Mistakes Made When Buying Life Insurance
:
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• Not clearly defining what they’re buying protecting
• Dealing with nameless, faceless quote services
• Buying the wrong type of insurance
• Not shopping around
• Lying about their true health status
• Being over insured
• Buying too short a term policy for their needs
• Buying life insurance as a savings plan, investment or retirement
• Applying for life insurance at more than one company at the same time
• Not knowing what's on your medical records
• Not finding out the underwriting requirements (Blood, urine, physical, electrocardiogram, etc?) before applying
• Not developing a relationship with a knowledgable insurance professional
• Buying accidental death insurance in place of term...

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