Buying Whole Life Insurance with Barter
You may have already noticed this, but Barter doesn't actually sell whole life insurance. In fact, Barter doesn't sell any insurance; it's just a tool, powered by Wholesale Insurance, a tool which can help you quickly grasp the shopping/purchasing process and quickly buy the life insurance coverage that you need.
Our employees' good natures notwithstanding, you may find it beneficial to consider whether you really want to buy term life insurance before you contact them for assistance.
You may have also already noticed that the Barter site only helps you find quotes to buy term life insurance. However, Barter can still help you a bit on your quest for whole life insurance by referring you to Wholesale Insurance, which has decades of experience selling all types of life insurance. When you work through Wholesale, you may not get as streamlined a process as when you buy term life insurance through Barter, but you get all the same assistance (and more) in finding the lowest rates the market has to offer. And, just like when you use Barter Insurance, Wholesale won't charge you a cent for its services.
Is whole life insurance right for your needs? If you're thinking about buying whole life insurance, be prepared for higher life insurance rates than either term or universal life insurance offers. That's not to say that some whole life insurance wouldn't be a good investment, but recall that half a million dollars in term life coverage provides the same benefit as half a million dollars in whole life coverage but at a much lower price.
