Why Consumers Should Only Hire Independent Insurance Agents

Insurance agreement

When it comes to buying life insurance, there are two main types of agents you can work with – captive agents and independent agents. While both types of agents can help you find the right life insurance policy for your needs, there are many benefits to working with an independent insurance agent that make them the better choice for most people.

Here are a few of the key reasons why you may want to consider working with an independent insurance agent over a captive agent.

  1. Wide range of options: Independent agents have access to products from multiple insurance companies, which means they can offer you a much wider range of options to choose from. This allows you to compare policies from different insurance companies and find the one that’s right for you. With a captive agent, you’re limited to the products offered by just one insurance company, which can make it more difficult to find the best policy for your needs.
  2. Objectivity: Because independent agents have no ties to a single insurance company, they can provide objective advice and recommendations based on your specific needs and budget. Captive agents, on the other hand, may be more likely to push policies from the insurance company they represent, even if those policies may not be the best fit for your needs.
  3. Personalized service: Independent agents take the time to get to know their clients and understand their individual needs, which makes them a great choice for anyone who wants a more personalized approach to buying life insurance. With a captive agent, you may feel like just another customer, and not receive the individual attention you deserve.
  4. Ability to negotiate: Independent agents have the ability to negotiate with multiple insurance companies to get the best policy and price for their clients. Captive agents are limited to the products and pricing offered by their insurance company, which means they may not be able to get you the best deal.
  5. Convenience: Working with an independent insurance agent can be more convenient than working with a captive agent. Independent agents often have access to a wider range of policies, which means they can help you find the right coverage faster. They also handle the application process and work with the insurance company on your behalf, so you don’t have to spend hours dealing with paperwork and insurance companies.

In conclusion, working with an independent insurance agent offers many benefits over working with a captive agent. With access to a wide range of options, objective advice, personalized service, the ability to negotiate, and convenience, an independent insurance agent is the better choice for most people looking for life insurance. If you’re in the market for a life insurance policy, consider working with Safeguard Mutual today and experience the benefits for yourself!