Sentences with phrase «additional underwriting»

Term insurance is said to be convertible if it can be converted into whole life insurance without additional underwriting.

This latest round of changes is in line with additional underwriting restrictions implemented last summer.

Additional underwriting requirements apply for 4 years after a 3 year waiting period.

If more information is required, there are additional underwriting steps that can be taken to ensure your eligibility.

But, an increase in the death benefit could result in additional underwriting and / or a new medical exam, depending on you policy's language.

This means the company is unable to perform additional underwriting on you at the time that you buy your policy.

Some customers may require additional underwriting such as a life insurance medical examination if they have a significant amount of health issues.

Home insurance policies can be strengthened by adding additional underwriting for flooding, earthquake and other types of water damage usually for additional costs.

If you renew your level term policy under this scenario, you must fill out another application and undergo additional underwriting (health exams).

Usually, this can be done without additional underwriting, including a medical exam.

Just keep in mind that increasing the death benefit usually requires additional underwriting and decreasing it may cause you to incur fees.

Additional underwriting requirements apply for 4 years after a 3 year waiting period.

In addition, mortgage companies employ additional underwriting criteria — which can protect subprime borrowers from gambling away their primary residence.

Simplified Issue Term is what is known as «term to 90» insurance: it automatically renews each year, up to age 90, and it renews without additional underwriting as long as premiums are paid.

Additional underwriting by Pace Gallery, Suzanne Deal Booth and David G. Booth, Robert Tuttle and Maria Hummer - Tuttle, Gagosian Gallery, and Violet Spitzer - Lucas and the Spitzer Family Foundation, along with Mark and Lauren Booth, James Corcoran and Tracy Lew, the Charles W. Engelhard Foundation, and Pierre LaGrange and Roubi L'Roubi, and Isabel and Agustín Coppel.

Most lenders have adopted the rule as outlined in the mortgagee letter without additional underwriting guideline overlays.

A significant payment increase triggers additional underwriting.

Fannie Mae agrees to Obama's request for no caps on loan to value ratios on the new HARP loans and additional underwriting flexibilities of > 105.01 % are limited to fully amortized home loans with fixed interest rates with a maximum amortization of 30 - years or 360 months.

Additional underwriting support has been provided by Fenner Milton and proceeds from the 2014 Biennial Art Auction.

SBLI does reserve the right to request additional underwriting information if they don't feel they have adequate data to make an offer of insurance.

First, if you already have a term life insurance policy and you're looking to buy more protection, check whether the current policy has a conversion rider, which will let you convert it into a permanent policy without going through additional underwriting.

With a few additional underwriting questions, Simplified Issue Life Insurance applications may ask about cancer, heart disease, stroke, cognitive impairments or kidney disease, digging into any medical conditions early on.

Earned additional underwriting / risk - analyst authority and served as a peer underwriter when a Senior Underwriter was unavailable.

Some policies do not require additional underwriting or charge for the rider until a claim is made.

Additional underwriting by the City of Los Angeles, Department of Cultural Affairs; the Pasadena Art Alliance; Heidi and Erik Murkoff; Andrew Nikou; Ruth and Jake Bloom; and Julie and Barry Smooke.

However, since consumer reports do not include income, lenders use your debt - to - income ratio as an additional underwriting metric.

FHA's new discounted prices will allow many borrowers to refinance into a lower cost FHA - insured mortgage without requiring additional underwriting.

There's no additional underwriting and your new premiums would only be determined based upon your age and the type of coverage.

Just keep in mind that increasing the death benefit usually requires additional underwriting and decreasing it may cause you to incur fees.

Face Amount increases may require additional underwriting and Face Amount decreases may be subject to surrender charges.

Special use properties may require additional underwriting.

They usually have a higher interest rate and some additional underwriting requirements.

No additional underwriting.

The extra money is simply added to your loan amount without additional underwriting.

You want to consolidate debt - Similar to taking cash out, if you want to pay off your high - interest - rate credit card debt with your low - interest - rate mortgage, you'll only be able to do that through a normal refinance, because an appraisal and additional underwriting is required to get a loan for a larger amount than you currently owe on the home.

Easily convert you Pacific PRIME Term policy to a cash value life insurance policy during the conversion window with no additional underwriting needed.

This type of coverage also comes with the option to purchase a Convertible Disability Waiver of Premium, which carries over to a whole life policy — without additional underwriting — if the GUL term coverage is converted.

Pacific Life does not put much effort in trying to be a leader in term coverage, and they do make the push to permanent, allowing you to convert this term policy to a universal without any additional underwriting (though your costs will rise, per thousand).

Additional underwriting is required if the application does not qualify for a 10 - minute approval decision.

Be sure to ask about any additional underwriting processes that you may need to go through (such as a medical exam), and what the next steps are towards getting a policy in place.

Flexible options regarding the amount and timing of premium payments, as well as the amount of coverage (increases subject to additional underwriting).

* Coverage increases may require additional underwriting and decreases can be subject to minimums and charges after the third policy year.

The flexibility to adjust your death benefit as needed (increases subject to additional underwriting).

Increases your monthly benefit for the first four to five years you own the policy, with no additional underwriting, to cover normal pay increases without any underwriting needed to justify the increase.

This conversion option is available without the insured having to provide evidence of insurability or any additional underwriting procedures.