Speed is the watchword now. We must have everything instantly. Coffee or tea does not need brewing, food items come semi-cooked; communication has become faster; send an email and it reaches its destination instantly. Under this circumstance, it is natural that many will not want to fill up long and detailed forms, appear for medical tests and then wait for weeks to get life coverage. If you too are one of those who want everything to happen instantly, there is good news for you. We now have instant life insurance policies to take care of our insurance needs.
This policy was introduced when it was realized that many Americans in the middle and lower income group did not have any kind of life insurance term life insurance. To remedy this situation, this new policy was introduced to make it simple to get life insurance. Those who do not have the time to spend in an elaborate application process can apply for instant-issue term life insurance and get one approved in an amazing 10 minutes. While this does not mean that everyone will be eligible for this policy, it does mean that the process will be expedited within 24 hours at least.
Other than that, the instant term life policies are also the most hassle free way of receiving life coverage. They do not require you to undertake any medical test. Of course, that does not mean that if you are terminally ill or a regular substance abuser, you will still get the coverage. No, the carriers have their own way of finding out. However, because the policy exempts you from medical test, you can have the coverage within twenty-four hours, but at a higher rate. Otherwise, everything is same.
Similarly, just as in any traditional term life policy, the rates can be different for different people. , You need to receive the life insurance quote on line to start the process of purchase. To receive quotes, you will have to answer a few question truthfully. The quotes will be based on the answer to all these questions. Older people generally have to pay at a higher rate, but if you are a woman, you may get some respite. It has been proved that women have longer lifespan than men do and so they are entitled to lower rates.
Always make sure that whatever inputs you provide, either in the quote form or in the application form, are always accurate. As I have already said, the carriers have their own way of cross checking the facts and so, they will always know if you are suffering from any kind of terminal diseases. However, without the medical test they have no way of knowing in any such diseases is lying dormant within you or if you have physical condition or habits such as obesity or tobacco use, which can give rise to such diseases. They therefore, automatically take you as high-risk candidate and charge accordingly.
Therefore, it stands that term life insurance no medical policies are convenient, but as every good thing, it also requires you to pay at a higher rate. The purchase procedure is easy:
Contact your current insurance provider to see if they offer any such policy. Otherwise, search online for carriers offering such a policy. You can also contact life insurance brokers for that.
Request for quotes from three different sources at least.
Select one and apply online.
Wait for twenty-four hours to see if you qualify
All that the company will require is a blood sample or a mouth swab. Some will not even want this and will only ask questions online. If you do not have health insurance, go online and search for companies, which offer these policies. Select at least 3 companies and request quotes from them. Give them details of your name, age, sex, some health related questions and the amount of coverage required. You will receive a quote at once and if you are satisfied, you can go ahead, request an application and complete the process online.
In some cases, when a blood sample is requested, the approval will just take a few days but definitely not take many weeks like other insurance policies. However, remember to always be truthful for insurance companies have a way of cross checking information and if it emerges even after the insurance is approved that you have lied, your insurance policy can be summarily terminated and the premiums you paid will be lost. So, go about it the right way and get a good life insurance term life insurance to protect your family.
Article by David Livingston of EQuote, who is a specialist in everything life insurance. For more information on cheap term life insurance and seguros de vida, visit his site today.
This policy was introduced when it was realized that many Americans in the middle and lower income group did not have any kind of life insurance term life insurance. To remedy this situation, this new policy was introduced to make it simple to get life insurance. Those who do not have the time to spend in an elaborate application process can apply for instant-issue term life insurance and get one approved in an amazing 10 minutes. While this does not mean that everyone will be eligible for this policy, it does mean that the process will be expedited within 24 hours at least.
Other than that, the instant term life policies are also the most hassle free way of receiving life coverage. They do not require you to undertake any medical test. Of course, that does not mean that if you are terminally ill or a regular substance abuser, you will still get the coverage. No, the carriers have their own way of finding out. However, because the policy exempts you from medical test, you can have the coverage within twenty-four hours, but at a higher rate. Otherwise, everything is same.
Similarly, just as in any traditional term life policy, the rates can be different for different people. , You need to receive the life insurance quote on line to start the process of purchase. To receive quotes, you will have to answer a few question truthfully. The quotes will be based on the answer to all these questions. Older people generally have to pay at a higher rate, but if you are a woman, you may get some respite. It has been proved that women have longer lifespan than men do and so they are entitled to lower rates.
Always make sure that whatever inputs you provide, either in the quote form or in the application form, are always accurate. As I have already said, the carriers have their own way of cross checking the facts and so, they will always know if you are suffering from any kind of terminal diseases. However, without the medical test they have no way of knowing in any such diseases is lying dormant within you or if you have physical condition or habits such as obesity or tobacco use, which can give rise to such diseases. They therefore, automatically take you as high-risk candidate and charge accordingly.
Therefore, it stands that term life insurance no medical policies are convenient, but as every good thing, it also requires you to pay at a higher rate. The purchase procedure is easy:
Contact your current insurance provider to see if they offer any such policy. Otherwise, search online for carriers offering such a policy. You can also contact life insurance brokers for that.
Request for quotes from three different sources at least.
Select one and apply online.
Wait for twenty-four hours to see if you qualify
All that the company will require is a blood sample or a mouth swab. Some will not even want this and will only ask questions online. If you do not have health insurance, go online and search for companies, which offer these policies. Select at least 3 companies and request quotes from them. Give them details of your name, age, sex, some health related questions and the amount of coverage required. You will receive a quote at once and if you are satisfied, you can go ahead, request an application and complete the process online.
In some cases, when a blood sample is requested, the approval will just take a few days but definitely not take many weeks like other insurance policies. However, remember to always be truthful for insurance companies have a way of cross checking information and if it emerges even after the insurance is approved that you have lied, your insurance policy can be summarily terminated and the premiums you paid will be lost. So, go about it the right way and get a good life insurance term life insurance to protect your family.
Article by David Livingston of EQuote, who is a specialist in everything life insurance. For more information on cheap term life insurance and seguros de vida, visit his site today.
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