Not exact matches
Thus, homeownership reduces the economic
risk on any transaction since the assets work
like a guarantee of all the
applicant's debt regardless if they are used as collateral of any particular loan or not.
A high
risk occupation is one of the more common reasons an
applicant may see a hike in rates, although it's not as severe as something
like health conditions.
Not everyone with a BRCA gene develops cancer, and being aware of it means that
applicants take the necessary precautionary measures,
like MRIs, mammograms, or mastectomies, to decrease their
risk.
If you've been declined for life insurance in the past because of a pre-existing condition
like diabetes, there are dozens of companies that specialize in insuring high -
risk applicants and we can help you get a plan from one of these companies at an affordable rate.
Life insurance companies,
like companies offering all lines of insurance, look at
risk to assess the rates an
applicant will pay.
If you have medical conditions
like many
applicants do which will put you in a high
risk life insurance category, you will just have to work with them due to the fact there is no magic wand to make them suddenly go away to make it easier to apply.
The second challenge for a high
risk applicant is to find, an life insurance agent that isn't working in a massive call center environment whereby a difficult case
like yours may simply not get the attention it needs!
Like many of the top life insurance companies that offer more liberal underwriting guidelines with certain high -
risk applicants, American General is tougher if your profile involves other
risks.
Several different things could make you a «high -
risk applicant», things
like having a preexisting health condition, using tobacco, or being obese.
But independent insurance agents who understand high -
risk conditions
like stroke, offer
applicants a better chance of getting affordable rates.
An individual in this role has many responsibilities and has duties
like assessing the background and gathering information about the
applicant, studying the proposals and calculating involved
risks, collaborating with professionals and specialists to judge
risk assessment for determining the amount to be paid out and negotiating policies by adding necessary terms and conditions as required.
Like manual scoring, these programs use a scoring model to measure the
risk of accepting individual
applicants.