Released on = April 8, 2006, 1:37 pm

Press Release Author = ACI

Industry = Consumer Services

Press Release Summary = When it come to life insurance there are many thing your
agent doesn\'t want you to know! Being internet saavy could save you hundreds of
dollars a year !

Press Release Body =
FOR IMMEDIATE RELEASE
3/10/2006


The Big Ripoff


When it come to life insurance there are many thing your agent doesn\'t want you to
know! Especially where it would effect their bonuses and commissions. By keeping you
dependent on them insures them of huge commissions and overrides. However the
internet has become the consumers true equalizer when it comes to insurance. Being
internet savvy could save you hundreds of dollars a year !

The best way to buy life insurance is to stay with the basics,with term life
insurance. Term life is the type of life insurance that only pays if you die.
Similar to automobile insurance in that you pay year to year and when you stop
paying the coverage stops as well. However, term life insurance is so inexpensive
due to greater competition. Also the internet has made it easier to compare company
rates from company to company. Two of our favorite sites to recommend is
http://www.cheaptermquotes.com or at the insurance section of
http://www.2spendless.com !


Insurance agents hate to talk about term life insurance because there is very
little profit for them to gain. Agents like to sell variable universal life and
universal life. Variable universal life combines mutual funds and life insurance.
Pitched as a great tax benefit if both are bought together but due to the huge sales
commissions and continuing costs, it turns out to be a bad deal for the consumer.

Whole life used to be the most popular insurance sold since it builds a cash value
and many use it as a savings avenue. But whole life premiums are high and agents
love this because of the high commissions. A nonsmoker 25 yrs. old male would spend
about $180 a year for $250,000 worth of term insurance but a whole life plan would
cost approximately $2,000.


If you decide to get term insurance I recommend level- term which basically mean
that the premium is guaranteed to stay the same for the number of years that you
choose. You should buy coverage based on the years that you expect to work. When you
decide to shop for term life insurance I recommend http://www.cheaptermquotes.com or
visit the insurance section of http://www.2spendless.com ! Also talk to an insurance
broker like American Consultants Inc at 404-767-1072, if there are questions,either
way will insure that you save.





This article was presented by Charles Myrick, President/CEO of American Consultants
Inc. an insurance agency, as a continued means to educate our consumers.
Arrange an interview with Charles for more insights into this topic. Direct line:
(404) 767-1072 Email: thetrueonestop@yahoo.com Other helpful information can be
found at: http://www.americanconsultantinc.com


For More Information Contact:

Charles Myrick
thetrueonestop@yahoo.com
http://www.cheaptermquotes.com



Web Site = http://www.cheaptermquotes.com

Contact Details = Charles
pobox 161336
Atlanta , 30321
$$country

4047671072
thetrueonestop@yahoo.com
http://www.cheaptermquotes.com