Cash Value Life Insurance

Finding a Good Policy

When you are looking for a life insurance policy, don't make the mistake of buying the company rather than the policy. Make sure the policy is exactly what you need. But don't buy from a company that is not a safe company.

Comparing life insurance policies is a trying task for a full-time professional, and more so for the average consumer. As with anything else you buy, you should do your homework by getting acquainted with life insurance illustrations, riders, agents, and companies.

Also, purchasing variable policies raises some of the same issues as investing in securities. The insurance company is required to issue a prospectus, so request the prospectus and check to see that the mortality costs and expenses are reasonable and competitive. Then evaluate the underlying sub-accounts, as you would when considering an investment in a mutual fund. Look at the quality of the company, investment objectives, diversification, length of manager tenure, and past performance.

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Investment and insurance products and services are offered through INFINEX INVESTMENTS Member FINRA/SIPC. River Financial Services is a trademark name of the bank. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including possible loss of value.