Life Insurance Basics - Step 1 (Video)
Posted by Lenny Robbins on Fri, Feb 17, 2012 @ 03:44 AM
When you decide it's time to look for life insurance there are some things you ought to know. Let's call them life insurance basics. This information will help you become an informed consumer.
What are life insurance basics?
Some of the things that we consider to be life insurance basics are:
- What are the different types of policies? How are they best used?
- What is the best way to get pricing? Online quote? Agent?
- Should I get multiple quotes? What's the best method? How do I know which price is most realistic? Is the lowest price the best?
- Can I negotiate prices?
- How does the application process work?
- What happens after I sign the application?
- When does my coverage start?
- What happens if I get declined?
- Why is an independent agent a great resource?
How Can You Get Answers?
In today's video we are going to discuss one are of life insurance basics.
Most of the information we consider to be basic to life insurance can be found on a good insurance agent site. What you want to see is a lot of information that explains the process- not a lot information trying to sell you. Look for blogs, product pages, eBooks, downloads, videos, etc that explain insurance and can answer your questions.
The Bottom Line
Generally, we find that an independent agent will give you the life insurance basics to help you become the informed consumer. Have any questions? Feel free to ask.
photo credit: Toon Bronselaer