We ask life insurance agent Criss Crombie for his insight on what are some helpful tips when you are in the market to purchase a policy?
The following is a readable transcript of the video above.
Tip #1 – Do Some Research
People interested in buying life insurance should do some research first. Go on the internet and read a little bit about it. Understand the reasons why people have policies. Find out about the different types of policies. Know what’s available. If you have a foundational knowledge about it, you’ll be better equipped to find the right insurance for you.
Tip #2 – Meet with a Life Insurance Agent
Then after some preliminary research, contact a local licensed agent. When you meet with an agent, tell them about some of your research and ask them if you think a policy would be beneficial for you. Next, have them explain the different types of policies. Ask them if term or permanent insurance is a better fit for you.
Tip #3 – Ask Some Questions
Again, it’s better to be a little informed about your options so that way you know what kind of questions to ask when you’re with the agent. If you ask the right questions, then it’s less likely an agent will try to sell you something that you may or may not need. Some questions to ask are:
- Why should I have a policy?
- How much insurance should I have depending on what my needs are?
- What type of insurance – term, permanent, universal – is right for me?
- What different products are available?
Bottom line: educate yourself. Then, when you sit down with an agent, you’ll know what to ask and how to respond to the conversation, which will better guide you to the right insurance for you.
Life Insurance Questions?
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This Article Was Updated On 02/12/2024.