Insure.com’s editorial staff analyzed the insurance market and found a number of newer, online-only life insurance companies. Read on to know more about online life insurance companies of 2022.
Chris Kissell is a Denver-based writer and editor with work featured on U.S. News & World Report, MSN Money, Fox Business, Forbes, Yahoo Finance, Money Talks News and more.
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Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.
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In the past six years, the preference to buy a policy online has grown to 31% of all shoppers, according to the 2022 Insurance Barometer study by LIMRA and Life Happens, two life-insurance industry research groups.
“Consumers now have the benefit of purchasing life insurance on their own time,” says John Carroll, senior vice president and head of insurance and annuities at LIMRA. “It’s within their control and they can choose to talk to someone if they want — or not at all.”
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