Online insurance has come of age in recent years. Previously, it had been an industry dominated by auto
coverage that many consumers wouldn’t trust for more important decisions like health care coverage. But
today, online insurance is a robust and thriving field, handling all kinds of policy needs. The fastest
growth has been seen in health insurance industry, where the amount of
individual vision insurance, dental coverage
and other supplementary plans have grown along with an overall increase in the purchase of primary HMO
and PPO plans by consumers. This is despite the costs of health insurance expanding rapidly, making it
difficult for employers and individuals to afford adequate coverage.
Another growth area for online insurance has been in
final expense life insurance.
This is an attractive option for senior citizens looking for security that their personal burial plans
will be taken care of once they pass. This burial insurance is affordable for anyone, even seniors with
fixed incomes. One drawback is that the value is fixed, meaning it doesn’t grow throughout the life of a policy.
One of the advantages of purchasing health, vision or dental insurance online is the reduced costs.
Frequently, purchasing a plan online is significantly cheaper than buying one directly from a company.
Buying online also allows customers to easily comparison shop for the plans and services that fit their
needs. For example, a person looking for dental insurance could see different Aetna or
Delta Dental individual
plans before making a final decision. Smart consumers will take advantage of all data points available,
allowing them to make an informed choice.