Sentences with phrase «own life insurance application»

Take out a term life insurance application immediately.

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.

In these records from your health providers it is very likely the missing information from your life insurance application would turn up, including your family medical history.

If you've never applied for life insurance before and are considering it now, you should know the steps that are taken from the moment you start the life insurance application process to the day you receive your policy.

You are correct — the insured needs to sign the life insurance application even if the insured is not the policyowner.

Here's something frustrating: after you put in your life insurance application, get the medical exam, and go through underwriting, your life insurance agent comes back and tells you that your rate got bumped up.

Your personal information will only be used for the purpose of quoting or processing your life insurance application by the insurance professionals of SpectrumInsuranceGroup.com or one of our trusted partners.

Just note that it's important to be honest when completing a life insurance application, even if answering the questions makes you uncomfortable or you know an answer will increase your premiums.

In these cases, the insurance company believes that the person who purchased the policy falsified information on the life insurance application in order to qualify for the policy.

Again, the insurance company has two years from the time the policy is issued to determine whether there was a material misrepresentation on the life insurance application.

Well, it's time to expunge the untruths and set the record straight about this misunderstood part of the life insurance application process.

If it is shown you lied or made a misrepresentation on your life insurance application, the company may be able to deny your beneficiary's death benefit claim.

The life insurance application process has become more user - friendly over the years, particularly with the advent of automated accelerated underwriting providing life insurance without an exam.

In most cases, a life insurance application will be approved if you have Cushing's Syndrome, however it will just be a matter of determining the premium rate.

Insurance companies can challenge any information you put on a Pennsylvania Life Insurance application for up to 2 years.

Proposed Insured: The person named in a life insurance application as the person whose life is to be covered by the insurance.

Being classified as a smoker on your life insurance applications will make your premiums double or even triple in some cases.

If you are currently being treated for COPD, you'll want to disclose the medication on your life insurance application.

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.

As part of the life insurance application process, after a thorough physical examination and a determination of which factors are impacting a person's health, they are placed into a formal classification most of the time, ranging from Preferred Select to Standard Smoker.

It is to your benefit to disclose your high risk activity on your life insurance application at the very beginning.

Most life insurance applications include a medical exam to help the carrier assess your risk of dying during the term of the policy.

Second, if you should pass away and are found to have been intentionally deceitful on your life insurance application, your insurer could deny your claim based on insurance fraud, leaving your family high and dry.

Unlike with a regular life insurance application, which involves a medical exam to assess your risk, insurers ask you detailed questions and use third - party data such as prior medical records, your driving record, etc to assess your risk level.

If you use cocaine (or another Class A-controlled substance), your life insurance application will be denied.

The person whose life is insured must sign the application, giving permission for the insurance company to collect data, such as motor vehicle records, prescription drug records and information submitted on previous health and life insurance applications.

This article discusses the four steps of Protective's life insurance application process, from filling out the application online to the und...

For permanent residents and people with visas and green cards, life insurance application guidelines will vary from company to company.

For some people, the life insurance application process and medical exams can be stressful.

This means Ethos makes heavy use of technology to process life insurance applications and keep costs down.

The life insurance application usually takes four to eight weeks from start to finish, but you can complete the process in just seven steps.

People are sometimes tempted to lie on life insurance applications as a way of either a) increasing the likelihood of the policy being approved, or b) getting a lower premium.

We've touched on this topic a bit in other articles, but we decided that the topic of lying on a life insurance application is sufficiently common to be worthy of a more comprehensive discussion.

Under these provisions, a Vermont Life Insurance company can question any information you stated on your Vermont Life Insurance application for up to two years from the purchase of the policy.

The most important thing for former smokers to remember is to not lie about tobacco use on your life insurance application.

Just because your first life insurance application is declined doesn't mean your next one is going to be.

Under these provisions, a South Carolina Life Insurance company can question any information you stated on your South Carolina Life Insurance application for up to two years from the purchase of the policy.

Although the procedure might seem a little burdensome, you can use the same results on other life insurance applications up to about six months later if you don't ultimately go with your first choice of carrier.

When insurers look over a simplified issue life insurance application, they can see your medical exam results from your term life insurance policy.

Filed Under: Insurance Tagged With: Application Process, Insurance, Life Insurance, Life Insurance Application, Life Insurance Quote Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

They walked me through the life insurance application process and kept me well - informed through the entire process.

This authorization is standard procedure when you sign credit and loan applications, life insurance applications, employment applications, security clearance requests, etc..

There has been an increase in life insurance applications submitted in Maryland due to lower rates.

In many cases, if you have any medical conditions, you can receive a very affordable premium due to the fact there are very few medical questions on these simplified issue life insurance applications.

Most final expense life insurance applications will contain a question asking about any recent heart or circulatory surgeries.

There has been a increase in the volume of life insurance applications in your state.

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.

You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:

Depending on the cause of one's acromegaly, and their current treatment program being used, insurance companies are going to vary on how they will choose to underwrite one's life insurance application.

Some people with health problems can get lower rates by submitting a non-med life insurance application versus a fully underwritten policy.