Sentences with phrase «underwriting questions on the application»

In the underwriting questions on the application, many carriers will ask if you have a dog and what type of dog it is.

The simplified issue refers to little to no underwriting questions on the application, and fewer or no exam requirements.

In the underwriting questions on the application, many carriers will ask if you have a dog and what type of dog it is.

Not exact matches

In many instances, guaranteed issue life insurance will only have just a few questions to answer on the application for coverage — and, because there are no medical underwriting requirements to contend with on the policy, these plans can typically be issued within just a few days.

Underwriting is limited and policies are approved or either rejected based on the answers to application questions only.

An earlier survey of travel insurers found that 95 % percent of the products that were sold in 2014 were accepted automatically, without any additional underwriting apart from the general medical questions posed on the application form.

However, with these policies, there are health questions that are asked on the application — and the application will otherwise go through underwriting to determine whether or not the applicant will qualify for the policy.

The policy is underwritten on a guaranteed issue basis — there are no medical questions on the application.

Guaranteed life insurance, the most expensive type of coverage, does not require that you take a medical exam as a part of the underwriting process and companies ask very few medical - related questions on the application.

The Gerber Guaranteed Life Plan is guaranteed issue meaning there are no medical exam hoops to jump through, no underwriting or health questions on the application.

With a few additional underwriting questions, Simplified Issue Life Insurance applications may ask about cancer, heart disease, stroke, cognitive impairments or kidney disease, digging into any medical conditions early on.

Underwriting — You may have heard about life insurance underwriting, it is a process by which you find out if you qualify for a policy based on your personal information which includes your answers to the questions asked on the application for coverage, your results of a medical exam, and other factors considered when underwriting an applicant for life insurance; such as, your driving record, occupation, hobbies anUnderwriting — You may have heard about life insurance underwriting, it is a process by which you find out if you qualify for a policy based on your personal information which includes your answers to the questions asked on the application for coverage, your results of a medical exam, and other factors considered when underwriting an applicant for life insurance; such as, your driving record, occupation, hobbies anunderwriting, it is a process by which you find out if you qualify for a policy based on your personal information which includes your answers to the questions asked on the application for coverage, your results of a medical exam, and other factors considered when underwriting an applicant for life insurance; such as, your driving record, occupation, hobbies anunderwriting an applicant for life insurance; such as, your driving record, occupation, hobbies and lifestyle.

Make sure to ask if you don't understand a question on the application, or if you don't understand why it's being asked or if it impacts rating or underwriting.

Is a term life insurance policy that is underwritten by looking at your medical history and you answering the questions on the application.

The underwriting process starts by you answering some very basic health questions on the application, such as tobacco usage, prescriptions taken, driving convictions and your height and weight.