Online Life Insurance

Unlike car insurance, finding online life insurance is a difficult task. The reason being that life insurance policies tend to be a mix between long term insurance and investments thus requiring a more personalised service. The variables involved in life insurance make the quoting process far more complex.

Several South African companies do provide online life insurance products that are quick to purchase. However these policies tend to be for small amounts and are extremely generic. A good example is the life insurance products offered by Clientele Life.

When selecting a life insurance company take the following into account:

- What products does the insurance company offer?
- How financially stable is the company? (Will it be around when your policy matures or you claim?)
- Do representatives or brokers from this company seem diligent and knowledgeable?
- Does the company have a good name or do lots of people complain about their claims being declined?