What Life Insurance Agents DO for You…


Posted on 2nd February 2010 by Rita in Life Insurance

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An Agent can help you get the BEST insurance rate…

With more and more Life Insurance websites offering you the option to choose your policy on line with a few quick clicks… You may be thinking… “what is the benefit of working with an Insurance Agent?” or “Is it a good idea to work with an agent?” It Absolutely is a good idea to work with an agent! — I know, I know… I can see your eyes rolling right now… thinking of course she would say that… Well we are going to go over some of the benefits you receive when working with an insurance agent.

Agents have a wealth of information about the products that are available to you and which product will work best for the protection you are seeking. Since the insurance agent understands how the different policies function, the agent will customize a plan just for you. Which is exactly what you want… since everyone’s situation is completely unique… you should want Insurance coverage protection that is just as unique as you are.

How does this action occur? Agents will look at getting to know your situation. They may start with wanting to understand the ongoing and future financial requirements of those who depend on you. Below is a list of the most common questions and topics your Insurance Agent will ask you about:

  • Your name and spouses name

  • Date of birth for you and your spouse

  • How many children, ages and date of birth?

  • Do you have a Life Insurance plan in place?

  • What type of plans have you made for final expenses?

  • Basic personal financial information

  • Family income

  • Other financial resources

  • Possible debts

  • Monthly expenditures

  • Savings investments – ie: 401k, CDs, Annuities or other

  • Your main objective for the insurance plan

  • How your health has been?

  • What medications you are taking?

  • Family health history

  • Personal habits or addictions

  • Recreational activities

  • Do you have concerns with outliving your retirement income?

To make sure that a future claim on your policy is paid out fully and immediately to your beneficiary, you should not keep anything from your agent. The insurance company uses this information to access your risk and adjust the premium for your coverage. As an example, you will pay a lower premium if you are a non-smoker. A higher premium may be charged if you have chronic illness. If information is found out at a later date, that had not been disclosed when obtaining the policy, could mean your beneficiary may have a delay in receiving any of the money. So lying in order to have a policy defeats the entire propose of putting the policy in place.

Many agents have professional relationships with the insurance underwriters (the people who approve your application and set the rates). This can work to your advantage when your agent has a good relationship with the insurance underwriter. Insurance agents also can shop around for you to make sure you qualify for the insurance plan before you apply. Which is also another good thing, since insurance companies take it into consideration if you have been denied by another insurance company.

To get matched with a local agent in your area, fill out the request form for a FREE quote and you’ll be on your way to getting this expert guidance about your personal insurance options.

Note: This blog is designed for general information purposes only. All information presented on this site should not be interpreted as legal advice and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information. For legal and tax advice contact your attorney or tax adviser.

Rita Sollie, Direct Insurance Representative with North Coast Life Insurance Company (NCL). No gimmicks or schemes here, just genuine and honest service. We don’t sell insurance, we solve problems. I welcome the opportunity to show you what NCL can do for your Life Insurance and Financial needs.
View INSTANT Term-Life Quote: www.insureyourfamily.com
If you prefer to speak with a local financial representative, call or email your request and you will be connected with a representative in your area.
Contact info: Phone: 800.541.5858 Email: rita.sollie@nclife.com or Live Chat below.

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