Mistakes Made When Buying Life Insurance:
- Not buying a policy immediately, before health problems develop
- Not clearly defining what they’re buying protecting
- Dealing with nameless, faceless quote services
- Buying the wrong type of insurance
- Not shopping around
- Lying about their true health status
- Being over insured
- Buying too short a term policy for their needs
- Buying life insurance as a savings plan, investment or retirement
- Applying for life insurance at several companies at the same time
- Not knowing what's on your medical records
- Not finding out the underwriting requirements (Blood, urine, physical, electrocardiogram, etc?) before applying
- Not developing a relationship with a knowledgable insurance professional
- Buying accidental death insurance
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