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Buying insurance policies from relatives
This is a very interesting topic which I felt I must share with everyone especially those with relatives who are advisers/agents. But before I start I will like you to first ask yourself this question, if you being approach by your relative to purchase an insurance policy, do you just sign after your relative simply mention to you the benefits of the policy? The chances of the above is pretty high I must say as usually the first group of prospect any adviser or agent would approach are their relatives as this is the group which offer the least resistance. Most relatives will support their adviser/agent relative especially if they can afford the premium and these relatives usually just require the following information like what is the premium, what is the coverage and coverage for how long. These are the 3 main questions asked and no matter what is the answers as long as the premium is not too high, the case would be closed. I mean there is no right or wrong with the case being closed in this manner but the
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