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These policies usually are issued to employers for the benefit of their members. Direct insurance carriers offer a variety of insurance policies. These fees really add up. Most carriers use the Internet simply to post company information, such as sales brochures and product information, financial statements, and a list of local agents. This practice gives consumers the freedom to accept the best rate. Insurance carriers have discovered that the Internet can be a powerful tool for reaching potential and existing customers. Life insurance provides financial protection to beneficiaries—usually spouses and dependent children—upon the death of the insured. Direct carriers are responsible for the initial underwriting of insurance policies and annuities, while reinsurance carriers assume all or part of the risk associated with the existing insurance policies originally underwritten by other insurance carriers. Typically, these fees are broken down into 3 categories: a discount rate, transaction fees, and monthly fees. Some carriers also provide insurance quotes online based on the information submitted by customers on their Internet sites. However, an increasing number of carriers are starting to expand their Web sites to enable customers to access online account and billing information, and a few carriers even allow claims to
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