Shopping for life insurance can be confusing if you are not familiar with the terms, and it is not the easiest thing to do even if you are familiar with the lingo. A life insurance agent should be able to explain policies and terms to you in an understandable fashion, and help you to explore
Insurance Brokers
The terms “insurance agents” and “insurance brokers” are often used interchangeably and they may be thought of as the same job, but there are differences. The main difference is in the perspective of each insurance professional.
Is an agent or a broker best for you or your business? To make that decision, you first have
When shopping for insurance policies, you have two choices: you can either work with an insurance broker (someone who represents a variety of insurance companies), or you can choose to buy directly from a captive insurance agent (someone who represents a single insurance company).
As a consumer, you are most concerned with the cost of
If you are working with a financial advisor, how much do you value his or her input? If you were forced to choose, what would you be willing to give up instead of your financial advisor? Coffee? Dessert? Your doctor?
We admit that this is an odd question, but the folks at the insurance and
Insurance products can be difficult to decipher for those outside the industry, even for the financially savvy. A recent survey commissioned by MoneyTips echoes those results, finding that approximately half the respondents were confused when trying to find the right insurance products to fit their needs.
The survey found that about half of middle-income respondents