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FINDING A GOOD BUY
Guarantees
Determine the guarantees on premiums, death benefits, expenses, cash
value, mortality changes and cost of insurance. Get these guarantees
in writing.
Sales Illustrations
It is likely that an agent will show you one or more life insurance
sales illustrations. An illustration consists of a series of numbers
indicating how the policy works. The illustration usually shows the
guaranteed results under the policy for each year in the future, and
the results if all the non-guaranteed items continue unchanged at their
present level. This will probably not happen - actual results may be
better or worse than the non-guaranteed amounts shown in the illustration
(but not worse than those that are guaranteed).
Using Indexes
Your chances of finding a good buy are better if you use the index numbers
that have been developed to aid you in shopping for life insurance.
The Buyer's Guide that each insured is required to provide a purchaser
explains these index numbers in detail. They are good tools to help
you compare the merits of similar policies.
Life Insurance |
California Life Insurance | Group
Life Insurance | Term Life Insurance
|Kaiser Life Insurance
Anthem blue cross Life Insurance
| Pacificare Life Insurance |
Blueshield Life Insurance
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