Can he or she tell you honestly that all the provisions of your term insurance or universal policy are guaranteed? That there are no surprises or changes down the road? That you can count on these guarantees and hold them accountable for making sure that you are kept informed about all aspects of your policy? That they are there for you to find the best, most solid product? That they will stay in touch with you so that any questions are answered questions and because they value your business and not just the sale? And that, God forbid you pass away, they will personally be their to help your family work through the claims process and not just turn it over to some home office person who you never knew?
We live in a world of internet mega insurance stores like Selectquote, Accuquote, Intelliquote, etc. These are the guys that spend the big bucks on TV and print advertising and notice that they all have something in common. They are focused on the insurance quote. They are focused on the sale and, sadly nothing else.
If you go to one of these big boys in the business you will in fact get access to the best insurance quotes available. What they don’t and won’t tell you is that the life insurance rates are approved and controlled by state insurance agencies and Selectquote can’t get you any better price than a good independent agent. What they won’t and don’t tell you is that a good independent agent will follow through with everything mentioned in the first paragraph and that because of the volume of business they deal with, they just can’t.
Do you need a life insurance agent who is your advocate from beginning to end? The answer is yes and if an agent tells you differently, you’re just another sale to them. Your family’s future is too important to be treated as just another sale.
This post is somewhat dated. Life insurance underwriting is changing and evolving continually. For more updated information check out some of the key word links. If you have a specific question or topic you need information for do a search. If you don’t find the answers you need contact me and we’ll make sure you get the information that is important to you.