Term Life Insurance With No Exam
Reader’s Question:
I have life insurance coverage through my employer here in California but I don’t think I have enough coverage. What is my best bet for additional life insurance cover without going through a medical examination?
Ivette
Costa Mesa, CA
It’s a good decision to get additional coverage for your life insurance even though you already have it through your employer in California. And since you don’t want to go through a medical examination, your best bet on this is the term life insurance with no exam. This kind of policy would let you buy life insurance coverage without a lot of hassles. This is very convenient because if you opt to go online to purchase your life insurance, you could also obtain an instant quote for term life insurance with no exam and know the fees in just a few minutes. You can get instant life insurance quotes from a lot of insurers prior to making a final decision. You can determine what the policy covers and it that one is what you need.
In case you opt to work with a life insurance expert to acquire all the information, you can get term life insurance with no exam through this as well. You have to let your life insurance representative know that you need a policy that doesn’t ask you to go through a physical exam so as to provide you the right life insurance quote.
Just a little reminder, though, that you may not get the coverage you would with a conventional life insurance policy that requires a medical exam. You have to evaluate and determine if a physical exam will not give you better coverage which would also include health-related deaths. A life insurance expert could help you make a decision on this.
How To Find The Right Term Life Insurance Company?
Reader’s Question:
My mom’s been bugging me to help her find the right term life insurance company since she will be getting an insurance coverage soon. I don’t have any idea about life insurance much more about getting it from the right insurance company. Can anyone help me?
Odessa
East Seattle, WA
Sure Odessa!
It’s very important that your mom buys her insurance coverage from the right term life insurance company. And here are what you mom should consider in getting her insurance coverage from the right company:
Complaint History: It’s very important to know whether the potential insurer has a high percentage of customer complaints. As you can see Odessa, the more complaints a certain insurance company gets, the more it tells about what kind of insurer it is. You can check with your state’s office of insurance commissioner to know more about company’s complaint history.
Licensing Status. Of course you don’t want your mom to purchase life insurance coverage from a company that does have the legal rights to conduct business here. To check about this you can also contact the Washington Insurance Consumer Hotline or even check their website.
Customer Service. As a paying customer of course you only want the best service that you can get. To give you a first hand experience on this, call the insurance company’s hotline number. How do they handle prospect customers? Do they keep you waiting for a long time?
Financial Stability. This is very important to make sure that the insurance company can settle its claims. There are published ratings about insurance company’s financial strength, you can check that when you visit public libraries.
Now that you know those things, I’m sure you could help your mom in finding the right term life insurance company. Make sure you know those things by heart!
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