Sentences with phrase «underwriters review your application»

Step 5: An underwriter reviews your application At this point the insurer will review your application, phone interview, and medical exam results, as well as your credit history.

After an underwriter reviews an application and medical results, many are shocked by the final quote they receive, which may cost as much as 50 % more than anticipated!

It's during this period of time where the life insurance underwriters review your application and medical exam to assess your risk for their company.

This is the step where the underwriter reviews your application to assess your risk.

The underwriter reviews your application.

The underwriter reviews the application and asks the applicant for any clarifications.

Not exact matches

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter (s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text - messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

The overall strength of your business is what an underwriter will be looking at when they review your application for credit.

Mortgage underwriters calculate the ratio of your total debt (including your new mortgage payment and all of your installment debts) to your gross income when reviewing your application.

I received phone call from Jacob yesterday to learn that my loan application had been denied, based on a credit score of 568, according to the underwriter who reviewed my 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.

An underwriter reviews all the information in your loan file to determine if the application meets the lender guidelines.

Mortgage pre-approval, on the other hand, involves the same steps as a mortgage application — you'll provide detailed information about your income and assets that will be reviewed by the lender's underwriters.

After a review of your application, credit report, and documents, the underwriter may need more information.

To secure a pre-approval, a mortgage underwriter will obtain your credit score, verify documentation and review your home loan application.

Once your medical exam is completed, an underwriter from the life insurance company will review your medical records and approve or deny your application.

After an underwriter has a chance to review your application, they will contact you and let you know whether or not your application was approved.

Typically underwriters review the following 5 standard health factors when assessing applications:

After this is complete, the life insurance application will be sent to an underwriter who will review your answers, exam results and any medical records obtained from your doctor.

An underwriter at the life insurance company will then review the application to assess the overall risk of the person being insured.

Each of the above side effects or situations increases the likelihood of mortality, which is the exact opposite of what a life insurance underwriter wants to see when he or she reviews your application.

The information you give in your application is reviewed by a team of underwriters.

Every application is reviewed very carefully, and many factors go into the underwriters» decision - making.

More often than not, an underwriter will still review your application.

After the insurance underwriter has reviewed and approved your application, you have to sign the policy (because it's a contract) and pay the first premium.

After the application is received, the underwriter will review your application and medical results to determine the final pricing.

During this time, a team of underwriters at Kansas City Life review your application to assess your overall risk.

Insurance underwriters will review your life insurance application, your medical records, and the results of your lab tests taken with the application to determine if you would be qualify for high risk life insurance.

Once your medical exam is completed, an underwriter from the life insurance company will review your medical records and approve or deny your application.

Because there are not any medical exam results to review by the insurance company's underwriters with a no medical exam or a guarantee issue policy, this type of coverage can often be approved and issued much more quickly than a medically underwritten plan — in fact, in some instances, these policies can be issued within just a few days, or even on the same day of application.

But not everyone qualifies for automated underwriting — if not, your application may be either denied or sent to a human underwriter for further review.

After the underwriters review the complete application and all the records that go along with it, they then decide how much coverage and at what cost to offer the applicant, unless they decide to deny or post-pone the application.

When you apply for life insurance, underwriters review the complete application and all the records that go along with it.

The underwriter (insurance company) is an employee of the insurance company and is the individual responsible for reviewing applications and medical histories and accessing the applicants risk to the company.

Our underwriters will review your application and make sure you've found the best possible policy for your lifestyle.

Until an insurance underwriter is able to review your full life insurance application, including the results from your medical exam and medical records from your doctor, knowing exactly what rate class you may or may not qualify for or even if you'll be eligible for traditional coverage will still be an unknown!

Next, an underwriter at the insurance company will review your application and medical exam results.

Once all this is complete, the underwriter will review your application along with your medical exam and some medical records to give you your designated health class rating.

That until an insurance underwriter has had an opportunity to review your life insurance application, review your medical exam results and look at your medical records, we won't know for sure whether or not you'll be eligible for a traditional term or whole life insurance policy, or which of the 12 possible rate classes you may or may not qualify for.

When reviewing your application for coverage, the insurance underwriters will typically request additional information regarding your heart condition such as:

An underwriter will review your application, medical exam results and additional information as needed and will assign you a health class, which your rates will be based on.

The application is reviewed by an insurance company underwriter to consider whether the requested policy will be issued and, if so, in what classification and at what premium rate.

However, it's important to remember that until a life insurance underwriter has had an opportunity to review your application, your exam results and also see your medical records we simply won't know for sure what you will or won't be eligible for.

This is because, most simplified issue life insurance policies, in addition to not requiring one to take a medical exam will often not request medical records from your primary doctor, which means that underwriters reviewing your simplified issue life insurance application will have less information to base their decision on.

Posted in application process, decline, insurance, life insurance, life insurance approval, over 50 life insurance Tagged errors in medical records, get it corrected, insurance, life insurance, medical records, other peoples information in your records, over 50 life insurance, review medical records, underwriters review medical records, voluminous records

After reviewing your lab results, the insurance company's underwriter will approve your application request additional records from your doctor.

Once your application and lab results are submitted, an underwriter will review your application and medical exam results to assess your «risk» to the insurance company.

Typically, the underwriter will review the application and order a report from the Medical Information Bureau and a Prescription Drug database.

Underwriters also review broker and agent applications for insurance to determine whether or not to offer them insurance based on the risks they may or may not present.

Acquire all necessary credit report and financial information for loan applications and submit complete loan packages to underwriters for review.