Term life insurance is the most common and most straightforward type of policy. Generally, this type of coverage appeals to the masses as it tends to be the most affordable, easiest to buy and understand, and it covers temporary needs during the time in your life when you need the protection.
Most carriers commonly use some kind of medical exam procedure to judge any conditions or history that might affect the applicant’s rate for insurance or deny him or her coverage altogether. Historically it has been a standard part of the mainstream life insurance process. More and more however, we are seeing carriers developing processes for determining an applicant’s insurability without any face-to-face contact between the applicant and an agent or examiner. This can greatly reduce the time and expense of for insurance companies to get policies issued and make the process much easier and more pleasant for you as an applicant.
Universal Life Insurance is designed to help you meet your current and future Life insurance needs, and potentially provide lifetime security for you and your family. Some of the top benefits are flexibility in the policy’s face amount, as well as the amount and frequency of premium payments to adjust to your changing needs.The cash value of your policy earns interest, and this growth is income tax-deferred – the cash value can be accessed almost anytime.
Q3 Life Insurance News with Aaron Udell, National Sales Director for Quality Quick Quote is proud to announce this new podcast designed to inform clients and agents for navigating the complex waters of life insurance. We will discuss and educate the best products that are offered to clients. If you want any podcast to be on a specific topic feel free to reach out to us at firstname.lastname@example.org