Facts About Life Insurance

Why to use a Fee-Only Life Insurance Advisor--and not an agent--to help you find the right life insurance products for your needs.

Reasons to use a Fee-Only Life Insurance Advisor
Maximum Benefit, Minimum Commission

Lee was a successful banker who founded a chain of local banks in three southern states. After approaches by several life insurance agents, he decided to purchase $5 million of life insurance for he and his wife to provide funds to pay estate taxes, thereby keeping the banks family-controlled.


Lee selected a company. But after unsuccessfully trying to negotiate a lower commission with the local agent, he hired a Fee-Only Life Insurance Advisor who reviewed the proposals—and suggested that a minimum commission alternative was available.


The commission savings generated for Lee exceeded $250,000, nearly two times the annual premium; the consultant’s fee was less than 5% of the savings and the entire case was completed in less than 60 days.