Questions to ask before purchasing a Life Insurance Policy/Annuity

1. How much is your commission?

2. What is the actual insurance premium tax charged by the state?

3. What do you charge me for this tax?

4. What is the cost of the Death Benefit?

5. What is the cost of Mortality and Expense charge?

6. What are the sub account management fees?

7. What are the surrender charges?

8. How much is the administration fee?

9. What riders are offered with the policy?

10. What is the fee charged for the rider(s)?

11. What is the credit rating of the insurance company?