LIFE INSURANCE FAQ
How much is your service?
There are no costs for our clients when applying for a life insurance policy. The purpose of an application is to see what official rate a life insurance company will offer you. If a medical exam is needed, you will not have to pay for that either.
What is the difference between a Quote and the Approved Rate?
Quotes are all of the rates that life insurance companies provide. You still have to qualify for insurance. Once you apply and go through the underwriting process, the life insurance company will make their final decision based on their qualifying criteria. If approved, you will be given a health class rating and the rate based off of that health class. For example, someone with Diabetes may get Preferred Plus quotes and apply based on those rates. However, they are not going to qualify Preferred Plus – and will be rated up. Someone who is in great health and applies for Standard rates will actually qualify for better rates.
How Do I Get the Best Life Insurance Rate?
Get Affordable Life Insurance Quotes Instantly
You need to start off with the right agency who will take the time to find which companies will offer you the best chance at securing life insurance. We are an independent life insurance agency and represent over 60 of the highest rated term life insurance companies.
Simply use our life insurance quote tool to get current quotes and see which companies have the best term life insurance rates. You will also see the A.M Best Rating for each company, so that you know you are comparing term rates from top rated life insurance companies.
Our personal service can’t be beat!
We’re not like other insurance websites that sell your information and bombard you with phone calls. At the LifeInsuranceBlog you are coming direct to the source. We are independent agents and don’t sell or share your information with anyone.
When you choose us for your life insurance needs we take the time to get to know your situation and make sure you’re not applying with companies that will not offer you the best rates.
In addition to getting quotes on our site you can call us at 888-411-1329, or chat with a live agent right on the site.
Can I alter my policy after I apply?
Yes. Once you are approved, you will have the option to make some changes to your policy before you accept and pay for it. You may have to justify certain changes. For example, if you get approved for $750,000 and want $2 million – the life insurance company will need to know why. If you are wanting to change term lengths to meet your budget, you can simply let us know.
What are my policy payment options?
Most life insurance companies require a bank draft for monthly payments. There are some companies that will bill you and you can send in a check. The majority of life insurance is paid with automatic EFT payments to protect the insured from missing a payment and the policy being cancelled.
How Are You Different Than Other Agencies?
Life Insurance Experts
Our expertise is in helping match you with the right life insurance company for you. Since life insurance companies have different guidelines for how they price someone for life insurance, you want to choose the highest rated company that will offer you the best rate.
For example while one life insurance company may not offer you their best rates based on your cholesterol levels while another company may offer you their best rate since they have more flexible guidelines.
Online agencies and call centers often use “churn and burn” tactics. Their goal is to submit as many applications as possible by quoting you at “Preferred Plus” even if you can’t qualify for that rate in hopes you apply with them.
Our goal is to find the right company for your situation. We are experts in understanding life insurance company guidelines and knowing which company will offer you the best term life insurance rates. Let us do the research for you. We’ll present you with all your options and let you know the best companies available for your budget, goals, and health.
Can I Get Life Insurance Without A Medical Exam?
No Medical Exam Life Insurance
We specialize in term life insurance policies both with a medical exam and without a medical exam. No Medical Exam life insurance policies are available for up to $250,000 of coverage.
You will typically pay a little more than a fully underwritten term life plan that has a medical exam.
However, there are those that don’t mind the added cost due to its convenience. With a no medical exam policy you can have coverage in less than 24 hours.
If you need a life insurance policy quickly, or simply don’t want to have a medical exam done then we have several term life insurance companies that offer no medical exam policies.
What if I Have Health Issues or Pre-existing Conditions?
High Risk Life Insurance
Whether you have a minor or major health condition, it’s imperative that your life insurance agent researches all of your options. Not all life insurance companies are the same when it comes to qualifying for their policies. Some are much more lenient than others depending on your condition.
We specialize in high risk life insurance and finding these companies that ultimately saves you money, time and aggravation. If you have been previously declined for life insurance it doesn’t mean you can’t qualify for coverage. We are impaired risk specialists and offer various types of coverage if you are considered high risk.
We have had success helping Type 1 and Type 2 Diabetics get approved for coverage. We have also helped individuals with a history of cancer and heart disease, as well as people suffering from Multiple Sclerosis, Hepatitis C, Crohn’s Disease, and other conditions that you may have been declined for.
We evaluate your situation and tell you which options are available to you. Whether it’s a regular life insurance policy,a simplified issue, or guaranteed issue policy. We have been able to help many people who were previously declined for life insurance get approved for coverage.
If you want to get term life quotes use our instant quote tool. If you would like to discuss a high risk life insurance policy or any of the best term life insurance companies we represent, call us at 888-411-1329. By: Michael Quinn
How Do I Buy Life Insurance on LifeInsuranceBlog?
How To Buy a Term Life Insurance Policy on Life Insurance Blog.
We make the process of buying a term life insurance policy quick, convenient and easy.
- First, use our instant life insurance quote tool to get term life insurance rates from more than 60 life insurance companies. Once you receive the results from our quoter, review the term life rates and choose the life insurance company you would like to apply with.
- Then simply click on request application or call us at 888-411-1329. Once we receive your application request, one of our agents will contact you to make sure that is the best company and rate available. You can then easily complete the life insurance application over the phone.
- Once completed you will be able to sign your application online with an electronic signature. No agents have to come into your home!
Shop when it’s convenient for you. If a medical exam is required we will also schedule a paramedic to come to your home or office for an exam at no charge to you.
Once approved, your policy will be emailed or mailed to you and your life insurance policy will be in force.
What Pre Existing Health Conditions Can Get Life Insurance?
Are you wondering if a certain condition will eliminate you from qualifying for life insurance? Be sure to check our page of Pre Existing Health Conditions. We are constantly adding articles on health conditions and how they relate to life insurance. Don’t see a health condition listed?
Call us at 1-888-411-1329 and we’ll be happy to help answer your questions and provide you information on how to secure coverage.