Co-Founder, Coastal Financial Partners Group, California
Yes. This firm has, for many years, encouraged its financial advisors to offer life insurance along with other financial products. Among regional broker-dealers and wire-house firms, Edward Jones was one of the first to make life insurance a priority at a firm level. Many broker-dealers today still do not.
You should also shop the rates with a dedicated life insurance broker and discuss your needs for the coverage. While a investment broker can sell life insurance they will usually be much more limited on products and often knowledge of what is available.
The mindset of investments is entirely different from the mindset of life insurance.
No one is good at all things. If your broker keeps up with investments, that is a full time focus. If they are not mainly focused on life insurance they will not be as proficent at it in general.
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The mindset of investments is entirely different from the mindset of life insurance.
No one is good at all things. If your broker keeps up with investments, that is a full time focus. If they are not mainly focused on life insurance they will not be as proficent at it in general.