Only1HealthyLife: The One-Stop Solution To All Your Life Insurance Needs.
Only1HealthyLife: The One-Stop Solution To All Your Life Insurance Needs.
Written by: Michael Etina Flanders
Life insurance is one of the most important components of any individual’s financial plan. However there is lot of misunderstanding about life insurance, mainly due to the way life insurance products have been sold over the years.
Though insurance is actually not an investment, there are policy’s that can help you build cash value. It’s a very crucial part of reasonable and sound personal financial management. Insurance protects everything you’ve toiled so diligently to earn. It cushions your family in the event of your premature death. It provides your children with adequate education and also holds together a family at a time when money becomes a concern.
Life insurance protects your loved ones if you’re not around; it covers expenses, and allows your family to keep their home and their lives. However, buying the right life insurance for your circumstances takes some research. To be more precise, shopping for the right coverage to protect your family and your assets is just like learning a new language.
Where Does the Problem Lie?
Many Insurance Agents tend to make the field of Life Insurance complicated both directly and indirectly. This creates a problem for the consumer because with a lack of understanding they tend to stay away from what they do not understand.
Term Life Insurance or Whole Life Insurance really falls into a class of essentials like food, clothing or housing. The lack of understanding makes people think that Life Insurance is a luxury. In times like these with the unemployment rates so high and the economy of the world in such a down-turn anything thought of as a luxury, most will stay away from.
Due to the lack of understanding people will just not seek out an expert to help them gain understanding. So people will end up going without and suffering the consequences when the times come when they should have had insurance. Many will buy the insurance sold in junk mail or what is being advertised on TV and end up with very low-grade products.
The old fashion distribution channel for Life Insurance was the agent that sold and represented one company. Experts in their field put a lot into their trade helping people to understand the various technical terms of Life Insurance. Agents of this caliber today are few and far between but they do exist.
Today you are more likely to run into the insurance broker that represents many companies. So as an insurance consumer understanding the technical terms has become something you must really learn on your own. To help the general public understand the importance of Life Insurance it should be taught in the public school system. Classes on the technical terms of insurance should be required to graduate from High School.
Taking the time and effort to learn the various technical terms to gain a good understanding of what is needed is what far too many people will just not do. Then they will buy it from banks, stockbrokers and the far too innovative junk mail and telephone salesmen.
What many people fail to realize is that today with the use of the Internet it has become much easier to learn the various terms to get a good understanding, to the point of securing the right kind of life insurance for their needs? What is still needed is a method of helping the general public understand just how important it is to secure Life Insurance at the youngest age possible.
Unmasking the Crisis:
The truth is the best policies with the best benefits and the lowest cost, are sold by an agent. The problem, however is that most companies drive their agents with sales quotas and sales techniques for getting more sales rather than being the quality representatives they should be. It is far too difficult for the average person to tell the difference between a high quality Agent and the high-pressure salesman making his quota.
Here is where the problem begins; far too many people think that all agents are just high-pressure salesmen. This leaves far too many people without the insurance they really must have.
All Agents are licensed by states to sell insurance products and there is a screening process to weed out the bad apples. Like any process it is not fool proof. This makes it far too important for the “average person” to learn the important facts about Life Insurance on their own. However, all is not lost.
Choosing an apt life insurance policy for yourself is more important than choosing a generally good insurance policy. This surely sounds confusing. But mind you, it makes a world of difference actually. A policy needs to fit well with your needs and necessities and hence you should look at unique and customized solutions.
Who can guide you in selecting an ‘apt’ insurance policy? Well, the answer is your insurance agent. This is the only reason why I have felt compelled to initiate a channel where customers can not only purchase Life insurance but also get resourceful advice on the finest policy covers that best suit their requirements.
My platform, Only1HealthyLife, has moved a notch higher from just being an ordinary insurance agency and proved to be a real Insurance life advisor. Certainly, choosing the right life insurance advisor will lead you to zero in on the best-suited insurance policy for yourself.
The beauty with Only1HealthyLife is that we are so accessible, knowledgeable and courteous. We work as an independent team of life advisors, but above all we display top-notch professionalism, exude confidence and are always ready to answer all your questions in order to educate you about the various types of life cover you can buy.
Apart from being easily available for consultation and doubt-clearing, we are also able to assess and evaluate your life cover scope that will ensure your family’s financial security needs in the current scenario as well as in the future. This is based on basic info, like age, sex, health condition, whether you have a spouse who is employed and your annual income.
Besides that, Only1HealthyLife will give you current quotes for different types of policies that match your needs, help you calculate your budget, learn about factors that adversely affect getting an affordable premium and also advice you against shopping life cover for very small children, since doing so does not grant you a replaceable income.
We will also inform you about any associated costs with the chosen policy, including processing fees, penalty fees and additional costs of poor health conditions etc. besides riders (extras) to a plan that you want customized for your family’s financial security.
By consulting with Only1HealthyLife advisors, you should feel confident about your insurance purchase too! From evaluating the advantages of a certain kind of life cover to comparing quotes for the same plan offered by different companies to buying it at the right age so you pay lower premiums; we cover all this ground for you.
Finally, Only1HealthyLife team of life advisors will guide you about the individual who should be insured first, especially if you and your spouse are employed, based on the person who would be most financially damaging to the family when he or she dies.
In a nutshell, a life insurance advisor, if chosen correctly should provide you with the necessary info about every type of life plan your financial situation matches with, rightly assesses the most affordable premium with comprehensive cover for you, goes over the fine print so you understand all the industry jargon in a simplified manner and can make an informed decision about the policy you should invest in. This is exactly what Only1HealthyLife is compassionate about. With such team of professionals you are in good hands. Stick close to us and you are sure to get the best deals on your life insurance!