Dont’s of life insurance
Posted on May 6, 2008
Filed Under Guide, Helpful Facts | Leave a Comment
Don’t buy life insurance without first researching about it and knowing why you need it. Don’t be afraid to ask those who know about insurance if you have a question regarding it. Don’t hesitate to ask friends and relative for a referral to an insurance agent or broker. If you plan to replace your current policy, don’t cancel it unless the new one is in place. Don’t buy term insurance that has long terms of coverage unless you’re sure it is still needed. The recommended term is 5 or 10 years; even if you’ll pay more for premiums if you renew for another term, it is still better than paying unnecessary premiums over a long time.
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