Currently have 2 life insurance policies. Need advice in comparing the two. Willing to pay $.

First and foremost, I am completely ignorant when it comes to life insurance policies. I try my best to understand the policy, but it just goes through my head.

About a year ago, I (28M) got my first life insurance policy (IUL) with Mutual of Omaha. 2 months ago, I got a call from an agent saying that they have a better policy for me at a cheaper monthly cost. I signed some paperwork and it went to underwriting which took 2 months. Without any update from the agent, i get a charge on my card to American Amicable Life Insurance Company of Texas. I wasn't aware that the policy was created, but regardless i decided to create an account and log in to my policy and check it out to see if the insurance is better. The monthly difference is only $10. There's a lot of information on the policy that i don't understand other than the death benefit being 300K for mutual and 250K for American Life (doesn't seem better to me). I have 30 days to cancel the insurance and get my money back but i would like to know if it is indeed better. If it is, i can cancel my Mutual.

What I'm proposing is this, I'll send you the policy documents (2 PDF's with redacted information). Once you analyze them, thoroughly explain the policies to me in layman terms, and answer any questions i might have. Of course no one will do this for free, which is why I'm willing to pay for this service. I'm not sure what the price would be for something like this but i was thinking maybe $30? Price can be negotiable i guess.

I'd obviously prefer someone who is knowledgeable with life insurance policies. Send me a DM if interested and we can discuss more there.

submitted by /u/Gio3211
[comments]