Sentences with phrase «during the life insurance»

Your insurance policy premiums are determined during the life insurance company's underwriting process.

During the life insurance medical exam, the nurse will take a vile of blood.

In addition to having to find the right life insurance company that will account for your acromegaly, we also want to find the right life insurance company that will account for any number of other factors that could come into play during your life insurance application.

If you smoke but took out your policy as a non-smoker, or if you have a serious or terminal illness and failed to disclose that when you applied for coverage, your beneficiaries may be left without coverage if either of those things kills you during the life insurance waiting period.

Nicotine will show up during your life insurance medical exam, and the levels are very important to an underwriter.

First of all, if a person contracts a terminal illness during their life insurance term, but does not die before their life insurance term expires, they will be left with a terminal illness and no insurance.

His blood pressure during his life insurance medical exam was 154/94.

A few of the factors you can expect your insurance agent to ask you about during the life insurance application process include:

Typically when you apply for life insurance, you go through the full underwriting process, where you'll be classified based on how risky you are to insure (that is, how likely you are to die during the life insurance policy's term).

First, you shouldn't lie during your life insurance application process.

During the life insurance underwriting process, insurers check your current health and health history for these issues.

There are usually seven steps you need to take during the life insurance buying process, and at this point, you should already be at step three.

During the life insurance medical exam, there is typically a drug test.

During your life insurance medical exam, a medical technician will verify your medical history, height, weight, blood pressure, pulse, and collect urine and run a life insurance blood test.

This is because, if it is discovered, after the fact, that you «materially» misrepresented yourself during the life insurance application process, the insurance company may have a legitimate «cause» for denying your life insurance policy claim after your death (meaning, that you beneficiaries would not be paid a death benefit)!

If you are not under the regular care of a doctor, it could work against you during the life insurance application process.

The medical examination that takes place during a life insurance application determines quite a bit about the final price of a policy, since it provides concrete details on your health status.

Your insurance policy premiums are determined during the life insurance company's underwriting process.

A local news station has published a short article discussing how applicants should conduct themselves both before and during a life insurance medical examination.

Typical asthma medications that will pop up on a prescription database check during life insurance underwriting include: Advair Diskus, Asmanex, Combivent, Flovent HFA, ProAir HFA, Proventil HFA, Pulmicort Respules, Singular, Xopenex, Xopenex HFA

Although you might think you'd be able to write down an inaccurate height and weight on your application for life insurance and get by with lower rates, your numbers will be verified during your life insurance medical exam anyway.

To tell the truth During the life insurance application and underwriting process, you may be required to get a medical examination to verify your health.

Besides choosing your policy type and naming your beneficiary, setting your coverage and premium amounts will be the most important decision you'll make during the life insurance buying process.

Lying about anything during your life insurance application, including whether or not you smoke, is insurance fraud.

If a carrier finds that there was misrepresentation during the life insurance underwriting process (usually application or paramed exam) within the first two years of the policy, the carrier can contest the insurance contract and potentially not pay the death benefits.

Our advise it always to be as honest as possible during a life insurance application, because its good advice and because there is a «contestability clause» to most if not all life insurance policies that states that if you intentionally misrepresent yourself or your health on a life insurance application, the insurance company can decide later on not to «honor» the actual policy.

While immunization records are typically not asked about during a life insurance application process, if an applicant has recently contracted one of these infections, it will certainly play a role in the outcome of their life insurance application.

This is why it's so important early on during the life insurance application process that we're able to determine what the «root» cause is for why you have needed to receive a pacemaker, and what your current health is like today.

It's the chance of you passing dying during your life insurance term.

In fact, a consumer study conducted by the Life Insurance and Market Research Association (LIMRA) during Life Insurance Awareness Month 2015, found that half of U.S. workers have additional or supplemental life insurance benefits available to them through their employer, yet only about 50 percent choose to participate.

You will not be tested specifically for herpes during your life insurance medical exam, but the blood samples are tested for many things, and it is possible that STD's could be one of the tests performed.

Not exact matches

Along with expected benefits like health and life insurance, employees enjoy three free meals every day during their shift and no - interest student loans for employees, their spouses and children — which the company forgives if the student does well in school.

During the 1930s, insurance companies sold life insurance policies and worked with businesses to provide employee pensions.

While it's always recommended that families meet with a financial advisor to decide what level of life insurance protection would benefit them the most, a supplemental policy could act as a financial safety net, providing much needed normalcy during a very difficult time.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

No medical exam life insurance policies usually have no waiting period, but the company will investigate the circumstances of your death if it occurs during the first two years of coverage.

If you die during the grace period, your beneficiary will receive the full value of the death proceeds of your life insurance policy minus any premium that is owed to your life insurance company.

During the process of obtaining a mortgage, you will likely be offered mortgage life insurance, either by your lender or affiliated companies.

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

Poolman has also held many leadership posts with the National Association of Insurance Commissioners (NAIC) during his tenure, serving as Chairman of the Life Insurance and Annuities Committee for two years and Vice President of the organization in 2004.

A life insurance broker — like Quotacy — offers you competitive pricing and policy options from multiple life insurance companies during the quoting stage.

However, during this time frame, your premiums will be assessed each year and will increase as you get older, unlike level term life insurance.

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.

He is referring to an important component of some, but not all, term life insurance policies — the ability to convert all or part of the term policy, during the conversion period, into permanent life insurance, irrespective of the policyowner's health or proof of insurability.

Traditional term life insurance is structured to provide affordable financial protection during your loved ones» most vulnerable years.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

For seniors, the cash value of whole life insurance is less valuable because you have fewer years during which it will grow with interest.

Online Activity in the Life Insurance Purchasing Process Beyond leveraging social media, 87 percent of consumers indicate that during the purchase process they would use the internet to research life insurance, regardless of how they purchase their polLife Insurance Purchasing Process Beyond leveraging social media, 87 percent of consumers indicate that during the purchase process they would use the internet to research life insurance, regardless of how they purchase theiInsurance Purchasing Process Beyond leveraging social media, 87 percent of consumers indicate that during the purchase process they would use the internet to research life insurance, regardless of how they purchase their pollife insurance, regardless of how they purchase theiinsurance, regardless of how they purchase their policy.

Cash value life insurance is more expensive than term insurance during your younger years.