Welcome to our life insurance broker frequently asked questions page! We'll answer a few basic questions about life insurance brokers to help you find the best broker for your needs.
First, what is a life broker? A broker is an insurance agent who can sell you insurance policies, negotiate the terms of each policy with you and work with you and the insurance provider to benefit both parties. Typically, when you ask for quotes from different life insurance companies, you'll start getting phone calls or emails with quote information and solicitations for business. Life brokers or their agents may call you to talk with you about the different life insurance options available to you. Everything depends on how healthy you are, at least to a certain extent. Other factors influencing what brokers will be able to do for you include your health history, your age, your current situation as far as employment is concerned, your salary and the size of your family.
How can a broker help you? A good broker will be personable and friendly as well as well versed in the ins and outs of investments, annuities and insurance terms and policies. You probably have neither the time nor the inclination to be your own broker and make all the boring money decisions yourself, so you should look for an insurance broker whom you can trust.
Where can you find a good broker? There are hundreds of fine insurance companies with friendly, intelligent brokers working to help you. We suggest that you start by looking at such major companies as New York Life , MetLife and Prudential .