Sentences with phrase «simplified issue policies ask»

Simplified issue — While they don't require a medical exam, simplified issue policies ask about health history on the application.

A simplified issue policy asks a few more questions than guaranteed life, but is much more affordable and still doesn't require a medical exam.

Not exact matches

A simplified issue final expense life insurance policy application will ask some questions regarding the individual's health and medical status.

Even though Assurity simplified issued product is a no physical term life policy, they still do ask background questions.

• Simplified Issue Life Insurance — You may be asked a few questions before you can be approved for these policies such as whether you are a smoker, or have been diagnosed with HIV or Aids, or whether you are currently residing in a long term facility, or have other health related issues.

Rather than submit to a medical exam, simplified issue policies will generally just ask a few medical questions to determine the relative health of their applicants.

Simplified issue: these policies ask health questions and some conduct background screenings such as checking the medical information bureau and prescription database.

For example, while a life insurance policy that is simplified issue may not require the applicant to undergo a medical exam, these policies may still ask for health information from the proposed insured.

However, you can also find additional no exam simplified issue policies which will ask only a few questions without the background check.

The reason why we ask this question first is because, if a client is only looking for about $ 25,000 in coverage, sometimes, it makes sense to first take a look at what is called a guaranteed issue or simplified issue life insurance policy.

These policies, the Guaranteed Issue Policy and the No Exam Policy, just ask simplified health questions to determine if you are even eligible.

Even though Assurity simplified issued product is a no physical term life policy, they still do ask background questions.

Unlike many other life insurance policies, to qualify for senior life insurance, you can opt for a simplified issue where you're asked a few medical questions to determine if you'll qualify or not.

Now we ask these two questions first because if you're only looking for about $ 25,000 dollars in life insurance coverage, and you're over the age of 45, there's a really good chance that you might be eligible for what is called a guaranteed issue life insurance policy which would immediately simplify matters since we wouldn't need to ask any additional questions regarding your health!

There are some types of ALTERNATIVE life insurance products, mainly guaranteed acceptance or simplified issue life insurance policies which will ask very few, if any, heath related questions or require that an applicant take a medical exam in order to qualify.

With Assurity's Simplified Issues Life Insurance Policy, the amount of benefit that can be obtained will be based on the health - related questions that are asked on the application for coverage.

Almost all «final expense», are either a simplified issue (ask a few questions, no exam) or a guaranteed issue (no questions, no exam) whole life policy.

Additionally, most if not all simplified issue life insurance policies that won't require a medical exam will also ask questions about whether or not you consume alcohol and will typically also order a prescription database check as well.