Though promissory notes may be sold with some life insurance policies, it is important to be wary of promissory note scams which claim "high returns for a minimal investment." Remember to use good common sense and close scrutiny when evaluating claims made by promissory note sales agents. "If it sounds too good to be true, it probably is," warns Insurance.com Vice President Sam Belden. To help protect you and your investment when it comes to promissory notes, Insurance.com has listed some helpful tips below:
If you want to get a life insurance quote, please visit our Life Insurance section. Here you can compare multiple quotes from top life insurance companies—which helps you find the best life insurance coverage for you and your family or needs.
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Originally posted September 20, 2004.
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