Policy Proposals: 5 Questions to Ask Your Insurance Agent

Often when a financial advisor proposes an insurance policy, it is hard to compartmentalise our thoughts so that you can express them in a clear, concise manner.

We’ve prepared a list of questions you can ask yourself and/or your financial planner that encapsulates the key questions you may not have even known you wanted to ask!

Equipping you with the right questions to ask to leave you with peace of mind, confident that you have made the right decision about whether or not to purchase a proposed policy.

These questions will better your understanding and determine if your agent recommends the policy based on your needs or based on their agenda. Are you getting enough, or too much coverage?

We all have that last bit of hesitation or uncertainty before making a big purchase or an otherwise substantial decision. Often this is exacerbated by a lack of confidence in the decision. This can stem from a lack of clarity and assurance.

Financial planning is only difficult when it’s misunderstood. It can take a lot of unnecessary pressure and worry off of your shoulders when it's been demystified. Because ultimately, you should not feel any pressure to purchase one particular policy over another, regardless of how much time the financial advisor has spent with you. Whatever policies you end up with should leave you with peace of mind that you are covered and safe.

For more detailed explanations, insights, and tips on the above five questions, check out the article in full below:

These five questions may have you asking: Am I with the correct agent for me?

For when you don’t feel like your agent can relate to and understand your needs, there’s MoneyFitt.

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