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Anonymous

07 Oct 2020

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SeedlyAMA

How do I know if an insurance agent is good or the right one for me?

I'm meeting my insurance agent tonight with an intent to buy some policies for the first time, we don't know each other personally.

AMA MoneyOwl

Discussion (5)

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Jayden

07 Oct 2020

Manager at Board

Actually first time meeting agent is good to understand more. There is no need to immediately buy on the spot! You should ask all the questions and by him/she explaining and breaking down the differernt policies, you will know if he/she is genuine good or just sales. If really the agent is hard-selling and to keep stressing you to buy on the spot, you can just give that agent a miss. Fyi, I purchase my policy on my second meet with my agent who is a friend of mine. Cheers to tonight!

Since its your first time, take everything with a pinch of salt. Know what you want to buy first, eg hospitalisation plans should be your priority. Term/TPD/Ci will depend on your current responsibilities and it will vary with every individual. If the agent sells ILPs/WL (most costly) without understanding your situation then something is wrong. It is very difficult to determine whether he/she is good/bad till something happens. (touch wood) Trust is really important here and just temporarily remove the stereotypical image of a fi. All the best.

Chuin Ting Weber

07 Oct 2020

CEO and CIO at MoneyOwl

Dear Anonymous,

Thank you for your sharing your thoughts! I thought I would answer this now since y...

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