Sentences with phrase «first life insurance application»

I have been working with a physician who has bipolar disorder and we were declined on our first life insurance application through Transamerica.

Just because your first life insurance application is declined doesn't mean your next one is going to be.

Just because your first life insurance application is declined doesn't mean your next one is going to be.

Not exact matches

If the insured dies during the «contestability» period of the contract, usually the first two years of the contract's life, payment may be delayed as the insurance company checks the application to make sure there were no inaccuracies, whether intentional or inadvertent.

Luckily, when you apply to another life insurance company, you can reuse the medical exam from your first application.

Although the procedure might seem a little burdensome, you can use the same results on other life insurance applications up to about six months later if you don't ultimately go with your first choice of carrier.

While the plaintiff in this case was ultimately successful, I have to assume that one of the first things Sun Life, and other the insurance companies, will do after reading this decision is try to ensure that any ambiguity with respect to their deadlines for applications is removed.

You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:

If you're open and honest on your life insurance application then the worst case scenario if, god forbid, something happen to you within the first two years — is it might just take a few extra weeks to receive your death benefit while they investigate the cause of death and see if you misrepresented anything.

Furthermore, we shop your unique situation first without submitting an actual life insurance application.

The application is the first step for any type of life insurance policy.

Your life insurance coverage is not in effect until your application is approved, and any outstanding policy requirements and your first premium payment have been received by us.

It isn't required, but we strongly encourage you make your first payment along with your application in order to obtain temporary life insurance coverage during the application / underwriting process.

The first thing to do when applying for life insurance is to be honest and upfront in your application.

For example, Genworth Life Insurance Company's temporary coverage begins the moment you sign the application and Temporary Insurance Application Agreement, and submit your firapplication and Temporary Insurance Application Agreement, and submit your firApplication Agreement, and submit your first premium.

On November 9, 2011, HSBC, the parent company of Household Life Insurance Company and First Central National Life Insurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective JanuarLife Insurance Company and First Central National Life Insurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective JInsurance Company and First Central National Life Insurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective JanuarLife Insurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective JInsurance Company of New York, announced their intentions to stop accepting new applications for term life insurance effective Januarlife insurance effective Jinsurance effective January 8.

Haven Life provides the first solution for buying medically underwritten term life insurance online — no paper applications, no phone calls, no more waiting several weeks for a decisLife provides the first solution for buying medically underwritten term life insurance online — no paper applications, no phone calls, no more waiting several weeks for a decislife insurance online — no paper applications, no phone calls, no more waiting several weeks for a decision.

Note: Most life insurance policies contain a «2 year contestability period» which allows the insurance company to investigate any death within the first 2 years of coverage, to ensure the insured person did not lie or misrepresent him / herself on the original application.

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

Your life insurance company reserves to the right to rescind a policy in the first two years if they believe that fraud was committed during the application process.

An independent life insurance agent, on the other hand, can use your first application to kickstart your next application.

Your application is the first step in actually getting life insurance, so it's something you — and the insurer — want to get right.

We were one of the first to develop online tools to make shopping, applying, and buying term life insurance easier, from online application forms to digital medical exams, e-policy delivery and even voice signature for some policies.

The first thing you're probably thinking is «why would anyone lie on a life insurance application?»

In 1997, they first went live onto the internet with a website, and would later be on the cutting edge of insurance technology, allowing online applications for both medicare supplements and life insurance.

At TermLife2Go we specialize in placing those hard to place high risk life insurance applications, which is why we will exhaust every available option to first secure a fully underwritten term or whole life policy first.

First, as Reuters reported, life insurance companies may start issuing applications that include questions about whether or not you engage in or intend to engage in space travel.

In the first place, as a general principle, everyone should be honest, anyway, but when it comes down to cost - benefit and the need for a secure life insurance policy, it's simply just not worth the risk to either lie or be careless in the application.

And, you are right to be concerned; some of the first questions on a life insurance application are about your height and weight.

A couple interesting items that I saw in the news: First, as Reuters reported, life insurance companies may start issuing applications that include questions about whether or not you engage in or intend to engage in space travel.

The first thing that someone who has just turned 60 needs to know about buying life insurance for seniors is that regardless of how healthy you are, insurance companies in general are now going to begin underwriting your insurance application much more carefully!

I know it isn't the first thing you may remember in a stressful time in your life, but don't forget to update your beneficiary if you no longer would want that person who was your beneficiary at the time of the application to inherit all of your life insurance proceeds now.

Now let's first examine the non-medical «life style» causes for a life insurance application postponement.

This means the life insurance company reserves the right to investigate or even deny the death benefit based on the grounds of misrepresentation on the application during the first two years of the policy being in effect.

Initial premium: In life insurance, the first mode premium, generally payable with the application or upon delivery of the policy.

This means that if the applicant gets by the first 2 policy years the life insurance company can not withdraw the policy even if you lied on the application.

Standard life insurance, including whole life and term insurance, where you provide health information and / or a medical exam («medically underwritten»), generally provide full coverage from the time an application is approved and first payment is made (coverage is «bound»).

This means if you were to lie or did answer a question truthfully on the application and you were to pass away in the first two years of the policy the life insurance company could contest it.

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.

During a typical life insurance application, insurance underwriters will first utilize two different services that will go a long way in helping them make a decision on who they do and don't want to insurance (and at what price).

Term life insurance is contestable in the first two years if you are fraudulent on the application.

For this reason, we always begin the application process by first assuming that you can qualify for life insurance.

In truth what they are saying is that if you lied on the last life insurance application and have made it to the sort of safe harbor beyond two years, and you intend to lie again when you apply for a new policy to replace it, then you might want to stick with what you have and avoid replacement because liars are at risk in the first two years.

I wrote my first United of Omaha life insurance application in 1978.

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