Is there no load life insurance, and if so, how does it work?
No load life insurance is a type of life insurance that offers certain benefits and drawbacks.
The main benefit of no load coverage is that it costs less than a standard life insurance policy.
Why? Because, there is no commission paid to the agent, or fees to a broker.
The drawback being that there is no assistance provided by an agent.
Usually, a no load policy is issued direct from the life insurance company, so you would contact their licensed representatives for any assistance you need with your life insurance policy.
Learn more about no-load life insurance and how it works.
No load life insurance is a type of life insurance that offers certain benefits and drawbacks.
The main benefit of no load coverage is that it costs less than a standard life insurance policy.
Why? Because, there is no commission paid to the agent, or fees to a broker.
The drawback being that there is no assistance provided by an agent.
Usually, a no load policy is issued direct from the life insurance company, so you would contact their licensed representatives for any assistance you need with your life insurance policy.
Learn more about no-load life insurance and how it works.
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