Key tips for first-time life insurance buyers
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Transcript of Key tips for first-time life insurance buyers
WHY POLICYADVISOR & HOW IT WORKS
• Welcome to PolicyAdvisor.in, We are developing some
unique online insurance Tools to help you decide the right
insurance plans. Our prime focus is to develop online
insurance products for better decision making.
• Select a tool, answer a few questions and get the right
answers in less than 3 minutes, go compare the market
and decide with confidence or decide to apply with us and
get free customized quote from top companies in India.
http://www.policyadvisor.in
Understand why you need it.
• While most people may need life insurance at some point in
their life, don't buy a policy just because you heard it was a
good idea.
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Understand why you need it Determine the amount of
coverage you need.
• The amount of money your family or heirs will receive after
your death is called a death benefit. To determine the
proper amount of life insurance needed. You can get a
ballpark figure using any number of formulas. The easiest
way is to simply take your annual salary and multiply by 20.
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Find the right type of policy.
• Once you figure out how much coverage you'll need, you
can think about the best kind of policy to meet your needs.
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Look at the quality of the provider.
• An insurance policy is only as good as the company that
backs it. You want to make sure you to choose a company
you can rely on to be around for as long as you'll need your
coverage, and which invests your premium in a highly
prudent manner in order to pay the claims of its
policyholders.
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Consult a financial professional.
• A financial professional can help you factor in financial
considerations, your needs, and your family's needs.
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Increase your vocabulary.
• Life insurance can be confusing, with terms like "premium,"
"dividend," "beneficiary," and many more.
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Follow Through With The Process.
• Make sure to correspond with your agent throughout the
application process & follow up with any emails or voicemails
from your agent. Your agent may have additional requirements
from the carrier that must be met before your policy can be
issued and it is critical that they are met as soon as possible.
Are you ready to prepare for your family’s financial security?
Click HERE to get started now or call us at 020-41208460
http://www.policyadvisor.in
How Much Life insurance do you need ?
Get the right answers before you compare & buy insurance
Visit :
www.policyadvisor.in