Erie Insurance: Life Insurance Review

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Compare Erie Life Insurance Quotes

Use our calculator to compare Erie life insurance rates with life insurance quotes from other insurance companies.

Erie Insurance Pros and Cons

Pros

  • Reputable Company: Erie Insurance is one of the largest and most respected insurance companies in the United States, known for its stability and reliability.
  • Strong Financial Ratings: Erie Insurance boasts a strong financial rating of A with A.M. Best, reflecting its financial strength and ability to meet policyholder obligations.
  • Diverse Policy Options: They offer a variety of life insurance policies, including term, whole, and universal life insurance, catering to different needs and preferences.

Cons

  • Secondary Focus: Life insurance is not their primary focus, resulting in less competitive rates compared to specialized life insurance companies.
  • Limited Product Range: Erie Life Insurance Company only provides Erie-branded life insurance products, limiting your choices.
  • Higher Costs: The cost of their policies can be higher compared to other insurance providers.
  • Agent Required for Quotes: You must obtain a quote through a life insurance agent, which may be less convenient for some.
  • Restricted Term Options: Term life insurance options are limited to 10, 15, 20, or 30 years, which may not suit everyone’s needs.
  • Coverage Limits: Maximum coverage amounts are limited, which might not be sufficient for those seeking higher coverage.
  • Medical Exam Required: There is no option for a life policy without a medical exam.
  • No Non-Resident Coverage: They do not provide life insurance for non-residents of the United States.
  • Lack of Additional Insurance Types: Erie does not offer long-term care or disability insurance.
Erie Insurance

How We Can Help

At The Annuity Expert, we understand that choosing the right life insurance policy can be daunting, especially when faced with complex terms and varying premium structures. As an independent agent with 15 years of experience in insurance, annuities, and retirement planning, we offer and compare multiple companies to find the best solutions at the lowest costs – something Erie Life cannot do.

We recognize the core problem: you need reliable, cost-effective life insurance coverage that won’t burden you with unexpected rate hikes or inadequate customer service. The symptoms of this problem—frustration with claims handling, concerns over increasing premiums, and confusion about policy terms—can be emotionally draining. Our expertise and personalized service ensure that you get the coverage you need without the stress.

Erie Life Insurance

What We Recommend

First Step: Contact Us for a Personalized Quote

  • What Happens: You reach out to us via our website or phone.
  • Main Benefit: You get personalized attention and a customized quote based on your unique needs and preferences.

Second Step: Comprehensive Policy Comparison

  • What Happens: We compare policies from various reputable insurers, explaining the benefits and drawbacks of each.
  • Main Benefit: You receive a clear, unbiased comparison that helps you make an informed decision.

Final Step: Secure Your Policy

  • What Happens: Once you choose a policy, we assist with the application process, ensuring everything is in order.
  • Main Benefit: Peace of mind knowing your family is protected with the best possible coverage at the best rate.

Features and Benefits

  • Multiple Quotes: Access to a range of policies from various insurers.
    • Benefit: Ensures you get the best value and coverage.
  • Personalized Service: Tailored advice based on your specific situation.
    • Benefit: You feel valued and understood.
  • Expert Guidance: Professional support throughout the process.
    • Benefit: Reduces stress and confusion.

Addressing Common Objections

  • Objection: “I can find a policy on my own.”
    Counter: Our expertise ensures you get the best policy, saving you time and potentially money.
  • Objection: “I don’t trust brokers.”
    Counter: With 15 years of experience and a commitment to transparency, we build trust through reliability and personalized service.

Without our guidance, you might end up with a subpar policy that doesn’t fully meet your needs or costs more than necessary. The process can be more stressful and time-consuming.

Working with us, you’ll feel confident and secure in your decision. You’ll have peace of mind knowing you’ve chosen the best policy for your family’s future, tailored to your needs, and supported by a team that truly cares about your well-being.

For free advice or a quote, contact us today.

Need Help Getting Life Insurance Coverage?

Feel free to contact us if you need help purchasing a life insurance policy. The service is free of charge.

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Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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