What Is Direct Term Life Insurance?

Perhaps the easiest way to understand direct life insurance is by using its other name – DTC, or direct-to-consumer. As this phrase implies, we’re talking about a term life insurance policy that you buy directly from a life insurance company or agency—usually online—without going through an insurance agent or other type of intermediary.

Before we go any further, here’s a quick explanation of life insurance, direct or not: A “term” is a type of life insurance that gives you a certain amount of coverage for a set period of time, usually 10, 15, 20, or 30 years. It is an easy-to-understand, affordable type of life insurance that provides financial stability and helps you protect your loved ones during the years when they need it most. (For a detailed breakdown of how life insurance works, click here.)

The fact that term life insurance is so simple is one of the reasons why applying for it makes sense for many. While there are types of life insurance that may be more difficult to navigate without professional help (such as whole or permanent life insurance), the term isn’t usually one of them.

Applying for life insurance online directly from an agency or insurance company is simple, convenient and affordable. Here are some other advantages:

Speed ​​- if you want it

For many people, the biggest attraction of direct life insurance is that you can usually check off your to-do list fairly quickly. Just answer a few questions and create a personalized quote online from an agency like Haven Life, which offers term life insurance issued by MassMutual and its subsidiary CM Life. If you like what you see, you can apply online, and if approved, you can start life insurance coverage that day.

Direct Life Insurance also allows you to apply for life insurance coverage at your convenience. If you want to get quotes for different levels of coverage, talk about options with your partner, or just sleep on it for a while, you can. no one will call you and harass you; There is no pressure to buy a life insurance policy. You can go at your own pace, and do it when it’s convenient. Is Sunday night the best time for you? Well, the internet never sleeps. Direct life insurance allows you to do this whenever you feel it is appropriate.

Minimal guesswork

Often with a direct life insurance digital purchase experience, the insurance company or agency takes your application information and reviews it in real time to offer you a personalized rate. Now, there may be some changes to the life insurance rate once you get a medical (if you need one), but overall, the rate from the digital buying experience is fairly accurate (if I’m being honest while viewing life insurance quotes) and practical. application).

You are not alone, unless you want to be

If you know exactly how much coverage you want—say, a 20-year life insurance policy worth $500,000—you can apply for it in a matter of minutes. On the other hand, if you are unsure of the level of coverage best suited to your needs, Haven Life has an online life insurance calculator that can help you determine the appropriate amount and length of coverage, based on your circumstances (including, but not limited to, your salary, and your You depend on them, and what you want your policy to cover.) This can also help you determine if you’re comfortable with, perhaps, a life insurance premium without the hassle of talking to a sales person.

There are no obligations or embarrassment

With direct life insurance, while the algorithms are very complex, they don’t have feelings. So you can get as many quotes as you want for your chosen coverage amount before making a decision. This helps you find the best life insurance policy, premium, and coverage amount at your own pace. While there are humans behind Haven Life hoping to choose a Haven Term policy, ultimately they just want you to have the type of life policy coverage that provides financial stability for your loved ones. There are no obligations, just choices.

And choice, in the end, is what direct life insurance is all about. You can choose the best life insurance coverage that you want, when it is convenient for you, and you can go straight to the source to get it. Think of Mubasher as a way for you to get life insurance on your own terms.