Laurel Blond, a graduate of Harvard University, currently serves as president of the Maurice Blond Agency, Inc., a provider of life, health, disability, and long term care insurance. Laurel Blond is married to Rabbi Leib Tropper.
Choosing a life insurance plan represents one of the most significant decisions an individual or family can make. Fortunately, there are a few guidelines to keep in mind while shopping for policies that can make the process easier. To begin with, life insurance policies are separated into two distinct groups: whole life and term policies. Whole life is much more expensive when compared to term policies, which act as pure insurance coverage. It is advisable not only to shop for a number of different quotes, but also to look at plans with a variety of options. This will help give you an idea of exactly what type of coverage is out there and how much it costs.
Any agent or organization that is selling a life insurance policy should be able to explain each of their plans in full detail with a clear bottom line. If they cannot, take your business elsewhere. On the other hand, if you have found a life insurance professional who works well for you, do not hesitate to ask him or her as many questions as you can think of. Finally, after purchasing a policy, continuously ensure that its stipulations and parameters are relevant and do not need to be updated.