Houston Life Insurance
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Test Your Insurance IQ – Yahoo! News
Now that the health insurance reform bill has become law, it's a good time for a quick check-up: Do you have enough coverage? Your own health care isn't the only area that deserves a second look. Many Americans fail to take out enough life insurance but end up taking out too much insurance for their pets, for Read the rest of this entry »
Where and how can I purchase cheap life insurance policies here in Houston?
Marie
Houston Texas
As you look around for life insurance, you might always be probably thinking on what you must do to find for the cheapest possible rates. However, obtaining cheap life insurance policies may not necessarily mean finding the lowest rates. Finding cheap life insurance policies is about getting the right coverage at a lowest possible deal. There are plenty of ways that you can take and things you can even change or adopt to qualify for a low cost life insurance policy. A little research and a lifestyle evaluation can help you save tons of money on your life insurance.
What exactly is the policy when it comes to Life Insurance?
Melinda
Houston, TX
Hello, Melinda!
The policy is the most important part of life insurance, whatever kind it may be – No Exam, Smokers Life Insurance, Term Life, Whole Life, Universal Life, etc. simply because all the conditions as well as the provisions are written on the policy. Aside from this, it also serves as the contract between you and the company or insurer. The contract details terms and conditions, and the provisions are all stated on the policy. You need to have a policy when placing a claiming on your life insurance. Because without the policy, your claims might not be easily accommodated by the company. The policy will serve as your basis in claiming benefits from a life insurance policy. Besides, how can you get something if you don’t have any evidence to back up your claims? As I have said Melinda, the policy will be your proof in making such claims.
Can I get no exam Life Insurance?
Fred,
Houston, TX.
Fred,
Be careful, however, making sure you check your policy thoroughly, and don’t forget to disclose even those small details to your insurer, as forgetting to tell them something as simple as whether you smoke or have been having aches, pains and pins and needles could cost you dear when it comes to making a claim.
People who tend to buy no exam life insurance are generally the more risky people to insure because they have pre existing conditions or have aged considerably and are still seeking insurance coverage. When it comes to larger insurance policies, the rates for have to be equally as high.
No exam life insurance is therefore much more popular for people who are older, or who have poor health and whose term insurance rates will suffer as a result. For many consumers however, no exam medical term life insurance still may not be the ideal alternative. This is because it may be just as easy to work to improve your health, to get a real policy with low rates.
Many people who seek no exam life insurance rates are actually in such poor health that if they were honest on their applications, they would not qualify.
Great Question.
I have shoulder pains do I disclose this to the insurance company?
Gene
Houston, TX.
Gene,
Just because the life insurance company does not complete a full examination before they issue the policy, it does not mean that they will not dig through your medical history and verify the accuracy of your answers on your application after you die. In most states, life insurance companies have the right to investigate the accuracy of your application if you die within two years of purchasing the policy. When you sign the policy, you give the company the right to investigate all of your personal records (medical, government, employment, etc). Just because they streamline things upfront doesn’t mean they aren’t going to do everything in their power to avoid paying a $100,000 life insurance claim.
Be careful, making sure you check your policy thoroughly, and don’t forget to disclose even those small details to your insurer, as forgetting to tell them something as simple as whether you smoke or have been having aches, pains and pins and needles could cost you dear when it comes to making a claim.
Very good question. Thank you for asking. Hope this website helps your situation.