurance ratesUnited States Life Insurance Company in the City of NY

Compare term life insurance ratesWilliam Penn Life Insurance Company of NY

Give MassQuotes a call, click or visit. Put our insurance professionals to work finding you the best premium and most complete coverage.

MassQuotes helps you compare term life insurance rates.

Why Term Life Insurance?

Why term life insurance?

term life in·sur·ance

noun: term life insurance; plural noun: term lifes insurance
  1. Life insurance that pays a benefit in the event of the death of the insured during a specified term.

    Why term life insurance?

    Term life insurance is basic, inexpensive and easy to understand. It gives the most coverage at the lowest premiums. That’s why term life insurance is the best choice for almost everyone.

Term life insurance is in affect for a specific period of time, or “term.” Typical policy terms are 10, 20 or 30 years. A term insurance policy is good for a specified period of time; that can be one year, 10 years, 20 years or up to 30 years. Typically you want life insurance for a given period of time. The time your children grow to maturity, the time you mortgage is paid, or until the time a loan is paid up. Pick a term that makes sense to you. If you die during the term, your beneficiaries get the policy face value (death benefit). If you die after the term expires, there’s no payout.

Term policies typically have maximum issue ages. The older you get, the more expensive coverage gets.

So, why term life insurance? Because you want to protect your loved ones in the event that you die.

Term Life Insurance is important.

Term Life Insurance is important.

It makes sense to protect what you value. You insure your car, your home, and your valuables. What about you and your family? Term Life Insurance is important.

Without life insurance, you leave your family open to risk.

If you have a policy in place perhaps you should think about replacing or adding another.

You should review your life insurance every time a major change happens in your life – a marriage, birth of a child, purchase of a house, or starting a business.

Fortunately, life insurance can be surprisingly easy and affordable.

It night be cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

MassQuotes has the most competitive markets for life insurance including Legal & General (Banner Life & William Penn), AIG, John Hancock, Prudential along with many other companies.

It night be cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

Don’t wait another day: Term Life Insurance is important.

Give MassQuotes a call or click to get the discussion started.

Why should I use an Independent Insurance Agent?

why should I use an independent insurance agent?

Why should I use an Independent Insurance Agent? Some people think it doesn’t really matter where they buy their Massachusetts insurance. This misconception is most likely costing them money, service, and protection.

Buying a Massachusetts insurance policy isn’t like buying bread or milk. Insurance is an important safety net for your family, your home, your car and your business.

Don’t treat your purchase lightly!

There are three sources to go to for your Massachusetts insurance protection:

  1. Captive Agents, who sell insurance for only one company.
  2. Direct writers & telephone representatives, who can offer you the insurance of one company, and only on the internet & telephone.
  3. Independent MA Insurance Agents, who represent an average of eight insurance companies, and shop to find you the best combination coverage and price.

massquotes advantage: Massachusetts Independent Insurance Agents:

  • Is a licensed professional with strong customer and community ties.
  • Gives you excellent service and competitive prices because your agent can access the insurance coverage from more than one company.
  • Unlike other agents, your Independent Insurance agent is not beholden to any one company; thus, you don’t need to change agencies as your insurance and service needs change.
  • Assists you when you have a claim.
  • Is your consultant, working with you as you determine your needs.
  • Offers you a choice of Massachusetts insurance plans and programs.
  • Is a value hunter who looks after your pocketbook in finding the best combination of price, coverage and service.
  • Offers one-stop shopping for a full range of products – Massachusetts home insurance, renters, Massachusetts car insurance, business, life and health.
  • Can periodically help you review your coverage to keep up with your changing insurance needs.
  • Treats you like a person, not just another number.
  • Customer satisfaction is the key to a Massachusetts independent agent’s livelihood. So, serving you is a very important concern.

There Is A Difference between Massachusetts Independent Insurance Agents and Captive Agents.

Call or click us at MassQuotes to get your free term life insurance quote. We utilize the power of the independent insurance agent.

MassQuotes: more than just term life insurance

MassQuotes: more than just term life insurance

Some people think MassQuotes is just term life insurance. I’m here to tell you that Massquotes: more than just term life insurance.

MassQuotes offers a one-stop shop for a wide range of products and carriers to support the varied needs of our clients. We work closely with some of the industry’s highly-rated and most competitive carriers for: life, annuities, long term care, and disability insurance!

Some of the top companies we work with include:

Accordia Life
AIG
AXA
John Hancock
Legal & General America
Lincoln Financial
MetLife
Minnesota Life/Securian
Mutual of Omaha
Nationwide
Principal
Protective
Prudential
Symetra
Transamerica
Voya

MASSQUOTES SOLUTION CENTERS –

Life – MassQuotes works closely with our clients and carriers to promote an understanding of our client’s needs. We put together an asset protection plan that fits your family’s strategy.

Annuities – MassQuotes offers to a competitive portfolio of annuity products from top carriers, and assistance in case design and comparing product options to meet your needs.

Long Term Care – MassQuotes dedicated long term team is available to help you through every step of the complicated Long Term Care shopping process.

Disability – MassQuotes supports you in the understanding of disability insurance (DI). We offer the benefits of working with top distributors, including access to a broad array of competitive products from top DI carriers.

So, if someone tells you MassQuotes only sells term life insurance, you can tell them they’re wrong. MassQuotes: more than just term life insurance.

What is Term Life Insurance?

what is term life insurance?

What is term life insurance?

Term life insurance is life insurance that provides coverage at a fixed cost for a certain period of time. After the term expires coverage is no longer in effect.

If the insured dies during the term of the policy, the face value (benefit) will be paid to the beneficiary.

Term insurance is the least expensive way to purchase a large amount of coverage for a specified “term” (typically 10, 20 or 30 year policies).

Term life insurance is the most “pure” type of life insurance policy. Different than whole life, universal life, or variable universal life.

Term insurance is not generally used for estate planning needs or charitable giving strategies but is used for pure income replacement needs for an individual.

Term insurance is used for such things as: family protection, consumer debt, dependent care, education for dependents, funeral costs, and mortgages.

MassQuotes recommends term because it’s much less expensive than other types of life insurance.

Massachusetts term life insurance

Massachusetts term life insurance

Do you have a Massachusetts term life insurance policy already in effect?

If so, you may want to re-apply.

Term life insurance rates are extremely low right now.

If you can get in a more preferred category, extend your policy term, and pay less money, then it may be worth the effort (application & medical exam etc.) to re-apply.

It makes sense to protect what you value.

You insure your car, your home, and your valuables. What about you & your family?

Without life insurance, you leave your family open to risk.

If you have a policy in place perhaps you should think about replacing or adding another.

You should review your life insurance every time a major change happens in your life – a marriage, birth of a child, purchase of a house, or starting a business.

Fortunately, life insurance can be surprisingly easy and affordable.

It may sound cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

Through our network of Independent, Massachusetts Insurance Agents, Massquotes.com offers the most competitive rates from companies such as SBLI and Banner Life along with many other companies.

Please give us a call or submit a quote request if you would like to get rates or discuss.