How to Save Money on a Life Insurance Policy

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Saving money on a life insurance policy is achieved by buying the correct policy the first time around. Find a good financial adviser when buying a life insurance policy with help from a licensed insurance agent in this free video on life insurance.

Part of the Video Series: Life Insurance
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Hi, my name is Bill Rae. I'm a licensed life agent, and I've been in the business for over two years, and the question is, How to save money on a life insurance policy? Boy, that's an interesting question. I'd have to ask you, What do you mean by saving money? You see, some people try to buy cheap policies, but end up really regretting it down the road, so how do you save money on a life insurance policy? The answer I would give, is make sure you buy the right one the first time, and how do you do that? Seek out a good adviser. Make sure you take the time to ask the questions that are necessary, for you to be comfortable in understanding, what type of insurance you're actually buying. In the life insurance industry, it's not always about whether you collect on death or not, but the type of policy you're purchasing. We have term insurance, we have whole life insurance, we have universal insurance. Which one is best for you? that depends. Seek out an adviser, and sit down and have a conversation. Find out what policy is best for you. My name is Bill Rae,and I'm helping you build wealth.

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