Not exact matches
We can not provide life insurance quotes or
coverage for temporary residents, including anyone with a work permit or visa, permanent residents without their green card, or
applicants who have not yet
received their green card.
One of the most frequent comments that we
receive is from older
applicants that think they won't be able to afford the life insurance
coverage that they need.
Healthy, qualified
applicants (based on the information provided in your life insurance application) can be insured immediately with no medical exam while other
applicants can
receive immediate
coverage pending a medical exam.
Each company is different, and all of them have various rating systems for
applicants, which means that you could
receive drastically different quotes for the same
coverage.
Younger life insurance
applicants also
receive lower premiums and often get better deals on
coverage.
A. Of the hundreds of thousands of Grow - Up ® Plan applications that Gerber Life
receives each year, currently less than 2 % 1 of
applicants are denied
coverage for medical reasons.
With this in mind, it is possible that if an
applicant for
coverage presents too high of a risk to the insurer, based on the medical knowledge available, he or she may be denied or postponed
coverage,
receive less
coverage or may have to pay a higher premium rate for his or her
coverage.
During this evaluation, the underwriter will decide how much
coverage the
applicant should
receive, as well as how much premium the insured should pay for the particular amount of
coverage.
The
coverage that HIV - positive
applicants receive also usually involves high premiums and a modest death benefit.
A nominee is a person who is eligible to
receive the
coverage amount from insurance policy in the event of death of the
applicant.