What Issues Should I Consider When Purchasing A Life Insurance Policy?

Life insurance is key to comprehensive financial planning, whether it serves a traditional risk management function or is put to another use. In the course of a client relationship, you will likely analyze the need to purchase a new life insurance policy at several points. This can be of particular importance with new clients who may be uninsured or underinsured and need to protect their loved ones.

To help you guide your clients through an introductory life insurance conversation, we have created this checklist. It covers key considerations, including:

  • Purpose of coverage
  • Appropriate amount of coverage
  • Types of policies
  • Rider options


Updated for 11/15/2021

Click here for a client-facing email template.