Tag Archives: Life Insurance Brokers
What is Guaranteed Issue Life Insurance?
What is Guaranteed Issue Life Insurance?
Guaranteed Issue life insurance is a type of life insurance policy where acceptance is literally guaranteed. However, there may be restrictions for the first 24 months of the policy. For example: it may only pay for an accident for the first 24 months, after that the policy would pay for any cause of death. This might sound ideal, but it comes at a price, literally. This means if you are considering this type of policy, be absolutely sure that it’s truly your best option. An advisor may be able to save you substantially on your premiums with a more traditional form of life insurance, and get you better coverage in the process.
Why Should I Work With A Life Insurance Broker?
Why Should I Work With A Life Insurance Broker?
What is a Life Insurance Broker?
Should I Work With a Life Insurance Broker ? A life insurance broker is a committed individual that encourages and listens to the needs and wants of an individual. An insurance broker will be able to find appropriate rates for you to choose from. When you speak to a life insurance broker, you can get the life insurance you require from a carrier in another city or province that is offering better rates then a local life insurance company. We will answer the question below: Should I Work With a Life Insurance Broker?
There are many advantages in dealing with a life insurance broker when you want to obtain life insurance.
How To Get The Best Life Insurance
The Canadian life insurance industry is regulated by the government and has many laws in place to protect the consumer. Many independent associations also operate in Canada that work to ensure that life insurance brokers have access to continual professional development this combined with a commitment to continually improving the standards of qualifications make Canadian life insurance a safe product to purchase.
Who can you trust
How else can you be sure that the life insurance that you are purchasing is of good quality? All life insurance professionals are licensed, meaning in order to sell insurance in Canada they must pass the required exams. The Life License Qualification Program (LLQP) and the Life Licensing are exams that are specifically designed to provide that the broker or life agent is qualified to sell life insurance.
