Yes, if the company and agent are licensed in your state. Washington says the same insurance laws apply online as in person.
Check the license first. Your state insurance department has a list of licensed agents and companies.
Use the exact name. Texas says fake companies often use names close to real ones.
Unlicensed sellers may not pay. Texas says if you buy from an unlicensed company, your claim might not get paid.
Pay the company, not the agent. The NAIC says to make your check out to the insurance company.
Watch for red flags. Texas warns about high pressure, last chance deals, and prices much lower than others. The government does not sell life insurance, and agents who say they are from Medicare or Social Security are breaking the law.
- Look up the company and agent with your state
- Read the policy before you pay
- Pay the company directly
- Never sign a form with blank spaces
- Use your free look period
More questions
What if I change my mind?
Use the free look period. Washington gives 10 days. Texas gives at least 10 to 20 days. You can return the policy for a full refund.
Someone called me out of the blue. Is that a scam?
Not always, but be careful. Texas says do not give your Social Security number to anyone you did not contact.
Words to know
- Agent
- A licensed person who sells insurance for one or more companies. Agents are paid commission.
