What Makes a Great Insurance Agent?

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What Makes a Great Insurance Agent?

When you are shopping for any type of insurance, you are going to want the help and advice of someone who understands the insurance business and who is truly interested in helping you protect yourself rather than making the most money. Unfortunately some insurance agents are in the business for their own benefit and will not tell you when you are paying too much or are buying insurance that you simply don't need. I am a former insurance agent, and I have seen the best and worst. This blog is about noticing red flags when it comes to sneaky insurance sales people and about finding the signs of a truly good agent.


Tips for Figuring Out How Much Life Insurance You Should Purchase

When you are ready to purchase a life insurance policy, you need to be able to know how much you need. The more coverage you opt for, the easier things will be for your loved ones when you pass away, at least financially speaking. However, if you are struggling with figuring out how much of a policy they will need, you will want to read through the following points.

Do You Have Young Children?

If you have young children that are still living at home with you, you will want to make sure that your life insurance policy is big enough to cover everything that would be needed to raise them into adults, including helping to send them off to college. While you hope that nothing bad will happen to you while your children are still young, preparing for your early passing is the responsible thing to do.

Do You Want Your Funeral Paid For?

When you pass away, there will be someone in your family who has to take on the responsibility of making your funeral arrangements. Not only would they have to make all of the decisions, but they would end up being responsible for the cost of everything. Sure, they might be able to set up a payment plan with the funeral home, but that can still be a large financial burden for many people.

If you would like to make sure that you are leaving behind enough money so your funeral will be completely paid for, you will want to calculate how much your funeral would cost and then make sure that your life insurance policy is large enough to cover that, as well as everything else it needs to pay for.

Do You Have a Mortgage?

If you have a mortgage on your home that you are usually the one who pays for it, your loved ones may be left without a way to keep their home after you pass away. This is especially true if a surviving spouses is not able to earn as much money. If you would like to make sure that your family will be able to remain in the home, without always worrying about a potential foreclosure, you will want to obtain a life insurance policy that is large enough to pay off the home. You might also want to include enough money so they can pay for a few years worth of home owners insurance and property taxes.

Talk with an insurance agent as soon as possible so you can get additional tips for making sure that you are obtaining a large enough policy for your loved ones.