What Questions Should I Ask When Buying Life Insurance? 
There are definitely some questions you need to ask whenever you are shopping for life insurance . The answers to these questions should help you to consider which direction to take in your purchase ; 1 -RRB- Begin with telling the agent exactly what you need the life insurance to do . This way you can let them know that you know what you are looking for and need guidance on the vehicle best suited to get you to your destination . 2 -RRB- Does this policy accumulate cash vale ? You may or may not have a need for cash value but you certainly want to know if it is building cash value up . 3 -RRB- How long can the insurance company contest this policy ? There is a period of time with insurance policies where they can be contested for accuracy in the information given at time of application . 4 -RRB- Does this policy carry any loan provisions ? Can you borrow against it ? 5 -RRB- Can I add riders to it for my family members instead of getting them separate policies ? 6 -RRB- What is your company 's claim paying status ? Does this company pay its claims in a timely fashion ? 7 -RRB- Who will be my agent ? Many agents only sell a policy and then disappear within a few months . If you have a problem with your policy there is no agent to help you and you are forced to deal strictly with customer service . If possible , always insist on having an agent . 