Applicants for life insurance undergo thorough underwriting.
Expect to answer a battery of medical questions on the application. Then, expect to have the insurer obtain your medical records. For larger amounts, expect to undergo a paramedical exam.
Here’s the good news. Insurers have seen it all. Some companies have niche expertise in approving common conditions. Here are just two examples:
- one carrier offers preferred rates on applicants over 60 with well controlled Type 2 diabetes.
- another insurer offers non-smoker rates even if applicants smoke e-cigarettes or marijuana (three times a week or less)!
It’s good to know we can help a certain gold medal swimmer should he phone!
P.S. Medicare educational meetings at The Rauser Agency 8/24 (Mequon) and 9/27 (downtown). Both start promptly at 5:00. To learn more, give us a call.