Getting Term Life Insurance Quotes without Personal InformationCoverage
If you’ve ever searched for a life insurance quote online, you’ll have noticed just how much information you’re asked for. You may have even wondered why you need to give so much for just a quote — and what your potential provider is doing with those details.
Why Am I Asked for so Many Details?
In order to get the most accurate quote possible, many coverage providers will ask for a ton of details. They want to know your date of birth, your health history, if you drink, smoke, where you live, your gender — and they often ask for details such as your phone number, address, and your name.
For an insurance provider to give you a coverage quote, they do need some details about you, but they certainly don’t need your name, address, and phone number. These details are often stored on the company’s database, and if you don’t opt out of calls and letters, they can be used to contact you with other offers.
If you’re getting a quote and find there are too many questions for your liking, you should know that there are plenty of coverage agencies these days that won’t ask you so many details. While they will need some basic information to give you an accurate premium price, you’ll be able to get a term life insurance quote without personal information being necessary.
Which Details does a Company Need to Know?
To give you an accurate coverage price, your agency needs to know the following details about you:
- Your date of birth
- Your gender
- Your health condition
- Your ZIP code
- Your smoking status
- The length of your policy
That’s it! Any additional details they ask for are either to refine the quote more precisely or to hold onto for marketing purposes.
Why do They Need These Details?
These particular details give your provider a better idea of you and your health. As you get older, the price of your premium will increase — so it’s a good idea to get coverage sooner rather than later. Women are more likely to live longer than men, which affects your monthly cost.
If you’re in good health, your premium will be lower — and if you smoke, you’re at greater risk of contracting smoking-related illnesses, like lung cancer, which will increase your monthly premium. All these factors working together, combined with how long you’d like your premium to last, help your provider gauge how much your premium will be each month.
Is it Possible to Get a Quote and Coverage without Personal Information?
Yes, it is!
You are definitely able to get both a coverage quote and start your coverage without the need to enter all of your personal details. While you will have to give your provider a few more details, you won’t have to go through the hassle of filling in form after form.
Online life insurance is a great option. Companies who offer this service can usually give you a realistic quote in about 25 minutes as they underwrite it while you’re filling in your details. You can be approved and start coverage in less than half an hour! You can sign up 24 hours a day, seven days a week; whenever is convenient for you.
With online life insurance, you will need to be in good health. If you have any health conditions a provider would need to know about, you may have to go for a medical check with a doctor before you can get coverage. If you’re in average to excellent health and millennial age, you should be able to obtain coverage without the necessity of a health check or having to divulge all of your personal details.
You Can Choose the Details You’re Comfortable Giving
When you’re looking for term life insurance quotes without personal information, you must remember that it’s up to you what you want your provider to know. If you feel they’re asking for too many details for your comfort, it’s okay not to provide the information.
Just be aware that in order to get coverage, you will have to give some personal details,and that falsifying any of your details will void your insurance coverage and is considered fraudulent.