When looking at buying life insurance, the first thing you want to look after you decide what type,
either permanent or term, is where you might want to buy.
Consumers see ads
on TV/radio about life insurance and I will tell you those insurance companies
may be good companies if they have good rating, A or A+ is a great rating to look for.
Finding a local agent that works for one of those companies is a great idea. Having a local agent you can talk to may come in handy when filing a claim.
Some other things to look at when purchasing life insurance include:
1. Accelerated death benefits, if you are diagnosed
with a terminal condition and are expected to live less than a year, some
companies will advance money from the policy for you to use. Obviously
this reduces the face amount of the policy, but it give you an option to use
that money for what ever you need.
2. Some companies are offering a free second option
when you have a sever medical condition.
3. Some offer riders for long term care.
4. Some offer return of premium.
Always check out the cost and all of the details before
you buy.
Steve Lind, CFP
308-627-6328
Securities offered through Securities America, Inc. Member FINRA/SIPC, Steve
Lind, CFP, Registered Representative. Advisory Services Offered through
Securities America Advisors, Inc. Steve Lind, Investment Advisor
Representative. Lind Financial Services and Securities America companies
are unaffiliated. Trading instructions sent via email may not be
honored. Please contact my office at 308-627-6328 or Securities America
at 1-800-747-6111 for all buy/sell orders. Please be advised that
communications regarding trades in your account are for statements received
from the custodian(s) of your assets. The text of this communication is
confidential and use by any person who is not the intended recipient is
prohibited. Any person who receives this communication in error is requested
to immediately destroy the text of this communication without copying or
further dissemination.
