Your life insurance coverage is in force when we receive your application and payment in our office. If you arrange for temporary insurance when you submit your application, you will be covered when we receive your application and payment in our office (check the details of your temporary coverage, as … Continue reading When does my coverage begins?
If it has been a year or longer since you quit smoking, some companies will give you Standard Non-Tobacco rates. If it has been 2 or 3 years, a few companies will give you Preferred Non-Tobacco rates.
If you do travel frequently, the underwriter will want to know details of your travels, including countries visited, frequency and reason for visits (business or travel). If you travel to countries that are on the U.S. State Department’s list of countries to avoid, you might not qualify for life insurance. … Continue reading Will frequent international travel affect my application?
All of the insurance companies we work with require applicants to be U.S. residents (U.S. citizens or those that have permanent visas (green cards). U.S. residents who have temporary work visas can get coverage in some cases.
We recommend that you reveal all information that’s materiel to the insurance application. When in doubt, it’s best to over-reveal than under-reveal. The insurance company has the right to contest a claim in the first two years of the policy if they suspect a precipitating cause of a death was … Continue reading What if I fail to disclose information to the underwriters?
Your doctor is looking at your overall health and morbidity and working with you to improve conditions and maintain a healthy life and lifestyle. The underwriter is looking not only at mortality but is also governed by the policies of the insurance company. It is the underwriter’s job to determine … Continue reading My doctor said there isn’t a problem – why does the underwriter?
Yes, all insurance companies allow change of beneficiary with a simple form. Your beneficiary must have an insurable interest, so make sure your new beneficiary fits that description.
Social security numbers are used for the purpose of identification whether in obtaining your medical information and records, or paying out benefits to your beneficiaries. If the application asks for a social security number, it must be provided.
Financial information is required on every application to determine if the amount of insurance is appropriate to your income. The information is kept private and used only for the purpose of underwriting your application only.