Why Do I Need a Life Insurance Exam?
Executive Sumary By Dwayne Nawrocki
A life insurance exam is standard practice - many insurance carriers require that applicants take medical exams to determine the rate you are charged for your term and whole life policies. Although you may want to avoid an exam or feel it is unnecessary, you will generally get a better rate if you submit yourself to a life insurance exam by a paramedical professional. These medical professionals are paid by life insurance companies to perform exams and report the findings back to them. What Will Be Checked in My Life Insurance Exam?
For example, if you are 50 and in good general health, you may only be required to answer a few basic health questions and have your heart rate, blood pressure and weight checked. Life insurance companies use the information obtained from your exam to calculate how long you are expected to live. What If I Have a Pre-existing Condition?
My Insurance Expert will help you find term life insurance that fits all of your individual needs. The world of life insurance doesn't have to be difficult.
What Are the Benefits of Term Life Insurance and Whole Life Insurance?
Here is much debate over which is better, term life insurance or whole (permanent) life insurance. Each type of policy has its pros and cons. Term life is called pure insurance because you are only paying for protection for a specific amount of time. Whole life offers not only protection, but it also has an investment benefit. Whole Life Insurance
Premiums for whole life policies are generally much higher than for term. Term Life Insurance
Term life insurance is fairly simple. You pay your premiums for the duration of your policy and if you die your beneficiaries receive the value of your policy. Premiums for term life insurance are based on your age, your health, your marital status and the type of work you do, and are lower than whole life policies. Unlike whole life there is no investment component and no cash value. Many people in the insurance industry feel that term life insurance is your best choice.
Which type of policy is best is not a question with an easy answer. Term life and whole life both have their pluses and drawbacks. My Insurance Expert will help you find term life insurance that fits all of your individual needs.
How to Purchase Life Insurance Online
If you need life insurance, you may want to purchase life insurance online. Purchasing life insurance online is easy and convenient. There is no need for a medical exam, no paperwork hassles and you don't have to leave the comfort of your home to purchase life insurance online. You can purchase term life or whole life online with a few clicks of your mouse. Your income and your potential income; you will need to cover the income you generate and your future income for your family's protection.
Term life insurance covers you for a set amount of time while whole life is generally for your life time and has a cash value that builds over time.
When you get your life insurance quotes compare the benefits of each company. With the help of an experienced agent, you can purchase life insurance online and have the peace of mind that you have provided protection for your family.
My Insurance Expert will help you find term life insurance that fits all of your individual needs. The world of life insurance doesn't have to be difficult.
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