Selecting the right financial advisor is one of the most important decisions you will ever make. He or she will play a major role in your financial decisions and, in theory, help you build a diverse portfolio. It is however important to ask yourself if your financial advisor truly ‘gets it?’
In order to determine if your advisor does in fact get it, we encourage you to ask how often he or she recommends life insurance as part for a diversified portfolio. Surveys of financial professionals, in recent years, have unveiled an alarming trend; many advisors do not provide life insurance related advice. In fact, a recent survey by Saybrus Partners Inc., found that thirty percent of advisors admitted that they do not regularly provide life insurance to their clients. Of that group, forty-nine percent reported that selling coverage distracts from their normal business and 17% find it too complicated. Furthermore, forty percent of advisors said that less than 10% of their clients, over the past three years, have asked about life insurance. What does this tell us? Financial advisors are not generally offering life insurance and few consumers are actively seeking coverage on their own. Don’t be a statistic. Find an advisor who is knowledgeable and experienced in the life insurance sales process.
Select an Advisor Who Knows Life Insurance
The fact of the matter is; the diversity and complexity of life insurance makes it easy to tailor a policy to the individual needs of a consumer. Whether you’re looking for an investment tool, long term care coverage or a small policy to cover final expenses, there is a life insurance product perfectly suited to your needs. Working with a licensed and experienced life insurance advisor is the best way to ensure that you’re selecting a policy that not only meets your needs but adds stability to your investment portfolio.
At IntelliQuote we proudly employ a team of the most highly experienced life insurance advisors in the industry. If you’re interested in learning more about your coverage options we encourage you to request one of our instant life insurance quotes. Receive a side by side comparison of the competitively priced policies available to you, each of which will meet your individual needs. Receive one of our instant life insurance quotes today!
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