What You Should Ask Your Life Insurance Agent

What You Should Ask Your Life Insurance Agent

Questions to ask your life insurance agent before signing on the dotted line.

Life insurance is an important investment that you’re making for your loved ones. Should anything negative happen to you, you know that they’ll be taken care of. But in order for your investment to be of use, you have to make sure that you know you are getting the best policy that best suits your needs. Here are 3 questions you should ask your life insurance agent to know you’re getting what you, and your family deserve.

  1. How are my needs determined?

Life insurance is determined by calculating how long it’s going to take you to pay off your debts, and by determining how much your dependents will need to maintain their lifestyle after you pass. There are different formulas for each person and their unique families and needs.

  1. What’s guaranteed?

Knowing what’s guaranteed are the only numbers that really count. The fluctuations in the market or money issues the insurance provider may encounter in the future may deviate your pay-out, but the guarantees do not deviate.

  1. When should I expect returns?

This question is for those that have purchased whole life insurance, not term. It can take up to 5 to 10 years to generate positive returns. Your entire payments for the first year will be going to issuing the insurance policy.

Finding the right life insurance policy doesn’t have to be difficult. Working with the right independent insurance agent can help to make it much easier to get the coverage you deserve. Contact Lloyd S. Berkett Insurance Agency in Los Angeles, California for all of your life insurance coverage needs.

11150 W. Olympic Blvd.
Suite 1100
Los Angeles, CA 90064

(310) 857-5757
(800) BERKETT | 237-5388
Fax: (310) 857-5750

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The Lloyd S. Berkett Insurance Agency, Inc. was founded in 1946 by Lloyd S. Berkett. Regarded as one of Southern California’s most successful, well-respected and innovative independent insurance agencies, ... Read More

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