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Where can I go to get whole life insurance for my spouse and I?

I am currently with another insurance company but I am not please with them, I would like to know if anyone knows of a company that provides great whole life insurance for adults ages 27- 40 years old. Thank you for any help in advance.

Public Comments

1. You may contact a LOCAL agent of one of these great companies (Not in any particular order of preference): Nationwide, Monumental Life, Motorists Life, Metlife, Erie Insurance, Prudential, New York Life, Massachusetts Mutual, Western-Southern Life, State Farm, Allstate, Columbian Financial Group, Liberty Life, Liberty Mutual, American National, American General Life & Accident, Principal Financial Group. There are many other good insurance companies out there that can write the life insurance you need. Choose one with an A- (Excellent), or better rating from the A.M. Best Company. Call a LOCAL agent and have him/her do a free Financial Need Analysis (FNA), or other Total Need program, to help you determine in your own mind the amount and type of life insurance need to meet your personal short and long-term goals and objectives. If an agent recommends a certain amount or type of life insurance without doing the FNA, he/she is not doing their job, but doing you a disservice. Would you want a doctor to treat you without asking questions and giving you an examination? Of course not. The FNA is the agent's way of asking important questions, and giving you an Insurance Check-up. The FNA will also help you determine if you need Disability Income Protection, should you get sick or hurt and can't work. It will also help you determine if you need a tax shelter, such as an Individual Retirement Account (IRA), or a Roth IRA. According to statistics, disability is a greater risk than death prior to the age of 65. Best wishes. Edit: I don't know why rcdrury is trying to discredit insurance agents. If he were a TRUE financial planner, he would have the designation of Certified Financial Planner (CFP), or Chartered Financial Consultant (ChFC). It is illegal to dub one's self as a financial planner unless he/she has EARNED that designation. Merely being licensed to sell securities does not a CFP or ChFC make. I had been in the insurance business for 30 years, and have probably forgot more than he knows about the subject. Edit #2: In response to rcdrury's remarks, he is pigeon-holing insurance agents as a whole. It takes several years for an insurance agent to gain all the knowledge and proficiency that the agent needs, just like he and his "financial planning" business. I'm sure he wasn't the sharpest knife in the drawer when he first started 10 years ago. It's a learning process. As a manager, my agents not only had in-house company training, but took the Life Underwriter's Training Council courses, of which Parts I & II take two years. They taught agents to do personal and business life insurance programming to cover all the life insurance needs possible. Some went on to get their CLU designations. When agents were hired, they had to go through a ridged training program called Financial Need Analysis, before they were introduced to the field. We also had office training nearly every week, gaining product knowledge, prospecting, obtaining appointments, fact-finding to determine need, showing solutions, answering objections, closing, and delivering the policy. We did roll-playing to help in the process. Now, the fact-finding, determining need, and presenting the solution are done by computer. But, can be overridden if the client wants to make changes in the plan. This is a PROFESSIONAL way to take care of a clients personal life insurance needs. So, I say, don't judge the whole bushel by just a few rotten apples. There have been "financial planners" that rcdrury could also pigeon-hole by his definition. I mean some who have stolen billions.
2. Any carrier with an AM Best rating of A+ or higher will do. More important than the company is who you purchase it through. Use a qualified financial advisor who determines your insurance need based on a comprehensive financial needs analysis. For most people, some permanent coverage, such as whole life, is advisable; but for working age adults, most of your coverage should normally be term. Life insurance is a complex financial instrument to be acquired for specific purposes. As such, an insurance salesman is not qualified to advise you. Never purchase life insurance from an insurance agent or over the internet. Added: In response to james m's edit, I am trying to do nothing but differentiate legitimate financial practitioners from salespersons who generally (many agents excepted) lack the knowledge, qualifications, and objectivity to engage in financial advisory services. In all but a very few states, james' allegation of illegal use of the term "financial planner" is incorrect. The CFP designation is a registered commercial trademark, and not a credential regulated by any governmental body or law. A financial planner is an individual who is generally qualified in all major areas of personal financial management and makes his living offering objective, comprehensive, and independent financial advice. The FPA (the originator of the CFP designation) is not a legal authority in dictating who is qualified to engage in financial practice. I'm not convinced that they would even be competent to do so. I've known and worked with several fine CFPs, but none of them make the list of the best financial advisors I have known. In fact, few who top that list have any designations at all. .
3. You can contact any local agent, to get multiple quotes with multiple companies. You can find a local agent, at www.iiaa.org.
4. You may try to google it,here http://www.InsuranceFreeTip.info/insurance-for-free.htm has some direct resource that might be helpful.