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Fingerhut Life Insurance Reviews
If you’re looking for Fingerhut life insurance reviews, you’ve probably realized life insurance isn’t their primary business. The company is best known as a mail-order business, which has since expanded into financing options and credit services for their customers. They do not currently offer life insurance.
If you need life insurance coverage, you’re in the right place! Click the button below to get a fast, free quote. Select your term length, your desired coverage amount, and in seconds, you’ll have a range of policies to choose from. If you need help or have questions, we’re just a phone call away at (800) 521-7873
Fingerhut
- 6250 Ridgewood Road
Saint Cloud, MN 56303
Do you remember getting Fingerhut catalogs in the mail? That’s how many people first discovered this company. Founded in 1948 by William and Manny Fingerhut, the company originally sold seat covers for cars. After an expansion in 1952, the company began to offer a wide range of household products via mail order. Today, you can shop via their catalog or their website. They also offer financing options for those who want to apply for a Fingerhut credit account.
If you apply for a Fingerhut credit account, you will be offered the option to add SafeLine Account Protection to your account. This benefit comes with an extra monthly charge; in return, if you are ever unable to make your payments, the company will waive or postpone those payments based on the severity of your circumstances. A disability or layoff will postpone payments for twelve months, for example. However, even though your outstanding balance will be waived if you pass away, this is not the same as having life insurance.
So instead of looking for coverage with companies that don’t offer it, why not use our website to get started? Life insurance is all we do – it’s our specialty, and as a result, we know the policies and insurers in today’s marketplace inside and out. If you’ve already been turned down for coverage or have a health issue that you think might cause you to be turned down, let us help! Call us at (800) 521-7873 and let’s get you the coverage you need to protect your loved ones from financial insecurity.
Advantages of Fingerhut Life Insurance
Well, as we mentioned above, you cannot buy life insurance from Fingerhut – which means there are no advantages to speak of.
But if you keep reading, we’ll go over the advantages of three of the most popular types of life insurance we sell.
Want to talk to a real person who can actually help you get covered? That’s exactly what we’re here for. Call us at (800) 521-7873 or email us at info@lifequote.com to get quotes, ask questions, and check life insurance off your list!
Our Most Popular Types of Life Insurance
Here at LifeQuote, term life is by far the most popular choice among our clients. We’ll explain why and compare it to two other policy types you may be interested in:
- Term life insurance. It’s the most popular because it’s the most affordable! If you’re shopping on a budget, term life is your best bet. Most of our clients pick term life because they want coverage that lasts until they reach a certain milestone in life: the kids all turning 18, paying off the mortgage, or reaching retirement. When you apply, the insurer will ask you to take a free medical exam. They’ll measure your height and weight and collect blood and urine samples. Using the information about your health they gather, they’ll evaluate how much risk you represent to insure. Based on the risk class they assign you, you’ll be offered a rate. It’s up to you whether you accept their offer. For a lot of our clients, taking the medical exam ends up being a great way to save money on their policy.
- No exam life insurance. For our clients who really don’t want to take the medical exam, we have a solution! You can apply for a no-exam policy instead. Skipping the exam is convenient for a number of reasons: scheduling issues, fear of needles or blood, or just not wanting a medical examiner to come to your home or office. No matter the reason, you can opt for a no exam policy if you’re willing to pay a little bit more. Instead of using an exam, the insurer will collect information about you from national databases, including databases that contain your driving record and prescription medication records. They’ll use that info instead of the blood/urine sample to get a clearer picture of your current health and how much of a risk you might be to insure.
- Whole life insurance. This type of coverage lasts – as you’ve probably guessed – for your entire life. Unlike term policies, whole life doesn’t have an expiration date. If you’re the type who worries about outliving a term, whole life may be the right choice for you. It’s guaranteed to pay your loved ones no matter when you pass away. There are also whole life policies designed specifically for people in poor health who can’t qualify for fully underwritten policies, as well as small face-value policies for people who just want to leave enough so that their loved ones can pay for their burial and funeral expenses.
Let’s get you covered! We’re always happy to talk about policy types and help you figure out what works best for your needs and budget. Call us at (800) 521-7873 or email us at info@lifequote.com to get quotes, ask questions, and check life insurance off your list!
Disadvantages of Fingerhut Life Insurance
As we’ve established, the main disadvantage of Fingerhut life insurance is the fact that it does not currently exist. In fact, we’re only telling you about it here because it still shows up in analytics for search queries when people go online and look for life insurance. If you’re one of them, we want to make sure you see this article and realize there’s a better way to shop! You can start right here with us at LifeQuote to see dozens of options from the country’s top-rated insurers.
Fingerhut Life Insurance Reviews & Ratings
We can’t show you insurance-specific reviews or ratings because Fingerhut does not offer insurance products. You can view their Better Business Bureau profile with over 100 consumer reviews here.
Fingerhut currently has an A+ BBB rating; however, the average customer review rating is only 1.17/5 stars (as of September 2023). None of these reviews pertain to life insurance, since the company does not sell insurance policies.
Conclusion
If you’re shopping for life insurance, let’s make this easy! You can start with a quote here on our website. We only show you results from carriers with an “A” rating or better. We want you to have the best experience possible, and it starts with trusting who you’re working with.
We’re a life insurance broker, which means we work with over 40 of the nation’s top-rated insurers. We’re not obligated to sell you a policy from any single insurer, so we can be objective. Our agents understand the business, have followed changes in policy offerings over time, and know which companies are most generous with underwriting when it comes to a range of common health issues.
So what are you waiting for? Let’s see what options are out there for you so you can check life insurance off your to-do list. Call us at (800) 521-7873 or email us at info@lifequote.com to get quotes, or click the button below to get started!
