Sentences with phrase «initial application for life insurance»

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.
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