Life Insurance: What Is The MIB?

Updated: March 13, 2020 at 8:37 pm

What is the MIBHave you ever heard of the MIB? Nope, in this case, we aren’t talking about a bunch of men, dressed in black, looking for aliens. You may have heard of this acronym if you applied for any type of personal insurance (life, health, disability, critical illness, and long-term care) on yourself. Contrary to what you may have heard from another agent or think, the MIB isn’t some evil organization out to “get you” (or find aliens).

In this article, we will describe the importance of the MIB and their role in the underwriting process. After reading this article, you may even be happy the MIB exists, and understand that they are your friend in the underwriting process (Ok, we won’t go that far :)). Continue reading Life Insurance: What Is The MIB?

Fibs, Lies, and Life Insurance

Updated: March 13, 2020 at 7:03 am

Fibs, Lies, and Life Insurance - Blog for My Family Life InsuranceWhat Happens If You Lie On A Life Insurance Application?

The answer: it depends on the intent. But, likely your application will be declined or your policy rescinded.

In this article, we discuss how lying on a life insurance application – or any insurance application – can impact you and/or your beneficiaries.

Continue reading Fibs, Lies, and Life Insurance