Did you know that nearly a quarter of Americans do not have life insurance?
This means that if something were to happen to those people, your loved ones would not be provided for and neither would your final expenses.
If you are one of those people, it’s time to get life insurance. Keep reading to learn several tips for finding the best life insurance agent for you!
1. Independent Agents vs Insurance Agents
You want to know the difference between independent agents versus insurance agents when choosing a life insurance agent.
Independent agents are usually able to find the best price since they work with multiple insurance companies. They can ask around to find the best price.
If you choose to work with an insurance agent, they only work for one company.
2. Visit Websites
Before you choose who is going to deal with your life insurance, you need to visit all of the websites. This is where you can find general information, staff bios, customer testimonials, and potentially see prices.
3. Look for Credentials
You don’t want to work with an insurance agent who is not qualified. When trying to find the best life insurance policy, you want to look for education credentials.
If an insurance agent has letters next to their name, they are credited in some way. For instance, look for the following:
- Certified Insurance Counselor (CIC)
- Chartered Property and Casualty Underwriter (CPCU)
- Associate in Risk Management (ARM)
If you see one of those letter combos, you’ll be in good hands!
4. Trust Your Gut
With many things in life, you usually get a gut instinct about what is right and what is not. The same goes for finding a life insurance agent.
Because finding an agent has to do with talking with someone, your intuition and instincts can give you a good feel for it you will get along with that person or not.
5. Interview Multiple Places
You do not want to narrow it down to one insurance agent before talking to others. This way you can ask them questions to get to know them better and to see how educated they are.
For instance, you could ask:
- What do you charge?
- Are life settlements taxable?
- What are your credentials?
- How much experience do you have?
These are a few questions to get you started with your interviewing process.
6. Ask for Referrals
Having feedback from people you know and trust is such a good way to make sure that you find the best life insurance agent. You can get a lot of good information this way.
7. Understand the Coverage
Not all independent agents or agencies are created equally when it comes to the coverage that they offer. To make sure that you have the best coverage, ask what it is!
Finding a Life Insurance Agent
It can be a daunting task to find a life insurance agent that fits your needs and wants.
With these life insurance policy tips, you’ll be able to find the best agent for you!
Did you enjoy reading these tips? Browse the rest of our blog for more!