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The Insurance Adviser: Placing Your Trust In A Professional

Are you in the process of shopping for a life insurance policy? If so, you may decide to consult with at least one expert. It is very important that you are 100% comfortable placing your trust in the agent that you choose to do business with. You are spending your money on a policy that is very important to your personal finances as well as your personal life.

Finding a Life Insurance Agent

Here are five tips to consider as you attempt to find an insurance agent that you can trust:

  • Ask friends and family for a referral. Do you know somebody who has recently purchased life insurance? Do you trust this person? If so, ask them about their experience. This is by far one of the best ways to find a trustworthy life insurance adviser.
  • Find an adviser with experience. Although there is nothing wrong with giving a new adviser your business, you may feel more comfortable with somebody who has several years of experience. This is a matter of personal opinion. No matter what, ask the adviser how much experience they have in the industry. This will give you a better idea of who you are doing business with.
  • Ask the right questions. In some cases, determining if you can trust a life insurance adviser is a difficult task. Fortunately, you can get a better “feel” for the adviser by asking questions. How long have you been in business? How many current customers do you have? Do you have any references? These are just a few of the many questions you can ask to better determine if an adviser is being honest with you.
  • Don’t do all the talking. When shopping for life insurance it is easy to get in the habit of asking questions and talking about yourself. This is necessary, but you don’t want to dominate the conversation. Instead, let the adviser explain what they have to offer. You may be surprised at what you hear. Insurance advisers are typically knowledgeable and eager to help; they may let you know about something that you may have missed or misunderstood.
  • Be patient. Life insurance is not something that you want to purchase on a whim. There is nothing wrong with being patient as you search for a trustworthy agent and a policy that suits your personal and financial needs. If you are worried about getting too far into research, put a deadline on the search process.

Many consumers worry about placing too much trust in an insurance adviser. This is particularly true with something as important as life insurance. By following the five tips above, you can find a trustworthy life insurance adviser that you will enjoy doing business with. When this happens, you will feel more comfortable purchasing a policy.

Here’s How You Do It:

Step 1: Select your state below.
Step 2: Once you answer a few questions, you will have the opportunity to compare quotes from up to 10 of Australia’s largest insurers. You may also be entitled to a free consultation.

LifeInsuranceComparison.com.au's online quote comparison tool makes it easy to get quotes from 10 Australia's biggest life insurers