LogFAQs > #897243700

Jen0125 posted...

I really agree. I think insurance agents should be done away with. They don't actually ask you in depth questions to gauge what coverage you need. That means sometimes you aren't adequately insured and sometimes you're over insured.

I investigated life insurance and pretty much everyone there was over insured because agents were compensated based on the face value of the new business they generated, so there was literally no incentive for them to do anything other than sell the largest policy they possibly could.