2 replies to this topic

[skate69]

Life insurance may now become important for some people. you intend to buy life insurance? no wrong stepped in to buy life insurance and make sure you know the tips in buying life insurance. The following are some tips before buy life insurance:

1. Type of policy
2. Coverage
3. Medical exam
4. Make a comparison
5. Reputed company

for more information: insuranceisland.blogspot.com

[Denise Mancini]

Those are great points. Most people neglect looking at how reputable the company is. They choose a life insurance policy that offers the cheapest rate but one which may not have a reliable reputation for paying out claims. I’d always advise people to look for financial ratings of each company before buying a policy. A financial rating from A.M. Best, Standard & Poors’ is one way to find out the financial strength and integrity of a company.  A rating of “A” or higher would indicate that a company holds a solid financial reputation and has a track record for paying off claims in a timely, efficient manner.

Denise Mancini
Disclaimer: I work for AccuQuote and this is my personal opinion.

[skate69]

Denise Mancini, on 24 October 2011 - 07:17 AM, said:

Those are great points. Most people neglect looking at how reputable the company is. They choose a life insurance policy that offers the cheapest rate but one which may not have a reliable reputation for paying out claims. I’d always advise people to look for financial ratings of each company before buying a policy. A financial rating from A.M. Best, Standard & Poors’ is one way to find out the financial strength and integrity of a company.  A rating of “A” or higher would indicate that a company holds a solid financial reputation and has a track record for paying off claims in a timely, efficient manner.

Denise Mancini
Disclaimer: I work for AccuQuote and this is my personal opinion.

Thanks Denise for your opinion, very informative.