Which Denver Life Insurance Company is Right for You?

Monday, 13 December 2021 10:14

Few policies are as important as your life insurance. That policy carries significant weight on the future financial security of your family. In short: purchasing the right life insurance policy is a big decision. That's why you can't rush the process and buy a policy from just any Denver life insurance company.

It's important to take your time, research local insurers, and compare policies before making a purchase decision. Today we'll discuss ways to find the right insurance provider for your needs.

How To Find the Right Denver Life Insurance Company

Cost might be your top concern when it comes to buying any insurance policy. In fact, one study found that 46% of U.S. adults do not own life insurance, and one of the main reasons why was that it's "too expensive" (LIMRA).

No one likes to pay high premiums on an annual or monthly basis. But, you shouldn't hyper-fixate on the cost of a policy when making your decision. Be sure to consider the following factors when deciding on your insurance carrier.

Product Offerings

There are many different types of life insurance packages available to you. Many insurers will offer a wide array of policies and features, such as:

  • Long-term care riders
  • Cash value plans
  • Mortgage protections
  • Employee assistance programs
  • And more

However, not all companies will offer the same products or features. You need to find life insurance coverage that meets your needs.

Financial Solidity

Your insurance plan is a long-term commitment, whether you need term life insurance or a whole life policy. As such, you'll want to ensure that your selected provider is financially sound and will be for many years to come.

Compare ratings of independent rating agencies to evaluate the financial strength of a given company. These include A.M. Best, Fitch, KBRA, and others. Each of these agencies has its own rating scale, so it's a good idea to view different ratings across these agencies.

Customer Service Record

Life insurance isn't always a straightforward product. It's complex, confusing, and very different from other policies you already have. That's why it's helpful to have a reliable insurance agent on your side who is communicative, attentive, and friendly.

Your agent will help break down your individual policy into clear and concise terms so you have a better understanding of what it entails. Then, they'll walk you through your coverage options and help you select the right policy for your needs.

The last thing you need is to be stuck on the phone for hours trying to reach a customer service rep when you have a question about your coverage. So be sure to consider the customer service capabilities of your insurer.

Company Ownership

Many people assume that it's best to buy a life policy from a large financial services company or other financial professionals. However, this might not be the best move.

Bigger corporations are focused on maximizing their profits. That means they aren't always focused on the needs of their customers.

It's best to look for a company where the customer comes first. Smaller agencies, like Adler Insurance Group, tend to be family-owned businesses that are focused on their customers' needs.

Quotes

Of course, it's important to compare the projected costs of your insurance policy. The premium of your policy will depend on multiple factors, such as:

  • Your age
  • The type of life insurance policy
  • The amount of coverage you're purchasing
  • Your policy's period of time
  • And more

Premiums will vary widely from one company to the next. So, make sure you gather quotes from various insurance companies and carefully weigh the costs.

Request Your Quote in Denver for Life Insurance

If you're interested in purchasing life insurance in Denver, then you've come to the right place. At Adler Insurance, our skilled agents have decades of experience in the industry. We prioritize customer service and will provide personalized advice to help you acquire the coverage you need.

Contact the Adler Insurance Group today to get your custom quote from a top Denver life insurance company.