FAQ
What is the typical cost for my insurance policy?
Cost varies based on your age, gender, prescription history, health diagnosis, weight, payment method and how much coverage you will need. However, we can tailor your policy to fit your budgets and your needs because we believe that life insurance isn’t a one-size-fits-all solution for your family. Usually coverage starts as low as $5,000 and go up to as much as $50,000 **
What payment methods are accepted?
Usually a Checking/Savings account - The carrier will need the name of the account holder, the bank routing number, and the bank account number for automatic deductions.
Credit/Debit card - You will need the name of the cardholder, the card number, security code, and the expiration date. A limited few of the companies may accept Visa, MasterCard or Direct Express.
Is there a grace period for late payments?
Yes. The grace period for policies varies by product, typically 31 days from the due date of your bill. If a premium is paid during the grace period, the premium is considered to have been paid on time and your coverage (including riders) still remains in effect.
Do I have to do a medical exam?
Our smart process means all you have to do is answer a few health questions instead of setting up medical exams or blood test. Most companies will just take a brief look at your prescription history, in a few cases at your medical information bureau file. What traditionally took weeks can now be done in minutes, giving you more time to focus on what matters.
Is there a 2 year wait period?
Because of our expedited process, most customers enjoy same-day coverage. However, if you have underling issues that fall outside of the pale, you may qualify for a delayed payment policy. That means you can go from applying to protecting your family in a matter of minutes or months. As the popular saying goes “Your health buys you insurance and your money pays for it”
What if I have underlying issues, am I still insurable?
Absolutely!. You may qualify for a graded, modified or guaranteed issue coverage. However, you can still get coverage.
What is the cut off age to get a final expense policy?
Most Final Expense coverage options end at 80, however, there are a few that pre-qualify 85 up to 90 years old's
Can my relative get a policy on my behalf or answer for me?
Typically no, however, if your relative or guardian has a power of attorney or Guarianship document then, they can make decisions on your behalf. Outside of those documents its not legal, even if you are the next of kin or confidant.. The insured has to be able to answer a few basic questions. The owner can be someone else with insurable interest