1. 63333 POINTS
    Peggy Mace, Certified Senior Advisor (CSA)®PRO
    CEO, Outlook Life, Inc, Most of the U.S.
    Geico offers Term Life Insurance through non-affiliated insurance companies. In other words, the life insurance is not underwritten by Geico; Geico just helps you get it by referring you to a brokerage that carries quotes from multiple life insurance companies. The agency they refer you to is not owned by Geico.
    Answered on July 30, 2013
  2. 1866 POINTS
    Paul RothPRO
    Senior Commercial and Annuity Specialist, Freedom Brokers, Marion, Carbondale, Harrisburg IL
    My dad always said, "When you want bread, go to the bakery". Buying a life insurance policy from a car insurance company makes no sense at all. Getting something that is sold and resold to you puts you one step farther away from service, and, in order to make a profit from selling you someone else's insurance, an auto insurance company, or any other reseller, has to make a profit. That means one more layer of cost to you. Find an independent agent who has access to multiple carriers to find you the best rates available.
    Answered on July 13, 2016
  3. Did you find these answers helpful?

Add Your Answer To This Question

You must be logged in to add your answer.

<< Previous Question
Questions Home
Next Question >>