Purchase policy only from an established insurance agent for good service

They offer good service and assist at claim stage; newbies have high turnover rates

The tax-investment season is in full swing. If you plan to buy an insurance policy, remember that not only must you buy the right policy, but you must also purchase it from the right agent. Buy from an established agent rather than a novice who may not be around when you need his assistance.
 
Suitability analysis a must
 
Before selling you a policy, an agent must do suitability analysis. “He must try to understand the customer’s needs by looking at his income and financial goals,” says Atri Chakraborty, chief operating officer, IndiaFirst Life Insurance.
 
Bharat Parekh, chief