LIFE Foundation Offers Five Tips for Selecting a Trusted Insurance
ARLINGTON, Va., Dec. 27 /PRNewswire/ -- With 2008 just around the corner, now is the perfect time to make sure your insurance program is up to date. An important first step is to seek the advice of a trusted advisor who can help you make smart decisions. Today, the nonprofit Life and Health Insurance Foundation for Education (LIFE) offers five tips to help you find the right insurance professional for you and your family.
According to LIMRA International, 60 percent of Americans want to purchase life insurance through someone they can meet in person, yet three-fourths of households currently do not have a life insurance agent, personal financial advisor or planner.
"Whether you're considering life insurance for the first time, or reassessing your coverage needs, finding the right agent is an important first step," says Marvin H. Feldman, CLU, ChFC, RFC, incoming president and CEO of the LIFE Foundation. "Your family's financial well being is of prime importance when you consider an insurance purchase. Don't leave such an important decision to chance. Working with a professional insurance agent who knows the right questions to ask will help you decide how much and what kind of coverage is right for your specific needs and budget."
LIFE offers the following five tips to help Americans find and work with a trusted insurance agent:
Get referrals -- Don't settle for the first agent listed in the
phonebook. The easiest way to start your search is to get referrals from
the people you trust most, such as friends, family members, and other
professional advisors you already work with, such as lawyers or
accountants. To help you get started, check out LIFE's online agent locator
tool (http://www.lifehappens.org/agentlocator), which can help you find an
|SOURCE Life and Health Insurance Foundation for Education|
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