Not exact matches
In fact, some companies are going to decline your
application for a million
dollars of
life insurance if you're a smoker.
It is important to sit down and determine how long you will have a need for a million
dollar life insurance policy before you start the quoting or
application process.
For example, if you make $ 30,000 per year, the
life insurance company is going to question your
application if you apply for a $ 10 million
dollar insurance policy.
This form of the option frequently is used with split
dollar insurance which is commonly used in key person and other business
life insurance applications.