The reason for this is that if you have a pre-existing condition such as diabetes, depression, previous heart condition, etc, etc... chances are, you're not going to qualify for a simplified issue life insurance policy, at least not at
the same health rate class as you would receive had you taken an exam.
Not exact matches
The Safe Harbor Term Express product is issued the
same day (Standard to table 4
rating health class)
If you know you have a cholesterol issue and your agent tells you that it does not matter you may expect the exact
same results: Lower
Health Class Rating / Higher
Rates and a Possible Declination.
This
rate class will have the
same health guidelines as a standard
rate but will have a higher monthly premium since you are a tobacco user.
When the policy expires, however, 10, 20 or 30 years later tether is no guarantee that your
health is the
same and you are likely to be categorized at a higher
rate class and pay more for your coverage.
Yes, you can receive the standard
rating which is the
same health class that the average American receives.
Regardless of your current
health, this valuable feature guarantees that you'll be eligible for the
same rate class as the day your policy was originally approved.
«Even if their
health goes downhill, they can always convert to a permanent product at the
same rate class they were originally approved at».
Because of some past
health history impacting a previous application I shopped my case in the
same way I would for any of my clients who didn't present a clear path to a given
rate class.