Should You Fire Your Insurance Agent? 5 Warning Signs to Watch Out For
Should You Fire Your Insurance Agent? 5 Warning Signs to Watch Out For
When it comes to insurance agents, I'm sure you've heard it all before. They are sneaky, untrustworthy and are just plotting to get your hard-earned money. Contrary to what you may have heard, this does not apply to every agent licensed to sell insurance products.
In fact, there are some insurance agents out there who are honest, hard-working, trustworthy, and will over-exceed your expectations. Today, however, we will focus on those who give our industry a bad name and the 5 warning signs you need to watch out for.
#1. "Talking and Jargon Mania"
If there is anything that says "run-the-other-way" during a phone call or insurance appointment, it is an agent that talks 100 miles an hour. To make matters worse, next comes the aerial assault of insurance jargon. If you need to purchase a dictionary the size of Kansas just to understand a conversation with your agent, it's time to seek other options.
#2. " Revealing ALL of the positives and NONE of the negatives."
If your advisor never tells you the disadvantages or possible downsides to the policy you enroll in, he is not doing his job. Being up front about everything is what separates a great agent from someone just trying to add another sale under their belt. Knowing the positives and negatives are the determining factors in your insurance decisions.
#3. "Just Sign here"
This one really gets me going. I cannot stress enough how important it is to make sure your insurance agent goes over the documents before you sign them. Most people have no idea what they are signing and that can lead to a world of problems down the road. Ask questions when something is unclear and make sure you completely understand everything you put your signature on.
#4. "It's between me and you"
As professionals, we are responsible for holding the highest standard of ethics. This benefits us as well as the many people we help every day. Covering up an illness or condition that may affect the application process is a BIG NO-NO. Not only is it morally wrong, it is actually a crime punishable by law. There have been cases where agents have lied on an application for their client and it had very bad consequences. This can result in the agent being terminated and the insurance company denying your claim once you pass away. Honesty from your agent is always the best policy.
#5. "Bribing or Gifting"
Having life insurance and the correct financial products is a benefit to everyone in itself. No agent or financial professional should ever offer you money, gifts or any material reward for the purchase of a policy. If you ever encounter this situation, ask the agent to leave immediately. This is an illegal practice and it reveals an unethical representative.
Being aware of these warning signs will put you ahead of the game. It will also ensure that your agent will be an honest, hard-working professional. Remember, you have the right to hire or fire your representative at any given time. After all we work for you, and are there to assist you in your insurance needs. That, is something you should always keep in mind. How to Find Cheap Taxi Fleet Insurance The Truth About Expanding Lap-Band Insurance Coverage Choosing The Right Denver Insurance Why Your Company Needs Fleet Insurance All about Motorbike Insurance Generate Insurance Leads With a Lead Generation Website Understanding the diverse types of commercial insurance Watch San Francisco 49ers vs San Diego Chargers Online Game Coverage Insurance Technology and its Need Insurance System - 7 Major Advantages to Consider! Choosing the best insurance policy Physicians Disability Insurance - Which Riders Are Important? Chocolate Poker Chips: Ideas For Teens Birthday Party