Sentences with phrase «many life insurance underwriters»

Life insurance underwriters determine whether or not you will be approved for life insurance and which risk class you belong in.

Life insurance underwriters evaluate applications and determine coverage amounts and premiums based upon their company's specific underwriting guidelines.

If everything appears in order, the company's life insurance underwriter will approve your coverage.

Below is a list of the common medications for COPD that life insurance underwriters will need to know about prior to reviewing a life insurance application.

High blood pressure, otherwise known as hypertension, is one of the most powerful predictors of mortality, which is why life insurance underwriters will always take a hard look at this diagnosis.

Life insurance underwriters use algorithms to determine how much your premium will cost, and these are based on a wide range of factors, including:

Once the life insurance underwriter reviews the results of the medical exam, you will receive your policy contract and premium rates.

This exam helps the life insurance underwriters determine your mortality risk.

The following is a quick overview of general health issues that term life insurance underwriters look at in determining how much you will pay for your coverage.

The following rates represent the a sample of premiums paid by a 30 - year - old male who earned a Preferred nonsmoker classification from the life insurance underwriter, indicating that he's healthy and presents little risk of dying.

This makes them highly unfriendly to people who can not take an exam or know they will be classified as a high risk by the life insurance underwriters.

Wendy joined PWL in 2017 after a 12 year career as a life insurance underwriter.

Life insurance underwriters know that heavy alcohol consumption may lead to health problems down the road.

Affordable life insurance rates are simple to secure for a school teacher or office administrator, because those aren't risky to life insurance underwriters.

This is the most important factor a life insurance underwriter uses to determine you rates and premiums.

The life insurance underwriters pay close attention to alcohol consumption and abuse.

Because there is no medical exam to contend with, someone whose health is not ideal will not need to worry about the life insurance underwriters closely examining their health and then denying them for coverage.

While auto insurers look at your driving record, life insurance underwriters look for factors that suggest a potential policyholder has a high mortality risk.

Life insurance underwriters will be looking at these closely.

This is because, in the eyes of the life insurance underwriters, someone who is working to manage their good health is viewed much more positively than someone who lives a more sedentary lifestyle.

There is a group of dangerous occupations that life insurance underwriters see as very risky.

Equally important to a life insurance underwriter is how well controlled your diabetes is.

These samples will be reviewed by the life insurance underwriters in order to determine whether your health may pose an additional risk to the life insurance company.

Life insurance underwriters want to see proactive care of your health.

The lab processing company will then submit the findings to the life insurance underwriter.

Life insurance underwriters will assign you to a risk category which determines the cost of your premiums.

People with multiple driving violation will be seen as a high risk to the life insurance underwriters.

The life insurance underwriter can order attending physician statements (APS) and medical records in order to determine if your past health is a risk.

Inconsistent answers raise red flags with the life insurance underwriter who may request additional information such as physician statements.

Again, life insurance underwriters will factor this into their rates.

They associate too much speeding with someone who enjoys living life a little on the wild / careless side and because speeding can cause accidents which can cause death, life insurance underwriters are going to penalize you by means of higher premiums if your driving record is mediocre at best.

Your answers to all of these questions along with your medical exam are what the life insurance underwriter will use to assess your risk.

Your doctor, your family and your friendly life insurance underwriter all want the same thing: They want you to live a long, long, long time.

Life insurance underwriters know the research and so should you.

When life insurance underwriters are evaluating the application of an individual with lupus, they take the following into consideration:

When assessing an applicant with high blood pressure, life insurance underwriters will also take note of the following key factors:

Each of the above side effects or situations increases the likelihood of mortality, which is the exact opposite of what a life insurance underwriter wants to see when he or she reviews your application.

To life insurance underwriters, indicators of any of these show an increased mortality risk.

Now, life insurance underwriters are not in the business to deny applicants.

Life insurance underwriters would compare this «hobby» to rock climbing.

Life insurance underwriters would compare Batman's flying gadgets to hang gliding.

When an applicant that applies for life insurance is a moderate to heavy drinker or has a history of alcohol abuse, life insurance underwriters will typically request the following pieces of information:

This doesn't mean a life insurance underwriter will look more favorably on a woman with a history of alcoholism, though.

Life insurance underwriters would compare this to the risk that members of the SWAT team or bomb squad go through.

The life insurance underwriter may want to speak to your doctor to find out:

Not all life insurance underwriters assess risk the same way.

When a life insurance underwriter looks at certain risk factors, having Type 2 diabetes could potentially signal to the insurer you pose a higher risk of claim.

With that said, life insurance underwriters see a lot of people applying for life insurance with Crohn's, but it's a very tricky risk to underwrite and requires more work for a life insurance agent to make sure they gather all the information available and paint your risk in the most favorable light possible.

In addition to the basic information, if you have been diagnosed with lung cancer, the life insurance underwriters will want to know as much as possible about your condition, as well as any treatment you've received, so they can make the most informed decision possible regarding your insurance coverage.

If you put yourself in harm's way on a daily basis for work, the life insurance underwriters are going to be a little hesitant about approving you for a standard policy.