The unfortunate truth is that people lie all the time, and many people lie on life insurance applications.
How do I know? I’ve witnessed it. I’ve been doing this for a long time. I’m a CFP Professional and licensed insurance agent.
If you are applying for life insurance, I encourage you to read this article. Many other articles on this topic are written by freelancers and writers who have never worked with a client, looked a client in the eye, or sold a policy.
Continue reading 3 Bad Consequences Of Lying On A Life Insurance Application
According to the Mayo Clinic, there are 3 million new cases of Alzheimer’s disease each year. This condition is tough on families and loved ones. If you or a family member have Alzheimer’s disease, you probably think that you can’t obtain burial insurance. That is simply not true. Sure, there might be life insurance carriers that decline you, but there others that won’t. You just need to know where to look and the right type. Whether you were just diagnosed with dementia or Alzheimer’s disease, or you are looking for someone else, burial insurance is available.
Continue reading Burial Insurance For People With Alzheimer’s Disease or Dementia
In my opinion, there is no disputing how important disability insurance is. Just get on www.gofundme.com to see the pain many people and families are experiencing. The solution to many of these situations, simply, would have been a comprehensive, affordable disability insurance policy. Their lives could have been so much better. However, if you need disability insurance, you need to know about disability insurance underwriting first. Knowing how underwriting works is the first step to obtaining a disability insurance policy.
We receive phone calls from many people who are interested in disability insurance. However, they are unaware of how their background and health affect their chances of obtaining a policy. Misunderstandings abound.
Continue reading Disability Insurance Underwriting: What You Need To Know To Get Approved Today!
If you apply for life or disability insurance, usually the carrier sets up a paramedical exam. The exam consists of health questions, a height/weight check, a urine sample, among other requirements. In the past few years, many carriers are moving away from the traditional process of a paramedical exam to a simplified, non-medical insurance process. The simplified process excludes the paramedical exam. It usually does, however, require a phone interview with a member of the carrier’s underwriting team. In this article, we discuss the simplified process in more detail. We also discuss how you can “ace” the insurance underwriting phone interview.
Continue reading How To “Ace” The Insurance Underwriting Phone Interview
If you’ve been rated, declined, or received a counteroffer for disability insurance coverage, you probably think it is the end of the world.
You better believe it, John, you say.
It is such an important, yet overlooked, insurance policy. It not only protects your family, but also protects YOU, your income-earning ability, and YOUR future.
All things being equal, we opine that disability insurance is more important than term life insurance, your auto insurance, and your homeowners insurance. (We all agree that those are really, really important, too.)
Underwriting for disability insurance is usually stringent. Much more than life insurance. Have you been rated or declined for disability insurance? Or received a counteroffer?
If so, you may think, “Just forget it. I don’t need this $%&# insurance!”
We say, hold on a minute. Let’s analyze this situation in more detail. In this article, we explain the options available for those people rated or declined for disability insurance.
Continue reading Rated Or Declined For Disability Insurance Coverage? Here Are Your Options