Sentences with phrase «standard issue life insurance»

Standard issue life insurance policy applications will cover these questions when the carrier's medical underwriting process begins, typically after your application is submitted.

Standard issue life insurance policy usually contains an underwriting process that takes 4 to 8 weeks.

Not exact matches

Both simplified issue and guaranteed issue life insurance types of coverage are more expensive than going through the standard underwriting process, which includes a medical exam, with guaranteed issue typically being more expensive than simplified issue since no health questions are required.

Even if you have any complicated health issues, several options are open to you e.g. you can get a life insurance policy without medical exam (low coverage and higher costs) or decide to go with rated standard term life insurance which comes with a bit higher price tag.

Rates are shown for Simplified Issue Whole Life Insurance by CMFG Life and reflect standard rates.

If the standard carriers will not offer a level plan, the other option is to go with a guaranteed issue life insurance plan.

Standard life insurance rates can be expected here, but we've seen PREFERRED rates for very mild cases with no other underlying health issues.

6) Guaranteed Issue or «GI» policies — A policy for people with serious health issues who would not be eligible for any other standard life insurance policies.

Medical Issues: Many seniors over the age of 85 have some medical issues such as type 2 diabetes, heart disease and other serious ailments that would make standard medical examination life insurance either unaffordable or unobtaiIssues: Many seniors over the age of 85 have some medical issues such as type 2 diabetes, heart disease and other serious ailments that would make standard medical examination life insurance either unaffordable or unobtaiissues such as type 2 diabetes, heart disease and other serious ailments that would make standard medical examination life insurance either unaffordable or unobtainable.

Despite the advantages of a no medical exam life insurance policy, some reasons would make the standard term life insurance policy more ideal, even if they are only issued after a medical examination or test.

Simplified issue is the standard type of no exam life insurance, these policies don't require a medical exam, but do require a medical questionnaire.

For instance someone may have a serious medical condition and not qualify for any standard form of life insurance so they need to get guaranteed issue life insurance.

Perhaps one of the key indicators of the innovation standards of Americo is its product line of simplified issue term life insurance.

Term life insurance for a 50 year old male «Standard» health class (controlled health issues), monthly rates:

Table ratings for life insurance coverage are an extra charge that is added on top of the standard life insurance rates used to quote applicants who have health issues.

Term life insurance for a 50 year old female «Standard» health class (controlled health issues), monthly rates:

If you suffer from only minor health related problem these may not directly affect your life insurance coverage and you may just pay a normal standard rate, but obviously if you suffer from more high risk health issues, these will ultimately reflect in the amount of premiums you have to pay in the form of a life insurance table rating.

If there are not major medical issues, you'll likely receive a quote as «standard» (most disability companies don't have preferred and other classes like life insurance does).

Life insurance table ratings are an additional charge on top of standard rates used for those with health issues.

Voya is well known for issuing life insurance rates in a preferred rate class where some of the other would be placing you in a standard rate class which would result in higher premiums.

Alternatively, if your current health, occupation, or any other factors prevent you from qualifying for a standard life insurance policy, a guaranteed issue accidental death benefit policy can offer some protection over having no insurance at all.

However, the real advantage of having simplified issue life insurance is for those who may have minor health issues or are advancing in years and believe that this form of life insurance will be easier to obtain than the standard issue.

Most people qualify for standard life insurance rates, but some with serious health issues may only qualify for the worst, substandard rates, or be denied altogether.

Which means that while you probably won't be able to qualify for a Standard or better life insurance rate, at least now you'll have a pretty good chance at getting approved for a traditional term or whole life insurance policy and won't have to settle on purchasing a guaranteed issue life insurance policy if that isn't the right policy for you!

This can be very advantageous for those who have developed health issues and who might otherwise be declined for a standard life insurance policy.

They offer both standard life insurance and simplified issue plans as well as retirement products.

Graded Benefit Plans — Otherwise known as «Guaranteed Issue Life Insurance», this is when there is no health section to your application at all either because you want to avoid it or even if the questions can not be answered to a satisfactory standard.

Perhaps one of several key indicators for the innovation standards of Americo is its manufacturer product line of simplified issue term life insurance.

You can do that by using our simplified issue life insurance quoter, just be sure to use preferred and standard health ratings when running quotes.

Issued by: American National Life Insurance Company, Garden State Life Insurance Company and Standard Life and Accident Insurance Company

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.

If your application is declined, your independent agent will typically offer a «guaranteed issue» policy which, although more expensive than standard life insurance, is certainly better than having no life insurance at all.

Although most prostate cancer patients believe they are unacceptable for standard life insurance rates, many have found that because of new treatments that have shown considerable success, life insurance underwriters are somewhat more liberal and are issuing policies with a standard rating.

Applicants between the ages of 18 — 65 can qualify for Fidelity's Rapid Decision life insurance — fairly standard issue ages for no exam life insurance.

Generally the minimum age is 50 to qualify for «guaranteed issue» or «guaranteed approval» life insurance, the type needed when disabled and unable to pass standard life insurance medical questions.

Guaranteed issue life insurance is always more expensive than getting the same coverage amount through standard or simplified policy, and it is important to note that guaranteed issue life insurance has a 2 - year waiting period.

Last week, HDFC had agreed to sell its equity shares for 17.95 crore of HDFC Standard Life Insurance Company (HDFC Life), constituting 9 % of the issued and paid - up share capital of HDFC Life, to Standard Life (Mauritius Holdings) 2006 at Rs 95 per share.

No Medical, Simplified Issue Life Insurance: This product comes without a medical exam but you are still required to complete a medical questionnaire (though typically shorter than the one for standard life insuranLife Insurance: This product comes without a medical exam but you are still required to complete a medical questionnaire (though typically shorter than the one for standard life inInsurance: This product comes without a medical exam but you are still required to complete a medical questionnaire (though typically shorter than the one for standard life insuranlife insuranceinsurance).

If you have current medical conditions that might otherwise make it difficult to obtain standard coverage, then Guaranteed Issue Life Insurance Companies offer policies that address this iIssue Life Insurance Companies offer policies that address this issueissue.

Whether or not you know this, It's important to understand that when you apply for life insurance you'll most likely need to allow your insurance company access to your prescription medication records (standard practice with most if not all fully underwritten and simplified issue life insurance policies).

Term Insurance comes in a couple of flavors, you have standard term life insurance where you go through a full underwriting process and you have simplified issue or No Medical Exam Term Life IInsurance comes in a couple of flavors, you have standard term life insurance where you go through a full underwriting process and you have simplified issue or No Medical Exam Term Life Insuralife insurance where you go through a full underwriting process and you have simplified issue or No Medical Exam Term Life Iinsurance where you go through a full underwriting process and you have simplified issue or No Medical Exam Term Life InsuraLife InsuranceInsurance.

I went to war with the life insurance industry several years ago over the issue of children with impairments not having access to coverage, even at a higher rate than the standard rate they offer perfectly healthy kids.

Simplified issue life insurance is generally underwritten at higher than normal standard rates, so if you're in good health you stand to leave a lot of money on the table for no truly good reason.

And the last downside to this conversion to whole life insurance with Protective is that, even with them having health issues now that they didn't have when they took out the term insurance, they can still qualify for standard with other companies for better rates and better products.

Even if you have any complicated health issues, several options are open to you e.g. you can get a life insurance policy without medical exam (low coverage and higher costs) or decide to go with rated standard term life insurance which comes with a bit higher price tag.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report geneissues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report geneIssues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation