Sandeep Behl
Development Officer, LIC


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You used to have to schedule a meeting with an insurance broker to discuss such matters in his office.

He selects a web site from those the search engine provides.. These sites all use essentially the same tools, a sophisticated quoting software that utilizes the power and speed of the internet to access the insurance rate information of practically all insurance providers. And that broker typically represented one insurance provider. And they do it by comparing the rates from as many as 100 insurance providers at once in order to quote the customer the lowest rate. Today, there are at least a dozen sites on the internet that can be found by using any of the popular search engines that are insurance rate quote sites.

How is it that web sites exist today that provide term life insurance rate quotes to a visitor in less than a minute. That's not how our parents did it.

The site will perform a comparison of the rates of all of the providers and supply the lowest rate to the person who requested the quote. The user conducts a search for term life rate quotes.

From the user's point of view, here is how it works.