Sentences with phrase «same applicant for coverage»

This means that the same applicant for coverage may apply for term life insurance at one life insurance company and obtain a certain premium rate, and he or she could apply for the same amount and type of coverage at a different insurance carrier and obtain a drastically different premium rate.

Not exact matches

Premiums are higher for older applicants, assuming the same amount of coverage.

Each company is different, and all of them have various rating systems for applicants, which means that you could receive drastically different quotes for the same coverage.

They have competitive rates on no exam life insurance and offer same day coverage for qualified applicants.

For the same coverage amount, young and healthy people pay less than older applicants in poorer health.

What this means is that an applicant at one life insurer may be able to obtain a life insurance policy for a much lower premium price at another insurance carrier — for the exact same amount and type of coverage.

These are quick issue term life insurance policies that offer the applicant the ability to apply for coverage online and start their life insurance protection the very same day, if qualified based on the questions asked on the application.

This means that an applicant could be turned down for coverage by one insurer, but approved by another — even with the very same health, age, and other qualifying factors.

While all life insurance companies do not underwrite their applicants in the same manner, there may still be times when a person does not qualify for medically underwritten life insurance coverage.