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 adson TV/radio about life insurance and I will tell you those insurance companiesmay 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 diagnosedwith a terminal condition and are expected to live less than a year, somecompanies will advance money from the policy for you to use. Obviouslythis reduces the face amount of the policy, but it give you an option to usethat money for what ever you need.
2. Some companies are offering a free second optionwhen 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 beforeyou buy.
Steve Lind, CFP
Securities offered through Securities America, Inc. Member FINRA/SIPC, SteveLind, CFP, Registered Representative. Advisory Services Offered throughSecurities America Advisors, Inc. Steve Lind, Investment AdvisorRepresentative. Lind Financial Services and Securities America companiesare unaffiliated. Trading instructions sent via email may not behonored. Please contact my office at 308-627-6328 or Securities Americaat 1-800-747-6111 for all buy/sell orders. Please be advised thatcommunications regarding trades in your account are for statements receivedfrom the custodian(s) of your assets. The text of this communication isconfidential and use by any person who is not the intended recipient isprohibited. Any person who receives this communication in error is requestedto immediately destroy the text of this communication without copying orfurther dissemination.