If you are at home between the hours of 9 and 4, and you are tuned in to any television channel imaginable, then chances are that you will come across a message from one of the televangelist informercials relating to life insurance who seem about as sincere as Brittney Spears marital vows.

These ads generally promote that you can get life insurance for as little as $4 a week or something similar. However, what they don’t tell you is that the policy you can receive with someone else is far superior and less expensive simply by calling a regular life insurance company or an adviser.

When calling in response to one of these infomercials, you are still required to give medical details, unless ou are after a Funeral Plan (whose premiums are almost DOUBLE that of normal policies for that value).

So, here are the three reasons to beware of television life insurance offers:

1) The premiums charged almost 40% higher than normal policies

2) There are many exclusions such as conditions you have suffered in the last 2 years.

3) No advice offered

So, if you do feel the urge to contact these insurers after watching one of their promotional spots on daytime television, be sure to check with your adviser or do some more research.

PD