Policygenius (2024)

FAQs

Does Policygenius charge a fee? ›

We're an independent insurance broker, so we get paid a commission by insurance companies for each sale. Insurance commissions are already built into the price of an insurance policy, so you're not paying any extra for working with us to buy a policy.

Policygenius transforms the insurance journey for consumers by providing a one-stop platform where consumers can compare options from top insurance carriers, get unbiased expert advice, buy policies, and manage their insurance portfolio, in one seamless, integrated experience.

Policygenius does not engage in any sharing of personal information that you can limit. Questions? Call 1-855-695-2255 or email privacy@policygenius.com. Go to https://www.policygenius.com/about/privacy/.

Policygenius has a post-money valuation in the range of $500M to $1B as of Mar 17, 2022 , according to PrivCo.

Policygenius customer reviews typically praise the company's quick application process, communication and cost. It also has an A- Better Business Bureau (BBB) rating with a 4.69/5 customer rating based on 155 reviews.

The insurance premium is the actual amount the policyholder pays to the insurance company in exchange for coverage.

Term life insurance can be used to build wealth across generations by providing a payout to your surviving loved ones. The death benefit can be used to pay estate tax, as well as preserve remaining assets.

When is term life insurance worth it? Term life insurance is smart when you have debts or a time-boxed expense — something you want to ensure your dependents can afford should you pass away. This might include a mortgage or credit card balance, for example, or something like school tuition or car payments.

The death benefit provided by life insurance policies and their tax-deferred advantages offers a unique form of risk management that other investments don't have. They're an attractive option for conservative investors seeking steady growth over time.

How big is Policygenius? ›

Since 2014, we've helped over 30 million people shop for insurance and placed over $150 billion in coverage.

An additional premium charge added to a policy by the agent or broker to service your policy. Your insurance company may add a policy fee to service multiple billing options.

An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance.

The most prominent fee is the premium, which is the amount paid regularly (e.g., monthly or annually) to keep the policy active. Insurance Fees refer to the various charges and costs associated with purchasing and maintaining an insurance policy.

Premium - The fee you pay to have insurance. Also called 'rate' or 'premium rate.