With any
type of life insurance application, medical records being requested will cause your application to be held up for much longer and can extend the normal 1 - 3 day approval out to at the least 2 weeks.
If the insurer has any questions, they may still request an attending physician statement from your doctor, but that's more of a last resort move, since the whole point of accelerated underwriting is to avoid the more time consuming
aspects of life insurance applications.
I've wrote thousands
of life insurance applications over the years and a topic that seems to come up on almost on a daily basis is the noticeable difference that women pay less than men for life insurance.
Some of which are not likely to play any type of significant role in the outcome
of your life insurance application where other could and could even cause your life insurance application to be postponed for a period of time.
The life insurance medical exam (a.k.a. the paramed exam) brings on more anxiety and angst than any other part
of the life insurance application process.
Well, it's time to expunge the untruths and set the record straight about this misunderstood part
of the life insurance application process.
We'll often get calls from folks who are taking Nexium (esomeprazole) and are wondering if its use will have an effect on their life insurance application and the truth is that in the vast majority of cases where the Nexium is simply being used to treat routine heart burn or GERD (gastroesophageal reflux disease) its use isn't going to play a significant role in the outcome
of your life insurance application.
For those that are simply using their Pepcid AC or Prilosec to treat the occasional bout of heartburn, you're generally going to find that your Pepcid AC isn't going be a factor in the outcome
of your life insurance application.
The life insurance medical exam (a.k.a. the paramed exam) brings on more anxiety and angst than any other part
of the life insurance application process.
We'll frequently get calls from folks who are taking Pepcid AC (famotidine), Tagamet and Prilosec (Omeprazole) and are wondering if its use will have an effect on their life insurance application and the truth is that in the vast majority of cases that are using Pepcid AC are simply using it to treat routine heart burn or GERD (gastroesophageal reflux disease) so its use isn't going to play an important role in the outcome
of their life insurance application.
The paramed nurse will also confirm the answers on the health questionnaire as part
of the life insurance application.