Do I Need an Insurance Physical When Applying for Life Insurance?
The answer to this question is almost always Yes! An insurance physical is usually required when applying for life insurance and if you are told otherwise, then you will probably be overpaying. When you speak with your advisor, ask them if you are eligible for the “no-exam” life insurance. Without conducting an insurance medical exam, the life insurance company cannot determine who is healthy and who is not. However, do not be concerned, these exams usually take no more than an hour and can normally be completed at your home, office or wherever convenient for you. If you are healthy, medically underwritten life insurance will almost always save you money. But a word of advice, don’t assume that if you smoke, or have some health concerns, that you cannot get coverage. Life insurance policies are available for smokers and people with medical conditions, but it is important to be honest with your advisor. A highly experienced and educated agent may have the ability to negotiate and properly explain an individual’s health concerns to an insurance company in such a way that may not be attainable when requesting a term insurance quote using a “call center” insurance agent.
If you have additional questions regarding requirements for your term life insurance quote or would like to begin the process, contact one of our advance degreed financial professionals today! In addition, all clients of Advisors Insurance Direct are entitled to a complimentary financial review, so please don’t hesitate to inquire through your advisor.
Life Insurance Physicals & Getting Your Term Insurance Quote
If you are a healthy individual, you will find that it is easier to get medically underwritten for the life insurance policy that you have chosen and your premiums are likely to be lower. That being said, there are plenty of options for people with medical conditions or those who smoke. The most important thing is that you fulfill the following criteria:
- Fully discuss and determine with your advisor the amount of insurance you need or want
- Be open and up front about any medical or health concerns you may have
- Be willing to undergo an exam when applying for coverage
Contact Advisors Insurance Direct if you need help shopping around for your term insurance quote. Thanks to our numerous contacts with over 100 different providers in the industry, we can work to deliver you the most appropriate program to meet your needs.
Get the Best Term Insurance Quotes Regardless of Your Health Concerns
When you have health concerns or are in less than perfect health, it is crucial that you are completely honest with the agent that will be working with you when getting a term insurance quote and applying for a policy. Our advisors are highly trained and experienced and they only have your best interests at heart. Therefore, the process becomes easier when you are forthright. We can only negotiate the best term insurance rate if we have the right information. Unlike many other typical call-center companies, we do the research that is required in order to identify the ideal insurance provider and plans. You will have the additional reassurance of knowing that your personal information will always be kept confidential.
Contact Us to Request a Term Insurance Quote
If you are ready to get the ball rolling, you can contact us to speak with a qualified agent who will give you a term insurance quote based on the information that you provide. Advisors Insurance Direct will also support you when you want to make alterations to your existing plan or apply for new ones, so you can always feel confident in your decisions. Call us today for your personalized term insurance quote.