Many people are intimidated with the task of choosing a life insurance policy. In fact, many don’t even think of getting insurance in the first place. Once you made the decision to purchase a policy, you need to make sure that you choose the right one. Here are some tips to guide you through the process.
Make sure you do your homework – You want to be sure you can rely on the company you choose. So even though insurance companies are required by law to maintain large reserves to guarantee they can meet their future obligations to their customers, it’s always smart to do some homework before completing a purchase.
Check out a company’s ratings – The best way to check the financial health of a company is by looking at its “rating.” These ratings can be easily accessed online, via the phone or visiting a local agency. Some will provide their ratings for free and others will charge a small fee.
Check for complaints against a company – Life insurance companies are regulated by state departments of insurance, which track complaints filed by consumers. You can look up complaints against a particular company by visiting the National Association of Insurance Commissioner’s database.
Apple Insurance & Financial Services eliminates the need for multiple agents. Our dedicated and knowledgeable staff will help guide you to make the right decisions for ALL of your insurance needs. We are a firm of proven professionals who are as caring as we are knowledgeable.