The Easy Way To Buy InsuranceWritten by Jim De Fazio
We all know importance of having right insurance whether it’s Health, Home, Life, Auto or Long Term Care. We also know that there are many different types of policies and just as many different prices. Who doesn’t want to think that they are getting best coverage for best price? That being said, who has time to call five or six different companies to get best rates or patience to wade through stacks of junk mail that we all get with each one claiming to save you money on your insurance needs? Well there is an easier way! There are many online websites that will give you a quote on your insurance needs but which ones are reliable? Here are some tips that should help. 1.Avoid companies that only offer you one quote from one company. This is no better than you having to call various insurance companies to compare prices.
| | Choosing Your Financial AdvisorWritten by Dan Noyes
With so many financial advisors trying to woo you with their qualifications and experience, how do find one you can trust your finances with? ‘Trust’ is keyword here, as you will depend on him/her for your future financial security. A good financial advisor can help you determine which investments are best suited for you, based on your financial goals. He/She will also be able to help you with a savings program to build your assets. First and foremost, identify your own needs i.e. your risk-tolerance, insurance needs, taxes and whether you want short-term or long-term benefits. Once this is done, choosing a financial advisor becomes easy. Seek references from your friends and get inputs about their own experiences. You then need to interview advisor and ask him questions about his experience, track record, services provided, investment approach and educational credentials. Gauge your level of comfort with advisor as you are looking for a long-term relationship. Never hesitate to ask whatever is on your mind; however foolish questions may sound. Always remember that it is your money and your future. Ensure that your financial advisor has time to meet you frequently, perhaps once every three months and explain everything you need to know. He/She should be able to provide you with a quarterly assessment and advice you on any change in strategies. To get this one-to-one personal advantage, select a smaller firm than a larger one with an exhaustive clientele. Make sure that you choose an advisor who is compensated on a fee-only basis rather than on brokerage commissions. Advisors who work on commissions are obviously placing their own financial gains above your efficient financial management. They may recommend frequent and unnecessary transactions to derive benefits from them.
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