When you are looking for a Calgary life insurance agent, there are several things that you should consider.
Independence
Are they an independent insurance agent or are they a career agent? An independent agent can conduct business through the majority of the life insurance companies in Canada. They can go and search the market for the best solutions to fit your needs.
A career agent typically represents one company and is very limited in how they can deal with other insurance carriers. These types of agents are limited in products they can use to help find client's the best insurance solution.
Education
The bare minimum required to sell life insurance in Calgary is to be licensed with the Alberta Insurance Council. There are a number of designations that insurance advisors can possess.
One of these designations are the Certified Financial Planner (CFP) designation which focuses on overall financial planning. Some of the topics covered are insurance planning, retirement planning, group benefits and tax and estate planning.
A designation that is more focused on the life insurance business is the Chartered Life Underwriter (CLU). The CLU designation covers areas such as insurance planning, insurance law and tax and estate planning.
While a designation does not make an advisor, it is an excellent indication of their dedication to furthering their education and awareness of their chosen industry.
Experience
Is the person you are talking to dedicated to the life insurance business? In Alberta, you can possess a life insurance license and still be working part time in another industry. You want someone who is fully immersed in the business and dealing with clients on a regular basis. They can be involved in other aspects of the financial services business such as financial planning, mutual fund sales, group insurance but they should be fully engaged in the business and able to deal with your concerns on a regular basis. When you deal with other professionals in your life, they do not have other part time careers.
Other Factors to Consider
These are just a few quick thing to consider when you are choosing a life insurance agent to deal with your affairs. There are many other factors that come into play such as do they relate to you on a personal and social level, do you trust them and can they offer you independent and reliable advice?
There are many life insurance agents in Calgary to choose from, choose wisely. Choosing the right advisor will help to ensure that your insurance panning will be conducted in a proper manner and you will have a strong insurance plan in place for many years to come.
Independence
Are they an independent insurance agent or are they a career agent? An independent agent can conduct business through the majority of the life insurance companies in Canada. They can go and search the market for the best solutions to fit your needs.
A career agent typically represents one company and is very limited in how they can deal with other insurance carriers. These types of agents are limited in products they can use to help find client's the best insurance solution.
Education
The bare minimum required to sell life insurance in Calgary is to be licensed with the Alberta Insurance Council. There are a number of designations that insurance advisors can possess.
One of these designations are the Certified Financial Planner (CFP) designation which focuses on overall financial planning. Some of the topics covered are insurance planning, retirement planning, group benefits and tax and estate planning.
A designation that is more focused on the life insurance business is the Chartered Life Underwriter (CLU). The CLU designation covers areas such as insurance planning, insurance law and tax and estate planning.
While a designation does not make an advisor, it is an excellent indication of their dedication to furthering their education and awareness of their chosen industry.
Experience
Is the person you are talking to dedicated to the life insurance business? In Alberta, you can possess a life insurance license and still be working part time in another industry. You want someone who is fully immersed in the business and dealing with clients on a regular basis. They can be involved in other aspects of the financial services business such as financial planning, mutual fund sales, group insurance but they should be fully engaged in the business and able to deal with your concerns on a regular basis. When you deal with other professionals in your life, they do not have other part time careers.
Other Factors to Consider
These are just a few quick thing to consider when you are choosing a life insurance agent to deal with your affairs. There are many other factors that come into play such as do they relate to you on a personal and social level, do you trust them and can they offer you independent and reliable advice?
There are many life insurance agents in Calgary to choose from, choose wisely. Choosing the right advisor will help to ensure that your insurance panning will be conducted in a proper manner and you will have a strong insurance plan in place for many years to come.