Because the products and the structure of insurance plans vary so widely among different insurance companies, MSBA wants to make it simple for members like you to make informed comparisons. Fortunately, MSBA members have an advantage over the general public because attorneys are generally more financially savvy than the average consumer. While each method offers some advantages, the avenue that offers a combination of convenience, affordability and reliability is typically the best insurance value. Buying through the mail Few options can match the convenience of purchasing life insurance through the mail. You initiate the mail order process by requesting a comprehensive information package from the insurance company.
Enrollment is made simple, too.
Typically, you're asked to fill out a brief form and answer some basic questions. After you mail in the application, the insurance company determines your eligibility through underwriting, issues your coverage and collects the premium payment. If you need help, you can simply call the plan's toll-free number to talk with a plan representative. Buying from an agent For many years, the only way you could purchase life insurance was through an insurance agent. Though new avenues for purchases exist today, the traditional agent structure is still integral to the industry.