facebookWhat are some information I will need to get from an insurance agent from our first meeting? Looking at an all-in package of insurance including CI, TPD, whole/term life. ? - Seedly

Advertisement

Anonymous

22 Apr 2020

βˆ™

Insurance

What are some information I will need to get from an insurance agent from our first meeting? Looking at an all-in package of insurance including CI, TPD, whole/term life. ?

Discussion (6)

What are your thoughts?

Meet him or her, chit chat and be upfront and honest. Let him review your financial health and see what he/she suggest.

​

Don't be pressured to buy anything immediately or sign anything. Instead, let him/her go back and do a proposal for you. In the meanwhile, if you come across another agent, do the same thing.

​

Buy only when you are comfortable. Buying insurance is a 2 way street. Be open and honest about your financial health but don't be afraid to ask whatever questions you have. Be open, honest AND ask. Just ask it.

Kenneth Lou

Kenneth Lou

30 May 2018

Level 14Β·Co-founder at Seedly

I have a slightly different experience! For my first meeting, I would not expect that you will need to bring anything. In fact, what you do need to bring is an open mind. They should be starting to share with you your financial holes and gaps. It would also be good to have a rough idea of your cashflow (in and out) and overall asset and liabilities position :)

​

What I highly recommend is also instead is to figure our what you really need (which you already kind of understand the terminologies).

​

I would really think of reading this article first before hand: It's unbiased and written with the consumer in mind: https://blog.seedly.sg/working-adults-what-are-...

​

In reality insurance really is about sufficient coverage for the right reasons at the lowest cost.

​

After that, all should be fine and never commit to anything at the first meeting. They don't expect you to as well. Just go ahead and take the information home to understand it better. :) Before coming to a conclusion.

Luke Ho

Luke Ho

07 Jun 2019

Level 10Β·Kick-Ass Financial Services Consultant at Trillion Financial Planners

Hrm, actually chose to bypass this question because it was mostly covered already.

​

I'm gonna add...

Read 4 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Continue with Facebook
Sign in with Apple

Sign up or login with an email here

Write your thoughts

Advertisement