A Consumer's Guide to Buying Life Insurance, Long - Term Care Insurance and Annuities

Part of IMSA's mission as an organization that promotes high ethical standards in the sale and service of individually-sold life insurance, annuity and long-term care products is to protect consumers. To that end, one of our goals is to help educate our online visitors so that they can make wiser decisions in the insurance buying process. We hope that this section of our web site serves as a useful aid in understanding the basics of life insurance, long-term care insurance and annuities.

Assessing Personal Insurance Needs

We cannot predict the future, but we can prepare for it. Assessing your personal insurance needs can help you properly plan to protect your income, savings and future from life's uncertainties. Whether you are concerned about what would happen to your family in the event of your death or are concerned about outliving your accumulated savings in old age, there are multiple products available that can provide financial protection and security. Here, we will focus on those product lines within IMSA's scope: life insurance, long-term care insurance and annuities.

Researching insurance

While we provide a basic introduction to life insurance, long-term care insurance and annuities, there are many resources available for further research. Whether you'd like to learn by using the Internet or would rather meet with an agent for a thorough explanation and needs assessment, we've provided a list of useful web links as well as a list of our member companies as a next step. You could also request information from your state's insurance department.