It seems so simple, you would think it would be perfectly obvious. Online “information processing” is, practically speaking, what the Internet was invented for. The Web is tailor-made for shopping for the best insurance policy. Where else can you plug-in a few details and, within a few seconds, have your request rocketing across the Web on its way to a variety of insurance underwriters, each competing for your business? Then, with no pressure and with complete privacy, you get to make a sensible financial decision from the comfort of your desk chair or couch.

Here’s why the online insurance quote is the better idea whose time has come.

1. One application. Multiple bidders. Online makes you a kind of savvy broadcaster. You broadcast the fact that you are in the market for, say, life insurance. The insurance companies who are listening for your broadcast are tuned in to your frequency and respond with a matching quote in return. Now that’s good reception. No static at all.

2. The lowest price. Who doesn’t want to get to the bottom line, and fast?  Talk is not cheap when it takes hours to get a straight answer. Online is simply the least expensive and the premium you will be quoted will be the lowest, plain and simple. Since online is the most efficient channel for user direct, point-to-point communication, the savings are baked right in. Insurance companies know you are looking for a low price, not a visit from a salesman. Online cuts costs to the quick.

3. Your needs, not theirs. Ever hear the term “longtail” search in relation to Internet product inventory? It means you can find the exact merchandise in the precise size, color, texture and features you are most interested in. In a word, it’s called “Better Selection.” Online you can find just what you’re looking for.

4. Answers to your questions. There is also no shortage of information online. So you can find the frequently asked questions and the instant answers you want to almost any topic you have in mind. There are even online insurance calculators to help you pinpoint how much coverage you will need.

5. Full-service. Instead of just one line of insurance, from one company, at one price, the best online insurance company offers you choices when it comes to your other insurance needs. Auto, health, homeowners, renters, business, you’ll get the referrals you need. If they can’t help you with every form of insurance, they will tell you who can.

What’s been your experience with online insurance shopping?

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It’s a deadly statistic. The top two causes of death in the United States are responsible for more than 50 percent of America’s annual death toll. If that doesn’t “hit us where we live,” this just might — where we reside in the U.S. has a strong correlation with how we will die.

The Center for Disease Control and the National Institutes of Health break out the 15 most common causes of death as follows:

1. Diseases of the heart   28.5

2. Malignant tumors   22.8

3. Cerebrovascular diseases   6.7

4. Chronic lower respiratory diseases  5.1

5. Accidents (unintentional injuries)   4.4

Know these Leading Causes of Death and Where They Occur >>>>

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I’m sure you’ve read this quote before: “The unexamined life is not worth living.” Socrates said it when choosing whether to testify about his own life, even in the face of a verdict that could mean certain death.

One of the wisest examinations we can make as financial providers in today’s world concerns both life and death. It’s a Life Insurance Audit.  Times change, children get older, the financial status of our homes, cars, and investments change. Insurance is not one of those things that is a one-time, “set it and forget it” proposition.

As unpleasant as the prospect of leaving your loved ones may be, it is also an inevitability. A Life Insurance Audit is one way to make sure you are still getting the value you want and the financial benefit that others will depend on in your absence.

Ask yourself these worthwhile questions about your current policy.  Can I get the same coverage for less than I am now paying and put more money back in my pocket? Can I increase the benefit my family will receive for the same premiums I am now paying?  Can I extend my coverage to last longer without it costing a fortune?

As advocates for consumer education and consumer purchase options, Efinancial has put in place the tools and materials to put you “in the know.” but even more importantly, Efinancial makes it possible to audit your life insurance about as quickly as humanly possible. Just use our easy, insurance quote request form and you can compare your life insurance coverage, rates and term to policies from not just one, but many of America’s top insurance companies.

You won’t find a more objective or more efficient life insurance examination than with Efinancial. That’s because unlike most insurance agents we’re not here to sell you any one policy or any one company.

As Socrates said, an unexamined life is not worth living. But an examined life insurance policy is worth living with and living well!

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The New York Times’ runaway bestseller, “Freakonomics,” was a worldwide sensation that sold more than four million copies in 35 languages and changed the way we think about number-crunching and socio-economics.

Now, the distinguished writing team of  University of Chicago economist Steven D. Levitt and journalist Stephen J. Dubner has released “Super Freaknonmics: Why Suicide Bombers Should Buy Life Insurance.” The mix of sharp thinking and great storytelling uses the same no holds barred, street-smart approach to exploring societies ills, asking (and answering) questions like” “What’s the best mathematical way to catch a terrorist?” “What do hurricanes, heart attacks and highway deaths have in common?” Or, “Why are doctors so bad at washing their hands?”

Illustrating the statistical science of datamining, the authors showcase research on how economists use information to both unearth and debunk startling trends in society. They examine whether TV has caused a rise in crime? Or whether hospital emergency rooms can do more harm than good for the average patent? Or whether  eating Kangaroo save the planet?  One such case study looks at the efforts to identity terrorists from a databased standpoint by looking at personal financial trends, including life insurance, to tell them apart!

Spoiler Alert: Read Why Suicide Bombers Should Buy Life Insurance >>>

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A Life Insurance Trust is an irrevocable, non-amendable trust which is both the owner and beneficiary of one or more life insurance policies.

Upon the death of the insured, the Trustee invests the insurance proceeds and administers the trust for one or more beneficiaries. If the trust owns insurance on the life of a married person, the non-insured spouse and children are often beneficiaries of the insurance trust. If the trust owns “second to die” or survivorship insurance which only pays when both spouses are deceased, only the children would be beneficiaries of the insurance trust.

In the United States, proper ownership of life insurance is important if the insurance proceeds are not to be subject to  federal estate taxation. If the policy is owned by the insured, the proceeds will be subject to estate tax.  To avoid estate taxation, some insureds name a child, spouse or other beneficiary as the owner of the policy.

Learn more about the usefulness of Life Insurance Trusts >>>

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When thinking about life insurance coverage, a central question for parents is “How much does it cost to raise a child?”  The U.S. government has answers.

Middle-income U.S. parents of a child born in 2008 can expect to spend $291,570 for food, shelter, and other necessities to raise that child over the next seventeen years, up from the 1960 low-low price tag of $25,230, and $204,060 in 2007, according to a  report from the U.S. Department of Agriculture (USDA).

Read more on getting the right Life Insurance coverage for your family >>>

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If you work at a desk job these days, you may be risking a lifestyle that is far too sedentary for your own longevity. The elevator-serviced amenities of the modern office mean we’re getting less exercise. Match that with our breakneck pace workaday schedules,  fast food lunches and a stressful commute to and from the workplace. These factors challenge even  today’s office worker to safeguard their physical fitness as well as their fiscal fitness on the job.

Still,  there are far more dangerous jobs than office work. There high-risk occupations represent a real threat to life and limb, and make it tougher to get life insurance with or without a medical exam.

The U.S. Department of Labor has revealed data that demonstrates how fishermen (and fisherwomen) along with other workers in fishing-related professions were the most likely to die on the job in 2008. Of 39,000 fishing workers in the nation, 50 were killed, a rate of 128.9 per 100,000 full-time workers. Rough seas, unpredictable deadly weather and isolation during emergencies all make the job more unsafe than any other. The perils of netting a job in the fishing industry have even been dramatized on the small and large movie screens, like the popular documentary TV series, Deadliest Catch, and the Hollywood blockbuster, The Perfect Storm.
The Deadliest Professions? Is yours one of them? >>>

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We get some important questions at Efinancialblog.com about saving readers money.  One such query regarded the “Return on Premium Term Life Insurance” or ROP for short. What is it and should I be concerned about it, or even buy it where available?  In this case, an excellent answer has been provided across the blogosphere by Certified Financial Planner Jeff Rose and his blog “GoodFinancialCents.com.”

Jeff writes about how a young business owner client inquired about purchasing a term life insurance policy to provide financial security to his wife and young child in the event of his unexpected passing.  A term life policy makes total sense for his situation, but what he wanted to add is something called a return of premium rider.

For those who are not familiar, the return of premium rider allows the policy holder to get a full refund of all the premiums paid at the end of the contract.  At first, it sounds like a pretty good deal.  The most common complaint that consumers have with life insurance is that if you don’t die, all the money goes directly to the insurance company.  If this is the case, then purchasing the return of premium rider seems totally worth it. Or is it?

Will an ROP rider save you money on Term Life premiums? Read On! >>>

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