Sentences with phrase «actually issuing an insurance policy»

That makes the process of actually issuing an insurance policy much more straightforward.

Not exact matches

Saving age is commonly used to make the insurance age of the insured at policy issue lower than it actually is in an effort to receive a lower premium.

A quote should not be construed as a commitment from the insurance company to actually issue that policy or any other policy to You.

Backdating is commonly used to make the insurance age of the insured at policy issue lower than it actually is in an effort to receive a lower premium.

Prior to actually purchasing your guaranteed issue life insurance policy, we'll be glad to show you where «within» the policy that this is clearly stated.

Although the government actually provides the coverage, Doug Mayer Insurance Agency issues the policy and, in the event of flood damage to your insured property, would also service your claim.

Now we're not saying that what you pay month to month is going to be super expensive, but when you compare what you need to pay vs the amount of coverage that you actually receive, guaranteed issue life insurance products will generally be more expensive than other life insurance policies which require you to «medically» qualify.

The annuity in which a policy holder pays a premium to the annuity providing insurance company that issues a contract promising to pay interest or gains made on the deposit while deferring the income and the taxes until you actually withdraw the money or begin receiving an income.

But companies that issue life insurance actually do monitor a prospective policy holder's driving record because their history of driving, including accidents, DUI convictions and moving violations, can directly affect an individual's life expectancy and their risk of dying, all factors which influence the rate that an insurance company charges for a life insurance plan.

There are no specific policies offered by insurance companies for non-residents, but a few insurers have actually restructured their processes of issuing insurance policies to NRIs.

Guaranteed issue life insurance policies have hefty premiums, are usually only issued for short periods of time, and there are circumstances where, because of the expense, they may actually wind up costing you more than your beneficiaries receive upon payout.

Luckily, fistula - in - ano isn't really a life threatening issue, so most people who have or have had fistula - in - ano will not only get a life insurance policy underwritten, they can actually get it at the best rate.

Now we're not going to say that guaranteed issue life insurance policies are extremely expensive, however, when you compare how much you need to pay vs how much life insurance coverage you actually receive, what you'll find is that compared to traditional life insurance policies, guaranteed issue life insurance policies are going to be pretty expensive.

If you are thinking about purchasing a guaranteed issue life insurance policy, in addition to other things including price, you should definitely compare the different «graded death benefit» clauses that are out there so that you're fully aware of what you're actually purchasing.

These clauses will basically state that an insured must «NOT DIE» from any «natural» or «illness based» causes of death for a minimum of 2 - 3 years (depending on the policy you choose to purchase), before your guaranteed issue life insurance policy will actually begin to cover an insured for natural causes of death.

Now this does not mean that your guaranteed issue life insurance policy will cost a fortune, it just means that you will need to pay more for the amount of coverage you actually receive than someone who can qualify for other types of life insurance policies would have to pay.