Life Insurance and Annuities

22 If you are considering buying, reviewing, or replacing insurance, then the following insurance tips can be of assistance: • Verify status of the agent and insurance company (call the California Department of Insurance toll-free at 1-800 927-4357). • Never be pressured or intimidated by an agent. • Answer all questions on the application correctly. • Never sign an incomplete or blank form, or anything you don’t understand. • Compare policies or contracts carefully. • Always read your policy or contract. • Keep your policy or contract in a safe place. • Seniors shopping for annuities should also order or view the informational guides: Annuities: What Seniors Need to Know and Informing Seniors/Senior Insurance Bill of Rights. The Department of Insurance cannot make recommendations concerning life insurance or annuity products. However, you may contact the CDI for informational guides on all types of insurance such as Auto, Home, Life, Annuities, and Health. The CDI can assist you with any insurance question, concern, or problem. You can reach us toll-free at 1-800-927-4357 or www.insurance.ca.gov. This guide is intended to address some of the more common issues faced by consumers when making life insurance decisions. However, it does not address all the issues which may affect someone intending to purchase, replace, or change a life insurance policy or annuity.