While I’m not affiliated with Intelliquote, I’ll admit there are many benefits to doing business with a life insurance agency like Intelliquote.
They have a good name in the industry amongst other insurance professionals, and by no means do I intend to defame them in any way in this Intelliquote Review.
There are, however, a few drawbacks to using a large agency, so weigh your options carefully.
Advantages of Using Intelliquote
Here are the main advantages of working with Intelliquote:
- Full Service, Well Established Agency – To begin, there’s no doubt Intelliquote is a legitimate contender in the life insurance industry, licensed in all but 2 states, and dominating the Google search engine for multiple life insurance keywords. They also offer products from A to Z, from term and whole life insurance to guaranteed issue and final expense types of policies.
- Knowledgeable, Well-Trained Agents – In life insurance, the name of the game is finding the insurance company willing to offer you the best rating, because the best rating equals the lowest premium in most cases. The agents at Intelliquote are trained to ask questions about your health, lifestyle, smoking habits, and weight before giving any quotes, and I’ve heard they are generally very good at offering legitimate quotes rather than “teaser rates.”
- Term Life Insurance – They also offer Term Life Insurance Quotes on their website for free, but you have to fill out a lot of information before seeing a quote.
- Independent Agency – Since they’re contracted with multiple life insurance companies, they can take your case to the company that will offer you the best deal in most cases.
More pros can be found by clicking on this Intelliquote Review.
Disadvantages of Using Intelliquote
The only disadvantage I’d like to point out in my Intelliquote Review is that they have grown too large.
I’ve heard from other industry insiders that they have dozens of insurance agents, who have strict production requirements, which affects service in a couple of ways.
How much detailed attention do you expect to receive from an Intelliquote agent when he/she needs to take 5 applications per day to make a living?
Is Intelliquote Best for Your Needs?
Many life insurance cases, particularly ones when medical impairments are involved, require a few hours of research prior to giving quotes, such as calling up insurance company underwriters describing your case to see how they might rate you. Intelliquote agents simply don’t have time for this level of service, and most will try to quote you and sell you during your first conversation.
Next, don’t expect to ever speak to your Intelliquote agent again after your policy goes in force. Again, remember, he/she has to keep picking up the phone and drumming up new business.
So let’s say you have a child or a grandchild. How many people think to add a child or grandchild to their life insurance beneficiary list? Or let’s say you quit smoking or lose a lot of weight after putting a life insurance policy in force… Did you know you can apply for reclassification and potentially reduce your premium down the line?
The point is, every insurance agent should be making annual check-up calls to review their clients’ current situation and be sure they are getting the best deal on the market, ask about health changes, confirm beneficiaries and address, etc., but I’ve read many Intelliquote reviews stating that Intelliquote clients never hear from their agent.
Comparing Premiums to Intelliquote Life Insurance
Intelliquote has no leg up on anyone when it comes to insurance premiums, since in the life insurance industry, premiums are level across the board.
What you pay at my agency is what you pay at Intelliquote, and is also the same if you call the insurance provider directly. The only competitive advantage a company can gain is by specializing in impaired risk cases, and knowing which company will likely make a better offer than the others.
Intelliquote is very good at this selection process, but as thorough as some independent agents who work at smaller agencies, and have the time to dedicate to each case.
Final Thoughts on Intelliquote
In summary, Intelliquote is a wonderful life insurance agency, but I don’t feel they are the best out there.
If you learn one thing from this Intelliquote review, please know there are many other independent life insurance agents, such as my own, that offer a superior level of service to their clients.
We rarely give quotes on the first call because we don’t believe in “selling” life insurance.
We do our research, present the best quotes, educate our clients about the different life insurance options, and allow the client to decide for him/herself. To compare life insurance quotes – use our form on the right for an instant quote.
*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.
Whatever you do do not give these people your contact info. I did and they refuse to stop harassing me although I have asked them at least 5 times now. I have emailed and just today am sending a certified letter to their corporate office and filing a complaint with the FCC. We wanted a quote but then decided to go with someone else. They call our home 6-8 times a day. When we are home we answer and tell them we have chosen someone else leave us alone and they even try to say that basically because we gave them our number they can call as often as they like even after REPEATEDLY being told not to call. I have personally told them myself 3 times just today. My wife has been telling them the same thing for over a week now and the bullying of her is unforgivable. STAY AWAY FROM THEM
I agree with the “dis” on Intelliquote here. They are the only one’s who require contact information up-front. In fact, two of the biggest advertisers, Select-Quote and AIG Direct (also known as Matrix Direct) only give you the quotes once they call you back.
But there are a lot of websites that provide instant, anonymous quotes, including this one. Just look for those that quote rates on as many A-rated life insurance companies as possible. And don’t give out any contact information until you are ready to buy, or yes, you will be hounded night and day.
You can also find online calculator to help you determine how much coverage to get.
Kevin, thanks for your comment but I deleted your website URL. Did you really think I would allow you to advertise on my site?
I don’t wanna be critical but where is a contact #?
Anyways, I wanna get a life-insurance policy & sell it immediately. I’m clean, I don’t use dope. I don’t smoke. I’m 50 years old. Can you help me or direct to some1 who can get me a life insurance I can turn-around and sell immediately for cash? I don’t have an existing policy.
10x a lot, dbishop888
Hello Daniel.
I’m sorry. We don’t help people buy policies who intend to sell them down the road. It’s kind of frowned upon in the insurance industry, and you would certainly have to lie (commit fraud) on the insurance application for a policy to be issued to you with those intentions.
Good luck.