Finding the Best Fit: How to Choose an Investment Insurance Agent

Every investment insurance is influenced by your choice of financial advisors. They guide you through your options, help you understand your financial goals, and help you navigate the world of insurance investments.

Finding the right insurance agent is just as important as selecting the right insurance policy. In this article, we’ll give you tips on how to choose an investment insurance agent who will help you make informed financial decisions.

What Does an Investment Insurance Agent Do?

An investment insurance agent is a professional who helps investors like you choose insurance policies that meet their needs and goals.

Their role encompasses knowledge of investment products, assessing each client’s financial situation and goals, and recommending the most suitable insurance and investment strategies.

Most potential investors wonder, “Can I choose an investment insurance agent?” The answer is Yes!

An agent will speak with you if you walk into an InLife (Insular Life) branch. As a client, you have the freedom to choose an agent you believe best fits your personality and financial goals. And we suggest that you do!

Since an agent is someone you trust with your financial decisions, it’s vital to choose someone you trust and feel confident in.

How Do I Choose an Investment Insurance Professional?

Treat your initial meeting with an investment insurance professional as a job interview. Take the time to learn about their qualifications and personality so you can make an informed decision. Here are things you can do to help you become familiar with your agent:

Check the Status of Their License

Insurance agents in the Philippines are required by the Insurance Commission (IC) to complete training and pass the examination to get a license. They’re also required to renew their license every three years.

Before working with financial advisors, it’s best to check if they are licensed to sell insurance and investment products. Checking their license may also reveal how long they have been a licensed insurance agent.

Ask About Their Experience

License is one thing, but experience is another. An agent’s experience will tell you about their expertise within the insurance industry.

If you’ve recently reached the point where you want to grow your money, an investment insurance agent can offer tips on how to invest for beginners – something that an agent who focuses on health insurance may not be qualified to do.

Ask How Long Their Average Clients Stay with Them

One of the main signs of good financial advisors is their retention numbers. This is a sign that they were able to “take care” and build rapport with their clients.

In contrast, an agent who cannot retain clients for long should make you question their abilities and integrity.

Get to Know Their Personality

Your advisor play a significant part in your financial planning process, so their personality and communication style must match yours. This way, you’ll feel comfortable discussing personal financial matters with them.

A high-energy insurance agent may be a great salesperson, but if you’re not comfortable with them, you may hesitate to reach out when you need to. By considering the personality aspect in choosing an investment insurance agent, you can secure a positive experience.

At the end of the day, the best agent to choose is the one you are comfortable and confident in – someone you vibe with.

What to Look for in An Investment Insurance Agent?

How do you know if the insurance agent you’re speaking with is the ideal partner for you? Here are some qualities to look for:

Emotional Intelligence

Financial advisors with high emotional intelligence can better understand and respond to their client’s emotional concerns, which enables them to perceive what clients truly need.

They can determine the best approach to help clients appreciate their realities or the value of certain products. So, these agents are more capable of directing their clients to the right direction.

Good Customer Service

An investment insurance agent who is responsive, patient, and willing to answer your questions is key to a positive experience. An agent who provides good customer service can help you feel reassured and content with your insurance.

Good customer service is not just about timely responses to your inquiries but also efficient turnaround time for the things advisors need to do to keep your investment insurance updated.

Good Communication Skills

Strong communication skills are vital in insurance agents. You would want to work with one who can clearly and concisely explain the investment insurance products their organization offers, their pros and cons, and other details. The advisor should be able to answer your questions and relay important information in a way that you understand to avoid miscommunication.

Strong Technical Knowledge

Of course, you should look for insurance agents who have a strong understanding of how insurance and investment work so they can also explain this to you. They should have a strong understanding of the products they offer, especially customizable insurance options like the Wealth Assure Plus, so you can choose the most suitable investment insurance policy for your goals.

You have a higher chance of success when you work with an agent with the necessary know-how.

Problem-Solving Skills

You need to choose investment-insurance agents with great problem-solving skills, so you know they can help you find solutions to any concerns or issues that may arise.

They can help you find the right insurance investment product for your financial needs.

Honesty

Honesty is a must in fina. You should be able to trust them to give you accurate information about insurance and investment products so you can make the right decision. They should be upfront about the potential risks and benefits of each product.

Honest financial advisors helping you manage your finances offers relief since you don’t need to doubt what they’re saying.

Passion

It’s always a pleasure to work with those who are passionate about their work. These individuals are always motivated to help their clients. They also know the ins and outs of the industry because they care about it, and in turn, they care about their clients.

Working with them is easier – they’ll patiently discuss your goals and needs, guide you through all relevant information about your options, and help you make the right decisions.

Choose Your Agent Wisely

Your investment insurance agent will be your partner in financial planning. Choosing an investment insurance agent who not only understands your goals but also has the skills and qualities aligned with your needs can be key to achieving financial success.

InLife's financial advisors are dedicated to our mission of helping every Filipino achieve financial security. They're here to guide you with every step you take toward building your financial future.

Get flexible insurance in the Philippines that offers comprehensive coverage and growth through investments. Contact us today to meet your insurance agent.