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There are a number of reasons:
· The selling costs on the Internet are much lower
than with the traditional Financial Adviser sitting on your
sofa. Furthermore, there is fierce competition on the Internet
for financial services. Low operating costs and fierce competition
has essentially made the Internet a low price environment
especially for life insurance.
· As the Internet has gained in popularity, the value
of financial services sold has mushroomed. This has meant
that the Internet based discount brokers have become very
big operators and, as a result, are able to command especially
good deals from the insurance companies. These deals are reflected
in even lower prices for customers.
The following Frequently Asked Questions are related to the
above topic. You may care to read them: -
Can I get a Quote now online?
Is the quoted price the same as
the price I get charged?
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