LIFE INSURANCE TIPS

1. Only 17% of all life insurance companies maintain an A+ rating. Be sure to limit your search to those companies which are financially sound. (Insurance ratings objectively rank companies according to their fiscal soundness.)

2. There are many types of policies, generally divided into "term" and "permanent." Different situations demand different types of policies. Be sure you know WHY you choose what you choose.

3. Is your agent going to be there when you have a question five years from now? It is advisable to work with someone who can help manage your life insurance program over time... after all, the circumstances of your life constantly change

4. Life insurance is intended to offset a need. Understand your need first, then find the best way to meet it.

5. Business owners... don't forget about your buy-sell agreement, your key man needs and group life for your employees!

6. Shop... shop... shop! Call at least three agents with solid reputations, who represent A+ rated companies. Ask the agent to help you understand how and why he developed the "need" that he proposes to insure. Then ask him to show you OPTIONS on the best ways to meet that need.

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