Investments
Buying Insurance? You need to know the following..
Ask Greg what the policy doesn't cover:
Things not covered are called "exclusions." Every policy has them. Ask Greg what these exclusions are before you buy the policy.
You can ask him about guaranteed highest and lowest premiums.
What is the history of price increases?
What are the interest rate assumptions?
The old saying, you get what you pay for is true in Life Insurance too.
All insurance policies are NOT alike.
Because you are dealing with an Insurance Broker, you can feel confident Greg is getting the best premium to cover your insurance needs.
NEVER neglect to pay your monthly insurance premium.
NEVER just cancel an existing LIFE INSURANCE policy without first speaking to Greg. He is well prepared and trained to answer your questions and to advise you.
Don't switch insurance providers before your policy comes up for renewal.
You will have to pay a penalty for cancelling your coverage early.
Life Circumstances change all the time:
Therefore it is important that you review your insurance needs on a yearly basis.
Tell the truth on your insurance applications.
For instance, should you smoke occasionally, but claim to be a non-smoker on your application, that could result in the cancellation of your insurance policy.