Sentences with phrase «of life insurance applicants»

About 20 % of life insurance applicants get a modified offer during the process — something that's different than they were expecting — so it's not an uncommon occurrence.

According to Swiss Re, one of the world's largest reinsurance companies, more than 85 percent of life insurance applicants are accepted at standard premium pricing and only 1 - 2 percent of applicants are ever refused coverage.

About 10 % of life insurance applicants will qualify for these Super Preferred rates.

There are a lot of life insurance applicants that prefer the idea of being able to keep one policy for the rest of their lives, instead of having to reapply in the future.

Not exact matches

Applicants over the age of 65 could also expect a much lower loan - to - value percentage and if life insurance is compulsory, it could become expensive.

Once we have accepted a surrogate applicant into our program, our matching and legal teams determine possible matching options based on a variety of factors, including: the state she lives in, whether she has insurance, and the matching preferences from both intended parents and surrogates.

Some life insurance carriers will give you a Preferred Plus rating even if one of your parents had a serious medical condition but did not die from it before the age of 60, while another carrier may tell that same applicant that they only qualify for Standard.

To buy certain types of life insurance policies, applicants must take a medical exam that includes:

One of the biggest factors that applicants look at when shopping for life insurance is how much the monthly premiums are going to cost.

Back in the day, any form of flying was considered extremely hazardous and most life insurance companies would either force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the policy, in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.

Preferred Rating Class: One of the best premium rate classes available on life insurance policies for applicants that are determined by underwriting to be in better than average health.

Rebating: The act of giving something of value to an applicant by the agent / broker in return for purchasing a life insurance policy (e.g. sharing commissions).

Keep scrolling for an in depth understanding of how life insurance works for applicants over 60 years old.

Those applicants that are turned down for traditional term life insurance can still get coverage in a majority of cases with a guaranteed death benefit policy.

The process of determining whether a life insurance company will insure an applicant and at what rate class.

Life insurance rates are based on different underwriting factors, and there are two that affect the policy rates the most: age and health of the applicant when the policy is purchased.

Mutual of Omaha is one of the most recognizable life insurance companies on this list, but most applicants don't realize that they also have great no medical exam policies as well.

In fact, there are a lot of senior applicants who can get cheap life insurance.

When purchasing a final expense life insurance policy, it is important for an applicant to determine the type of coverage that they need — term versus permanent — as well as the amount of coverage that will be appropriate for their specific needs.

Most life insurance policies do require the applicant to undergo a physical exam, to determine how much of risk they may be to the insurance company, though there is the option of looking into a no medical exam life insurance policy, at a high premium rate.

In addition, people up to age 95 can apply for a Banner Life term policy, which is nearly unheard of in the insurance industry (most other insurers cap applicants at age 65 or 75).

While you may not like the idea of only have life insurance for a certain length of time, these plans are a great option for the majority of applicants.

Applicants can now access a wide variety of policy options to meet their personal needs, including products such as mortgage life insurance, decreasing term life insurance, key person insurance, credit life insurance, and many others.

Our agents have years of experience working through the life insurance process with thousands of applicants.

If you're like 95 % of our applicants, yes, you'll qualify for term life insurance.

Just because a life insurance carrier covers a type of visa doesn't mean that they can cover every applicant with that visa.

If a Medicaid applicant has term life insurance, it doesn't count as an asset and won't affect Medicaid eligibility because this form of life insurance does not have an accumulated cash value.

The company said applicants who have tested HIV - positive, are between the ages of 30 and 65, and meet certain criteria, can apply for individual life insurance for up to $ 2 million.

A type of life insurance that only requires the applicant to answer medical questions.

At least one insurance company (Midland Life Insurance Company) even asks elderly applicants if they have a pet as part of their sinsurance company (Midland Life Insurance Company) even asks elderly applicants if they have a pet as part of their sInsurance Company) even asks elderly applicants if they have a pet as part of their screening.

Most insurers can offer discounted life insurance rates to applicants with a combination of much better than average medical test results, no family history of serious diseases, and healthy lifestyle choices.

Even for applicants over the age of 50, it is possible to qualify for high - quality life insurance policies at affordable rates.

As part of this screening process, basic types of life insurance policies will require applicants to complete a health questionnaire and to undergo a physical medical examination.

If you have any questions about getting life insurance as an applicant with an irregular heartbeat, please contact one of our agents today.

One of the best ways to determine if a life insurance company is right for you is to look at how their underwriters view applicants.

This is one of the reasons we are successful in finding our applicants the best life insurance plan design.

With the best life insurance companies we work with, we have an advantage of choosing the most applicable carrier that will offer our applicant the lowest rates.

The type and the amount of life insurance that is available to an applicant who is over the age of 50 may also depend in large part on the insurance company that you are purchasing the coverage through.

This is because the applicants for no exam life insurance are usually in poorer health — meaning that the life insurance company is taking on more of a risk with these particular insureds.

The premium that is charged is based on the applicant's age and gender when the coverage takes effect, as well as the amount of life insurance coverage that they are applying for.

In order to proceed with the no medical exam life insurance application, an applicant must be between the age of 18 and 65, and they must be applying for a coverage amount of between $ 50,000 and $ 500,000 in benefit.

Underwriter: The individual or team within a life insurance company who is trained to evaluate the insurability and determine the classification of applicants for insurance protection.

Did you know only about 15 % of applicants ever get the top tier rates for life insurance?

6) At this time, a guaranteed issue life insurance applicant must be between the ages of 40 — 80 in order to be eligible for a policy.

It is important to note that because the applicants for guaranteed issue life insurance are typically those who have health issues, the premiums for these policies are much higher than those of traditional life insurance plans.

Regardless of whether a life insurance policy for an applicant age 70 or over is term or permanent, the premium cost of the coverage will depend upon a wide variety of factors.

The two year contestability period is one of the scariest aspects that applicants run into when they are applying for life insurance.

The process of determining whether a life insurance company will insure an applicant.

(To be qualified for Sagicor's Accelewriting process, an applicant for life insurance coverage must be between the ages of 18 and 65 years old, and applying for coverage amounts of between $ 50,000 and $ 500,000.

Simply put, no exam (no physical) life insurance is life insurance issued without the physical examination of the applicant.