Facts & Articles On The Different Types Of Insurance

Life Insurance Online Network Pleased to See New Measures to Protect NY Seniors

Albany, NY (PRWEB) May 29, 2008 -- As a leading source of information regarding the life insurance industry, PlatinumInsurance.info is pleased to say that there is good information regarding their industry in the state of New York. The New York Department of Insurance has created a Senior Protection Unit, which will help keep seniors from being taken advantage of by unscrupulous life insurance agents.

Unfortunately, there are some bad apples out there that will try to sell a life insurance policy to seniors using high pressure sales tactics, and may also misrepresent themselves with misleading titles. Life insurance brokers or agents in New York State who use titles that mislead seniors, such as "retirement planner," "senior advisor," "certified" and "senior consultant," will face penalties under the watch of this new unit. Agents or brokers at a legitimate and reputable life insurance company work very hard to earn real titles such as Chartered Financial Consultant or Certified Life Underwriter. These devious practices are unfair to them, and unfair to seniors.

The team at PlatinumInsurance.info believes that these misleading tactics in the attempt to sell a life insurance policy to seniors are intolerable, and is pleased that this special unit has been set up. This unit will be issuing alerts to warn consumers about the sales tactics seniors are exposed and to, and will also issue bulletins to those working in the life insurance agency. In addition, they will impose penalties on agents and brokers who misrepresent their expertise when they try to sell a life insurance policy to a senior citizen.

To learn more about Platinum Insurance or to find the right life insurance company to work with, visit www.platinuminsurance.info.

About Platinum Insurance:

Platinum Insurance strives to offer the best services for anyone who needs help with life insurance. Their Web site was created for those who want to find out more about life insurance, term life insurance, whole life insurance and universal life insurance. Consumers can find a perfect life insurance policy with experts to help make the right decision.

Every person who thinks about their family and loved ones should get life insurance for their protection. Life insurance allows people to know that their family will be safe if something happens to them, and it can also be used for later emergencies or financial problems. Not many people like to talk about life insurances, but it is something that any person should have. The Platinum Insurance Web site can help consumers to learn more about life insurances and prepare them to find the best policies.

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