Sentences with phrase «only underwriting factor»

These plans are open to applicants who are between the ages of 20 and 50, and in some cases, a telephone interview may be the only underwriting factor to go through.

Not exact matches

But this number is not set in stone, and it's only one of several factors considered during the application and underwriting process.

Given these factors, if you're fairly healthy and not concerned about your ability to pass a medical exam (they're simple and only take about 30 minutes), you can save a lot of money over time by getting a fully underwritten policy elsewhere.

Credit can impact that, but only somewhat — there are very clear limits on how much a person can be uprated for underwriting factors, so the impact will be minimal.

(It's important to remember that your credit score is only one factor in the underwriting process.

While this seems like a reason not to invest in a student's education, the average student still benefits economically from investing in education, but using only creditworthiness as criteria for loan qualification leaves out a large pool of candidates (from low - income origins) despite an average positive return from investing on a degree A targeted approach known as «forward - looking underwriting» determines a borrower's qualifications based on more factors than just credit history (considered backward looking).

However, it is only one of the several underwriting factors that the life insurance carriers use to determine your health class rating and cost.