Making financial decisions can be challenging for everyone. One financial decision many people ponder is whether to buy life insurance. If you live near Midlothian, TX, our team at Amy Tounget Insurance Agency LLC will explain the benefits of life insurance and help you choose a policy that’s right for you. We’ve been working with clients like you since 2019.
Beware of Insurance Fraud
The Texas Department of Insurance wants potential insurance clients to be aware of the increased incidence of insurance fraud, including life insurance. Insurance fraud occurs when agents misrepresent facts when selling insurance. For example, a company without a license may try to sell you an insurance policy, but they will not pay your beneficiary any money. According to the Texas Department of Insurance, fraudulent companies may use a pressure-filled sales approach, like telling you it’s a “one-of-a-kind deal,” or refusing to show you the contract.
If you believe you’ve been a victim of actions that amount to insurance fraud, you can report it to the Texas Department of Insurance. The Department has a dedicated fraud unit, which will record your information and investigate your claim. Texas law protects you from being prosecuted from reporting an insurance scam if you have done so in good faith. To prevent the possibility of being fooled by a scam, always verify a potential insurance agent’s Texas license before paying any money for a policy. Life insurance scam red flags can include extremely low premiums for a seemingly high value policy, being asked to pay in cash for premium discounts, or never receiving statements showing that premiums were applied to your life insurance policy.
Call Us for Your Life Insurance Appointment
Life insurance is a great way to continue providing for your family after your death. Our team at Amy Tounget Insurance Agency LLC knows that choosing insurance policies can be challenging, and we’re here to help you through the process. Clients who live in the Midlothian, TX, and surrounding area can rely on us for excellent customer service. Call for an appointment, and let’s talk about your life insurance options.
