Life insurance conversion require no evidence of insurability and is guaranteed regardless or past or present health.
Not exact matches
Our term policies are convertible to one of our permanent
life insurance products at the time of
conversion with no medical examination or blood tests
required.
This
requires a whole article to explain, but lets just say that we believe Banner
Life Insurance's
conversion options are very fair.
The advantage of
conversion term
life insurance is you can get insured at a relatively low cost depending on your age and health that can be converted to a superior whole
life or universal
life policy at a later time, with no evidence of insurability
required, i.e. no health questions or medical exam.
Our term policies are convertible to one of our permanent
life insurance products at the time of
conversion with no medical examination or blood tests
required.
I expressed how that seemed at best shady and that it didn't seem a stretch to call it unethical since the
conversion language in their term
insurance policies says «We will make a permanent individual
life policy available for exchange... We will not
require the insured to submit evidence of insurability».