3 Reasons Why You Need To Compare Your Insurances Before Buying

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The biggest mistake when planning for your insurance is the failure to do your due diligence before committing to an insurance policy.

In this article, I will share with you 3 reasons why you should compare your insurance before buying. For the purpose of the article, I will be using the whole-life insurance instrument as an example to substantiate my explanation.

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Reason 1: It Cost You Money to Not Compare

For the same level of sum assured, you will realize that there is a huge disparity in the price that companies may charge you for.

In fact, the difference between the cheapest and the most expensive provider goes up to 70% of which the nominal price differences between companies can easily be in the range of thousands of dollars a year.