Sentences with phrase «while life insurance brokers»

While life insurance brokers are responsible for servicing clients after a policy is sold, the reality is few people need ongoing advice after they purchase the product.

Not exact matches

A Mutual Fund Company that is involved solely in the manufacture of mutual funds tend to distribute their funds through mutual fund representatives, investment advisors, financial planners, mutual fund dealers and life insurance agents, while the banks, credit unions and their Quebec counter part caisses populaires distribute their fund products through their retail branches as well as via independent advisors and brokers.

While many agents, brokers, and insurers argue in favor of permanent life insurance policies like whole life insurance, these products do have their critics, including popular financial personalities like Dave Ramset, Suze Orman, and Clark Howard.

Life and health insurance can be transacted through both agents and brokers, though most states only allow for the licensure of insurance agents, while brokers are more common with property and casualty insurance.

Both life insurance agents and brokers will help you assess your life insurance needs; arrange for the purchase of a policy; provide ongoing support (say you want to change your beneficiary, renew, convert or change your coverage amount); and help your beneficiary submit a claim should you die while the policy's in force.

Both life insurance agents and life insurance brokers work on behalf of life insurance companies to sell you a policy, but agents are more limited in the number of carriers they work with while brokers aren't beholden to any single carrier.

While there can be a large variation in premiums and coverage offered between brokers and agents in the property or life insurance lines, car insurance doesn't vary much between the two types of sales personnel.

While we recommend direct consultation with an experienced, independent life insurance broker, the following provides a handy guide with some helpful basic triage.

While dividends are not guaranteed, Eric Palmer, chief marketing officer of Brokers Alliance, an independently owned distributor of life insurance cites dividend payment consistency as a sign of a good product and insurance company.