
The Life Cycle of an Insurance Policy
Now for some reason, when I start to think about the life cycle of a policy, School House Rock’s I’m Just a Bill refuses to get out of my head! And while ‘I’m Just a Policy’ doesn’t have a fun refrain or animated storyline, it does have the advantage of moving faster through it’s cycle than the US Government allows bills to! So what exactly happens when you go to purchase your insurance policy? Well, after you find an independent agent, they’ll ask you a few questions to determine what you’re looking for and what type of insurance you’ll need. Independent agents represent multiple insurance companies and will usually know where they can best place the coverage depending on the risk. Your agent will start a quote either directly on…