Sentences with phrase «underwriting class»

An Insurance underwriting class in which one will pay a lower premium due to one having a lower risk.

We'll assume he's in the second healthiest underwriting class for this exercise.

The key advantage of the conversion option is that when exercised, the new universal life policy will be issued at the same underwriting class as your existing term.

Only available for preferred, standard and standard tobacco underwriting classes.

It is highly unlikely that an insured who suffers from heart failure will qualify for the preferred underwriting class.

Don't be afraid to be assertive and get your estimated underwriting class before you apply so you can be sure that you're comparing quotes in an apples - to - apples format.

If a quoting engine doesn't place you in the correct underwriting class, your quote will not match the final offer from the life insurance company after they review your application.

If a serious change in your health should take place, you would retain your current underwriting class.

Name of the insurer: Each insurance company has a different rate table, but their quotes should be consistent across sources (assuming you're placed in the same underwriting class).

Only available for preferred, standard and standard tobacco underwriting classes.

So if a state is making certain classes of business unprofitable, stop underwriting those classes of business.

Preferred Underwriting classes available for LifeStyle Term include three nonsmoker classes and two smoker classes.

Premiums were compared between the Protective Classic Choice Term life policy and the competitors» term products for a 30 - year old male with a $ 100,000 death benefit, select preferred non-tobacco underwriting class and a 10 - year initial guaranteed premium period.

* Example assumes a 40 year old male buying a 10 year term life insurance policy, in the Preferred Plus Underwriting Class.

* Rate reflects the best underwriting class available and is subject to underwriting approval.

Prices for life insurance vary between underwriting classes.

No medical exam required; policies issued at Standard Tobacco or Substandard Nontobacco underwriting classes; qualifying applicants must be between age 18 - 50, for policy amounts between $ 25,000 - $ 300,000 (up to $ 250,000 for ages 51 - 65)

Available at underwriting classes down to a Table D.

Available at underwriting classes down to a Table D.

Preferred Plus is going to be second best health rating you can receive, and is also going to usually be the best underwriting class offered for 90 % of the insurance carriers.

In this case, policies can be converted to universal life insurance coverage — and if the policyholder opts to do this, the new universal life insurance policy will be issued at the same underwriting class as the existing term plan.

Life Insurance Class or Life Insurance Underwriting Class or Life Insurance Health Class and Life Insurance Risk Classes are all sometimes used to describe the rating system used by the life Insurance industry.

With this money, some schools have been able to pay teachers and staff, buy computers and school supplies, and underwrite class outings and enrichment activities.

There are several different underwriting classes that are used by ReliaStar.

Reliastar's underwriting classes include the following:

Similar term periods, riders and underwriting classes exist between these two policies, but Term 350 Plus also offers two preferred rate classes.

This product offers multiple underwriting classes such as Super preferred, Preferred, Standard, Substandard, Preferred tobacco, Standard tobacco, and Substandard tobacco.

Table Rated / Sub-standard — While your actual rating will be contingent upon the seriousness of your condition, in addition to the age at which you're diagnosed as well as your overall health condition, it is likely you will fall somewhere in the sub-standard table or table rated underwriting class.

After all the information has been reviewed, the underwriters will be better able to determine whether you will qualify for coverage — and if so, they could at that time determine your appropriate underwriting class and the rate for your policy.

This is known as substandard insurance, and while more expensive than higher underwriting classes, it is available to provide protection.

We've found, however, that most of these spreadsheets don't track some of the most important details, like what underwriting class they fall into (more on this later).

The life insured will be classified in one of the three underwriting classes of the Life Insured.

Premiums were compared to a Costco Member Advantage UL ® insurance policy with a $ 100,000 death benefit, standard non-tobacco underwriting class and a 5 x 15 - year level benefit period.

Preferred Plus Underwriting Class, Policy # 07007, ICC10 - 07007, issued by AGL (see chart below for detailed rate information).

* The monthly premium example is for a Protective Custom Choice Universal Life Insurance policy with a $ 100,000 death benefit for a 30 - year - old male insured, Select Preferred underwriting class, with a 10 - year guaranteed initial level benefit period.

No medical exam required; policies issued at Standard Tobacco or Substandard Nontobacco underwriting classes; qualifying applicants must be between age 18 - 50, for policy amounts between $ 25,000 - $ 300,000 (up to $ 250,000 for ages 51 - 65)

OPTerm policies can be issued in preferred plus non-tobacco, preferred non-tobacco, standard plus non-tobacco, standard non-tobacco, preferred tobacco and standard tobacco underwriting classes.

Life Insurance Class or Life Insurance Underwriting Class or Life Insurance Health Class and Life Insurance Risk Classes are all sometimes used to describe the rating system used by the life Insurance industry.

However, we explained to Mr Pate that it is rather difficult to qualify for the best rate class at any age, let alone age 66, so we quoted both the preferred plus and the preferred underwriting classes.

Premiums for life insurance vary between underwriting classes.

The new Universal Life policy will be issued at the same underwriting class as your existing term.

ANICO provides two underwriting classes for their non med life insurance products: Standard and Rated.

Now this is not meant to be an underwriting class but a basic understanding of the process and what you'll want to consider as you begin thinking about buying a new home.

WriteFit Express is only available with Advantage Elite Select Term, Secure Protector & Accumulator Whole Life, and Orion IUL, for face amounts of $ 250,000 or less and standard underwriting classes.

In this case, if there is a change in the insured's health condition, he or she would be exempt from a change in the underwriting class.

The underwriting classes consist of Select, Select Plus, and Standard.

Should a change in your health occur, you would be exempt from a change in underwriting class.

The underwriting classes are: Preferred Non Tobacco, Standard Non Tobacco and Standard Tobacco.

The underwriting class will remain the same for your existing term.