Like many businesses, life insurance has gone online and this change is very welcome by potential investors. These online sites are very convenient since they save both time and money of the investors as well as the insurance companies. Progressive.com, Insurance.com, Esurance.com, Insweb.com, and NetQuote.com, are just a few to name. Most of these sites act as brokers, though they represent insurance companies. Once the prospective insurer feeds in the data, he obtains quotes from various insurance companies. The name of the company is divulged only once the quotes are obtained.

These sites provide all the information needed by the policy taker. Some sites seek more personal information from the policy taker than others. It is advisable that the people who are searching online for policies to read the privacy policy of the site. This will inform the buyer about the protection of his personal information. It is seen that various companies have different privacy policies. It is important to know about the after sale service provided by the companies, as it is at times necessary to recheck certain parameters.

Some online sites work with a group of insurance agents to whom they forward the information of the policy taker. These agents contact the prospective buyer. These sites are set up to assist agents in getting customers. The advantage in this case, is that the buyer gets quotes from various agents. A few online sites also give comparative quotes about various companies and are user friendly. They do not waste too much time on personal information. There is also some useful information on the sites about how to assess the amount of insurance the buyer needs.

Hence, a prospective buyer needs to and must assess all the information available on the sites very carefully and then select one offering the best rates and suitable for his needs.