Life insurance coverage is there to protect and provide for your family in the event of your death. Although it can be complicated, there is no reason not to persevere to find the right policy. As there are misconceptions in every industry, common myths about insurance lead to people being underinsured, having the wrong coverage, and experiencing a decline in living standards. So that you don?t have any hiccups in your process or policy, check out the three common life insurance mistakes to avoid.

Are you eager to avoid frequent mistakes? Read on.

Mistake #1: Not Buying Enough Coverage

Many people are unsure of how much life insurance is sufficient to protect the ones they leave behind. Many studies show that U.S. households are underinsured, making it essential to pair with a reliable insurance agent to ensure quality coverage. When filling out a life insurance policy application and determining how much life insurance you need to purchase, consider buying enough to cover the burial, remaining debt, children’s’ care and education, mortgage payments, and retirement security.

Mistake #2: Lying on Your Application

It?s common that those in better health have lower insurance premiums. While it is tempting to make yourself out to be someone in ideal health for the opportunity to save money, it will soon backfire. A physical exam may be required before an insurance company provides you with insurance; it?s safer, to tell the truth now, before getting caught later on. Don?t risk it!

Mistake #3: Forgetting to Review or Update the Policy

A life insurance policy should not be written and forgotten until a tragic event occurs. Many life events warrant a review of life insurance ? especially as your life and habits change. As you get older, you will need to review your coverage to ensure that you have a sufficient amount.

Secure the right life?insurance?policy for your needs by contacting an agency that works for you. For this, contact the team at National Life Insurance Solution where there are agents ready to direct you toward the right policy.

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From loving them unconditionally to supporting them financially, there?s a lot that we do for our loved ones. Part of what we can do to protect our family is to purchase life insurance to ensure that when we?re gone, they don?t suffer financial strain as well as loss. If you?re in the market for life insurance, you might be finding the thought of shopping for the right coverage a little daunting.

Check out these smart steps to follow when deciding on life insurance for your needs.

Determine if you need life insurance. While many people do need life insurance, not everyone does. If you have no one who depends on you financially, no debt, and an estate that would pay for its own taxes and expenses, you likely don?t need life insurance. If this doesn?t apply to you, then you?ll need to call your insurer to get started on your policy!

Calculate the coverage you need. Pull the calculator out and do some math. You?ll need to determine the financial resources that will be available to your survivors after your death (Social Security, retirement-related survivor benefits, assets, etc.), and the financial needs of your survivors after your death. For simplicity, narrow the last consideration into final expenses, your remaining debt, and income needs. Once you see what your loved ones will need and what will be available, you can cover the gap with life insurance.

Find out if you need to add any riders. Common riders often added to policies are the waiver of premium and guaranteed insurability. The former pays the life insurance policy premium if you?re disabled, while the latter permits you to add to the death benefits without providing additional evidence that you?re in acceptable health. Talk to your agent about how these two riders could help you.

Tell your beneficiaries about your life insurance policy. Once you?ve settled on a policy and it is issued, inform your beneficiaries on how to get a paper copy of the policy and any specifics about what you want them to do with the death benefit. Then, store your documents away safely!

Skip the search of finding the right life insurance provider for you ? Visit the professionals at National Life Insurance Solution. Visit us or call our office to get started on setting up the right coverage for your needs!

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If you are tempted to move into the insurance industry, you may have heard all the horror stories, negatives, and financial downsides to being an agent. Before ruling out careers in insurance, it is important to note that there are many benefits and reasons why insurance may be a wise career choice. As a smart career move, check out a handful of reasons why you should consider insurance!

It?s a stable industry.

Forget the outlandish new business proposal that doesn?t quite make sense. Moving into insurance is a?safe and stable move for your career. Insurance has been around since the middle of the 18th?century in the United States, and it does not look like it?s going anywhere anytime soon.

It supports your community and the economy.

You may not think of selling insurance as a way of supporting your community and the economy, but it is! Without insurance, there would be far fewer businesses and jobs. As insurance is a way to protect clients from risk, it allows them to take chances to expand their business. Furthermore, you?re helping everyday citizens stay safe by giving them the peace of mind that their loved ones, assets, and finances are protected. There is little that compares to that feeling when clients are truly appreciative of policies.

It offers financial opportunities.

Given the technical nature of insurance and the need for highly trained individuals, it comes as no surprise that the industry is full of competitive compensation and benefit options to attract and retain good talent. Even though starting salaries are often low, with a supportive network, the right skills, and expert training, financial opportunities grow.

The team at National Life Insurance Solution is always looking for those insurance agents who want to soar at their role as an insurance agent. Join us today to find out how we can help you enjoy your career and excel!

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Believe it or not, the retail life insurance industry is not an easy one to break into or succeed in. Although there is high competition among agents in filling America?s life insurance needs, almost everyone needs insurance of some form, whether that is auto, life, home or business. Perhaps you?re a curious student looking to break into insurance or simply someone who is trying to understand the industry in the early days of training. Whatever your situation, check out what it takes to work in life insurance.

The Sale

You may be tempted to head into a different field within the insurance industry, but note that a life insurance agent is like no other. Compared to most products and services, life insurance can be a hard sell, but an incredibly rewarding one at that. Talking about death can be incredibly morbid, but it?s essential to educate clients in why they need life insurance to protect their family when they are no longer around to do so. Simply getting a prospect to acknowledge and discuss the fact that he or she is going to die is the hardest step. Fortunately, after that, clients tend to appreciate the help and want to buy a policy. To sell life insurance, vast knowledge, impeccable communication, and personable skills are ideal.

The Salary

If you?re getting into the insurance industry just for the money, don?t. The vast majority of life insurance sales jobs are straight commission, causing many to leave their positions as agents within the first twelve months. However, don?t get discouraged. Some companies do offer their sales reps employee status, which comes with a small base salary and benefits.

The Stamina

Since the insurance industry is highly competitive, effort and energy are key. An agent who doesn?t strive to make a sale with each and every prospect is unlikely to be motivated in what they are doing, and therefore be unsuccessful. To keep your energy up, aim to have a constant flow of prospects, avoid spending your time with those who are uninterested, and become a valuable resource to those you meet. An agent?s beginning years may require long hours, but may eventually pay off in delivering new avenues of leads.

If you?re ready to join the world of life insurance, look no further than?joining the team?at National Life Insurance Solution! We help you to launch your career, providing you with expert training, great commission plans, an excellent agent support system, and more. To learn more about how to get started,?visit us?today.

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You may think that because you?ve had cancer or you currently suffer from diabetes or high blood pressure that obtaining life insurance is out of the question. Although it is true that some pre-existing health conditions can make it harder to secure life insurance, it?s not impossible. Fear not, you don?t need a clean bill of health to protect your family and finances in the event of your passing.

Life insurance is designed to protect your money and loved ones when you are no longer around to do so. Stepping in to help pay for your funeral expenses, remaining debt, and more, your family won?t have to worry about money. Still, there?s no getting around the fact that it is easier to obtain life insurance coverage without any pre-existing conditions than it is for those with conditions.

Here is a handful of conditions that mean that you?ll have to be more diligent about securing insurance:

• Cancer
• Cardiovascular disease
• Chronic obstructive pulmonary disease (COPD)
• Diabetes
• Heart attack
• High blood pressure
• High cholesterol
• HIV and AIDS
• Stroke

The best way to ensure that you?ll get the best possible life insurance at the best possible price, even if you have more than one pre-existing condition, is to employ the expertise of an impaired-risk specialist. These agents are well-versed as to which insurance companies tend to be more lenient or accepting when it comes to covering people with health and medical problems.

Though you may get a lot of rejection notices, it helps to shop around for the right insurance to suit your needs. From critical illness insurance to term life insurance to universal life insurance, the professionals at National Life Insurance Solutions can help. Visit us or call our office in to get started today!

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The independent agent or the captive agent ? what is best for you?

Whether you?re looking to open your own insurance agency or looking to purchase an insurance policy, it?s important to learn the difference between independent agents and captive agents. Once you?ve assessed who you need to contact for your next policy or what line of work you want to go into, you?re better prepared for the road ahead. Figure out if an independent agent or a?captive agent is better for your situation.

Captive agents are contracted to sell policies for a single insurance company, whereas independent agents can sell the policies of many different companies. In both cases, the agents must be licensed in the states in which they do business.

Captive Agents

Owning and operating a captive insurance agency means working for one company. You will only have to learn one company?s products, policies, and guidelines to do business, and you won?t have to worry about marketing as the brand will be nationally recognized.

The downside, however, is that you only have one product to sell your customers. Even if they aren?t the best prices or the most suitable product, they are the company you represent, and therefore the product that you must convince the customer to go with. Furthermore, if your parent company stops selling a certain line of insurance, you won?t be able to sell it either. You may be obligated to push certain products that you don?t feel your client needs or wants.

Independent Agents

Your main priority for your independent agency will be to build your own book of business and do the right thing by your customers. You are free to make your own hours, rules, and market your agency how and when you want. Best of all, you?re able to provide competitive quotes for your clients through multiple different insurance carriers. This means that if one product isn?t suitable for your client, you?re free to search for another carrier with a more suitable product line for your clients? needs.

As an independent agent, you will be a small business owner that will need capital to start the business. Money?may be tight until you start selling more products, and you must wisely put the money you do earn back into the company for growth.

Join National Life Insurance Solutions and find out how we can help you. From training to carriers to high commission, we ensure that you ? and your clients ? are never restricted in choice. Contact us today to get started.

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Most likely, your mortgage is your biggest monthly expense. Even though many of us focus on paying this on time every month, very few of us wonder what will happen if we can?t pay this bill due to death of a spouse, illness, or disability. The reality is, you?d still need to make payments or you?d risk losing your home to foreclosure. Therefore?mortgage protection insurance?is a valuable resource.

Mortgage protection insurance will pay you a set amount of money per month, usually for a period of up to two years, if you are unable to work. As a reliable form of coverage for yourself, home, and family, it pays to be wise when securing this insurance. Check out the benefits of acquiring this insurance below! This type of protection will also pay you a lump sum to cover your mortgage in the event of death of your co-borrower.

It protects your family.?If your mortgage payment makes up a sizeable part of your budget each month, it is wise to consider how your family might cover the cost if you or our spouse where to become deceased, critically ill, or disabled. With a mortgage protection policy, you can put your worries at rest knowing that if tragedy strikes you will be protected.

It is coverage you can use.?Life insurance is there for your family to use ? not you. Most mortgage protection insurance policies offer coverage that works if you become disabled or are unable to work.

Don?t wait until it?s too late to secure this reliable coverage. For the answers to all your questions and an in-depth personal consultation,?speak with the professionals?at National Life Insurance Solution today!

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Determine how to choose the right independent marketing organization for you.

One of the biggest challenges that newly licensed insurance agents face today is identifying the independent marketing organization that best suits them. The insurance marketing organization you choose is a major factor in your success or failure. As the vast majority of companies require you to contract through an independent marketing organization, it?s important to be aware of how to choose the right one to suit your needs.

Here are a few tips to get you started!

Create a list of independent marketing organizations that are strong where you are weak. With a huge amount of marketing organizations to choose from, it can be difficult to know where to get started. Start by composing a list of organizations that have a multitude of experience where you may be lacking.

Narrow down your list based on shared significance. What is important to you about your relationship with the independent marketing organization? Single out what you want to obtain from choosing an organization, and look for similar ones so that you have different organizations to compare.

Interview each group. Instead of picking an organization at random, take the time to interview each group on your list. Develop an inventory of meaningful questions, and compare each organization?s responses.

Let them prove it. Ask each of your final few choices what they will bring to the table in a shared relationship with you. If they can?t determine why you need them and what they can offer over their competitors, it?s time to reconsider the organization.

Build the relationship. If you like the staff, feel valued, and they follow through on promises, you will know that it?s the right choice. If they treat you like a number, it?s time to move on.

Are you ready to join the top-tier of insurance professionals? Visit National Life Insurance Solutions to find out why you should join us,?your trusted Organization of Independent Agents.

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As an independent insurance agency, we represent multiple carriers and are able to explore all of your insurance options in order to find you the best policy at the best price. When using a traditional insurance company, you are limited to what they themselves offer.

Over time your individual and business insurance needs may change and as an independent insurance agency, we can make that transition much easier on you.

When it comes to you, your family, and your business we want to make sure you have the coverage you need ? it?s our job to help you!

At National Life Insurance Solution?your needs are our first priority, contact us today for all of your insurance needs.

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