MAIL ORDER

A few insurance companies sell through the mail. You mail a completed application directly to the company. The company usually does not have an agent in your hometown.

THE INTERNET

A growing number of insurance companies are expanding their marketing and are starting to sell policies on the Web. All state laws and regulations regarding selling insurance apply to the Internet and insurance-based Web sites. Do your research and make sure the company is authorized to do business in Connecticut, for an example, such as Workers Comp Hartford and  Group Benefits Hartford, CT. If you have questions, call our Insurance Consumer at 800.564.4107.

AGENTS AND BROKERS

Most people buy life insurance through an agent or broker.

Agents and brokers operate differently. Agents represent one or more companies. The agent’s job, which is commission based, is to sell you the policies of the company he or she represents.

Brokers represent and work for you. Typically, you describe to the broker the type of coverage you want and the amount you want to spend. The broker surveys the market and brings back options for you to review. Brokers also receive a commission on the sales they arrange.

Choose your agent or broker carefully. It is wise to select someone who is an established business person in your community. You may wish to ask, “What makes you feel you are qualified to talk to me about my financial security?”. Reliable sales people should not mind verifying their credentials or listing their qualifications. If you have concerns about an insurance provider or a sales offer, contact our Commercial Property Middleton, CT Insurance Consumer at 800.564.4107.