1. 63333 POINTS
    Peggy Mace, Certified Senior Advisor (CSA)®PRO
    CEO, Outlook Life, Inc, Most of the U.S.
    The first step in buying life insurance is to determine how much coverage you need, what type of insurance will work best for your needs, and how much it will cost. With life insurance you cannot just pick out the policy with the features that you like. You must qualify medically, and your overall mortality risk (or lack thereof) determines your rate. What company you use and the type of policy you choose also figure into the premium you will pay.

    So the best way to buy life insurance is to talk to an agent who can help you determine how much you need, explain what types of policies work best for that need, and then shop around to find the best rate for which you qualify. Good life insurance agencies stick with you and guide you through to the time when the policy you want is in your safe, ready to go into action if tragedy strikes.

    While a life insurance agent is the last person most people wish to consult, in the end, most policies require an agent as the middle person, anyway. Starting out by calling an honest agent can make the process very simple and help you save hundreds of dollars.
    Answered on February 24, 2014
  2. 1330 POINTS
    Mark TaylorPRO
    Licensed Life Agent, Life and Finance/ 50 States, New York
    The best way go get Life Insurance is to find the best company that can fit your needs financially. Many companies are perfect fits and have product bases stronger than the other. I deal with many companies and can indicate the. best coverages for anyone. It is always best to speak with an agent for better advice. Some factors to determine will be future financial needs, age, health, and daily living habits. Most important is to determine an estate or pay for high funeral costs that may occur in the event of sudden mishap or the passing of any insured.
    Answered on February 26, 2014
  3. 37376 POINTS
    David G. Pipes, CLU®, RICP®PRO
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Life insurance is very personal.  Most people need an advisor that they trust.  A trusted life insurance agent is the source of information and advice that you probably require.  If you haven’t established that relationship get recommendations from friends, colleagues or neighbors.  The good agent will listen carefully to you and provide solid financial advice.  There really isn’t a one way approach that meets every person’s needs, so trust the agent to guide you.
    Answered on June 19, 2014
  4. 5877 POINTS
    Stan Cox IIPRO
    Insurance Adviser - Broker, SC Insurance Services, Oahu, Hawaii
    My first bit of advise regarding HOW one should go about buying life insurance is to do a little research. The better informed you are about providers and the types of policies, the better chances are that you'll get the best policy for your needs and goals. Of course that will necessitate that you have a good handle on exactly what your needs and goals are! But there may be some living benefits connected to some policies that you aren't aware of, such as the cash value and wealth growth potential of Whole Life with a mutual company - not to mention the tax benefits. So you should confer with an experienced Insurance Adviser who will be able to help you determine your needs and goals, answer questions about insurance companies you are considering, and help you to implement the best policy for you.

    One question you may find important to get the answer to is how the provider you're considering handles policy loans. For some enlightening information on that topic please read the article at: https://www.linkedin.com/pulse/direct-non-direct-recognition-stan-cox-ii?trk=prof-post
    Answered on October 16, 2015
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