A conditional receipt is given to an insured that submits money with
the initial application for life insurance.
Conditional Receipt A conditional receipt is given to an insured that submits money with
the initial application for life insurance.
Not exact matches
If you lie when completing your
life insurance application and your
insurance company becomes aware of this
for any reason during the
initial waiting period (typically two years), your insurer has the right to void your policy.
With term
life insurance, insureds can essentially obtain the most amount of coverage
for the lowest
initial premium price (with all other factors being equal)-- particularly those who are young and in good health at the time of policy
application.
If you lie when completing your
life insurance application and your
insurance company becomes aware of this
for any reason during the
initial waiting period (typically two years), your insurer has the right to void your policy.
Once we've completed your
initial life insurance application, not only will we have a pretty good idea what «type» of
life insurance policy you'll be eligible
for and what «rate class» you should qualify
for, we'll also have a pretty good idea «which»
life insurance company is going to be the best fit
for you!
To help improve your odds
for success, is prior to actually submitting your
life insurance application to any one
insurance carrier, we like to take your responses to the
initial life insurance application questions and «run» them by the internal underwriting guidelines of several different
life insurance companies.