Sentences with phrase «simplified issue policies like»

Simplified issue policies like Globe's generally cost healthy people more than standard life insurance policies, which often require medical exams and charge rates that factor in health status.

Not exact matches

So, in cases like these, a life insurance applicant thought they would save some money on their insurance by going with a fully underwritten life insurance policy, only to find out that getting life insurance is much more expensive than if they had gone with the simplified issue life insurance.

While skipping the usual medical exam might seem like you're merely avoiding a time - consuming hassle, simplified issue and guaranteed issue policies often end up costing more in premiums and provide less in coverage.

Like all life insurance policies, simplified issue life insurance can be customized to meet a policyholder's needs with add - on features called riders.

Besides accelerated underwriting term life policies, you can also look at permanent policies like simplified issue life insurance, guaranteed issue life insurance, and, for older applicants, final expense life insurance.

These new policies go by a variety of names like no - medical exam life insurance, simplified issue life insurance, accelerated underwriting life insurance, and others.

We usually like to steer people away from simplified issue life insurance or other policy types where you don't need an exam to get covered, because you're paying for that convenience — literally — in the form of much higher monthly premiums.

Occasionally a professional association (like a bar association or union plan) will offer guaranteed issue or simplified issue policies to their members.

*** Like a simplified issue policy, there's no medical exam.

Help you understand the process of what it's going to be like to qualify for a traditional term or whole life insurance policy or perhaps even a simplified issue life insurance policy, we're first going to want to understand what it means to «have» mononucleosis.

In cases like these, individuals may wish to pursue an «alternative» life insurance policy such as a guaranteed issue or simplified issue life insurance policy

We are here for you if you would like to discuss all your options and see if a simplified issue, no medical exam policy is the right fit for you.