Learn The Price Of Your Life Insurance Premium Before You Apply
In a previous article, I covered the topic of life insurance quoting, rate classes, and approvals. The point was to make note of the fact that you, like most consumers looking for life insurance, may see quote info and take that as conclusive pricing - before underwriting has had a chance to assess your application based on factors like exam results, medications, or medical records. If you are looking at obtaining life insurance, and you want to know what your rate class might be with a number of carriers, here is one way to make that happen. Let's call it a preliminary inquiry.
A preliminary inquiry amounts to "test driving" your case so that you can know more about the possible outcome, without the formal application and the time it takes to get formal approval. Why would you do this? First, consider that if you are taking no medications, have seen a doctor in the last t...
No comments