What is your definition of best price?
Lowest initial price ignoring renewability, convertibility, and terminal illness benefits, not to mention financial stability of the insurer, is no bargain.
Last year I was at a seminar on critical illness, and the consultant presented a bone-chilling warning about due diligence and the need to inform clients about all available products and solutions which are available from companies with which you are licensed.
In Britain there were two precedent-setting cases in which clients claimed that their insurance agent had not offered them critical illness insurance coverage and if he had they would have purchased it. They sued after contracting a covered illness and successfully launched lawsuits.
I am currently in the planning stages of launching a Canadian online life insurance site and am seeking comment and debate on issues related to due diligence and the online sale of life insurance.
Newton Insurance Agency