What documents do I need to prepare before meeting an agent?
Answered by 6 licensed agents
You should have any current policies and any group coverage. Be ready to discuss incomes, debt, expenses and any other financials that would need to be taken care of. Also be open with investments you want to take that into consideration when planning life insurance.
If it is for the purpose of getting a Medicare health plan then I typically ask for the Medicare MBI card, List of Doctors, Specialist, preferred pharmacy and Medications. Also if you have a representative such as a POW then you need to bring that person into the mix.
Bring any current life insurance policies held to discuss, review and compare to a new policy being purchased. Also bring checking or savings account information and an official ID like driver's license.
I always recommend that people have an accurate medical profile, list of medicines, etc. This doesn't have to be a formal document but will help your agent recommend the policy options that are most suitable for your situation. It's also important to be able to share if you have other policies and sometimes those need to be noted on the actual application, so having them available to review is helpful. Last, many policies require some fiscal disclosure. It's important to have an idea about total debt, net worth, etc.
A list of questions. Valid information like address, phone, email, mailing, who is the owner of the policy and who are we insuring. Driver's license numbers, social security numbers. List of beneficiaries and how you want the policy to be divided. The beneficiaries address and information.
