Avoid Life Insurance Sales Tricks

Released on = December 9, 2005, 12:05 pm

Press Release Author = Savvy Financial Group, Inc.

Industry = Accounting

Press Release Summary = Don\'t automatically trust a life insurance sales person!
We\'ve put together the top 7 tricks unethical life insurance sales persons use to
trick you into buying with them...

Press Release Body = If you\'re buying life insurance / term life insurance or know
someone who is, it is very important for you to read and understand the 7 life
insurance sales tricks below. It doesn\'t matter if you\'re buying term life
insurance, whole life insurance, universal life insurance, or variable life
insurance, the initial quoting process is very similar.

These tricks are going on every day in every state...


-The \"Birth Date -vs.- Age Trick\" : With this trick, the agent tries to fudge the
premium by using an age that don\'t fly when the policy is actually processed.
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html)

-The \"Rate Class Trick\": With this trick, the agent tries to fudge your health
rating, knowing full well that it won\'t fly when processing time comes...
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html)

-The \"Monthly -vs.- Annual Trick\": With this trick, the agent tries to do the slight
of hand trick and break down the price in a way that will not fly when processing
occurs...
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html).

-The \"Life Insurance Company Ratings Trick\": With this trick, the agent tries to do
a bait and switch with the financial ratings to get you to buy a lower priced policy
with a lower rated company.
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html).

-The \"Guaranteed -vs.- Non-Guaranteed Premium Trick\": With this trick, the agent
plays fast and loose with the gurantee of YOUR death benefit...this applies
especially to whole life, universal life and variable life insurance policies...
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html)

-The \"Guaranteed -vs- Non-Guaranteed Values Trick\": With ths trick, the agent tricks
you into believing you will get a higher death benefit that you actually or probably
will...
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html)

-The \"Order the Para-Med NOW Trick\": WIth this trick, the agent tricks you into
making a decision right now, when you\'re not comfortable yet...
(Read more at www.savvyfinancial.com/savvy_life_insurance_sales_tricks.html)

To learn about each of these tricks and specifically how to avoid them, read the
full article at www.savvyfinancial.com




Web Site = http://www.savvyfinancial.com

Contact Details = Ron Alvarez, CPA, CFP, CLU

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