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Getting life insurance quotes online?

My husband and I want to get life insurance in case one of us dies. When you fill out the quote form online, do you enter your information or your spouse's?

Public Comments

1. You fill out the answers to the questions for the person who is applying for the coverage so you will most likely need to complete the questionnaire twice. I am licensed in many states to sell life insurance, investments and annuities and maybe you reside in one of them. If you tell me your state I'll let you know if my license extends to that location. Good luck.
2. If you're smart, you won't do either. Any insurance website is going to "low-ball" the premium, likely skipping options and underwriting issues that will affect the price. More importantly, life insurance is an intricate financial tool and should ONLY be obtained as part of a comprehensive financial plan through or under the direction of a properly qualified financial planner or advisor. Note: An insurance agent is typically NOT a qualified financial advisor.
3. I think you should enter both details, because when one dies, the other gets the benefit. I recommend calling them up to make sure.
4. you enter the information of the person to be insured. protect the bread winner first. however, i feel that financial planning is something that needs to be tailor-made to each individual as everyone has different background, financial status, priority and needs. talk to someone qualified, like the first answer posted. if you get online, the quote is likely cheaper but in times of claims or when you need to clarify thins, a agent will come in handy.
5. You put in the information of the person you want the quote for but DON'T. Most sites are just collecting your information to sell. As soon as you hit submit 5-10 e-mails go out to different sales people and your phone will start ringing for the next couple of weeks. If you just want pricing before you talk to someone my site has a quote engine that requires NO personal information to use...no phone numbers, names, address, anything. You just plug in your age and state and it'll give you the prices of ~150 different companies. It's a free tool I make available so people can avoid getting scammed and empower themselves with knowledge.
6. I agree with rcdrury. Online application offers limited options; you never know whether you are indeed doing it right and it is hard to complain that you had not understood afterwards. I do suggest contacting an independent broker in your area and have them help you choose from the plethora of options out there (see the link). If you cannot go out for a visit, you may ask a broker to come to you instead. If they are smart, they will gladly do that for you. If you are trying to apply for a plan you have already selected from many options, I still don't recommend doing it online if you can help it. Chances are you will have to visit the company at some point anyway, so you may as well do it now. If you are from Canada, I would be glad to assist you.