Important Questions to Ask

Since you’ve been contemplating life insurance, your questions are crucial. If you opt for an agent, your queries are not just important, they’re essential. So, please, add these questions to your list.

When you ask the agent if they can represent more than one company, you’re empowering yourself. An agent with access to multiple companies can provide you with a range of options, ensuring you make an informed decision.

Second, ask how they choose a policy to recommend. The lowest premium is not always the best answer. Ask about their criteria. Third, ask the agent how they handle policy updates.

In the future, you may want to adjust your beneficiary list,
upgrade your policy, or convert it somehow, your agent should have a standard policy review process in place.

Fourth, ask the agent how much life insurance do you need? Their answer may reference something called the Human Life Method or the Dime Method. The Human Life Method is a calculation based on your income and the number of years your family would need support. The Dime Method, on the other hand, stands for Debt, Income, Mortgage, and Education, and it’s a way to estimate your life insurance needs based on these factors. Or they may just multiply your salary by 10 or some other number depending on your situation. Then maybe they’ll add each kid’s college tuition.

Fifth, ask for a quote, a complimentary quote. You’re entitled, and finally, you’ll see a logo on the agent’s business card, but remember, the agent that you choose works for you. Because your policy is so very important, don’t hesitate to ask all of your questions, and they should ask you a lot of questions too. This is your opportunity to fully understand your policy and make an informed decision.

If you’re ready to get your policy, make an appointment with a local agent today. You can do this by calling their office or visiting their website. Or if it’s easier, just click the button next to this video and we’ll connect you with someone who will treat you right. We’ll ask you a few questions to understand your needs and then match you with a suitable agent in your area.