Frequently Asked Questions
WHAT COMPANIES DO WE REPRESENT?
Click here to learn about the highly-rated companies we represent. Availability of companies and products varies by state.
HOW MUCH LIFE INSURANCE IS ENOUGH?
Life insurance coverage is intended to replace lost income of the insured individual in the event of death. The proceeds from the policy should be enough to cover immediate expenses as well as provide continuous income for your beneficiaries. It is recommended that coverage be 5 to 10 times your annual income. Younger individuals may want to allow for as much as 15 times their income to allow for inflation. In order to make an informed decision, we recomment you speak to one of our expert licensed agents to help determine what is right for you and your family.
HOW LONG DO I NEED PROTECTION?
Policies can be written for 10, 15, 20 or even 30 years. Primarily, the coverage you need depends on how long you expect your beneficiaries to be dependent upon your income. The number of years until retirement is often chosen if your spouse is your beneficiary. If your children are beneficiaries, you'll want to obtain coverage until they turn 18 or finish college. To cover a mortgage, choose a policy that will be in place for at least the length of the loan.
HOW DO I APPLY?
Based on the information you provide, we will complete your application and mail it to you. You then review the application and mail it back with your signature to complete the process.
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IS MY INFORMATION KEPT CONFIDENTIAL?
Completely. Only your selected insurance carrier will have access to your personal information. We never sell your name, address, or personal information.
DOES IT COST TO APPLY?
No. Your selected insurance carrier will pay for all of the underwriting expenses, including the exam.
HOW LONG DOES IT TAKE TO GET A POLICY?
Typically, it takes 4-7 weeks to obtain a policy after your signed application is returned to
your selected insurance carrier.
WHAT FINANCIAL CRITERIA IS USED IN SELECTING A SAFE INSURANCE COMPANY?
Insurance companies are rated by professional organizations with letter grades (from A++ to F). A company’s financial strength, integrity, performance and claim-paying ability can be determined by these letter grades. Click here to see the ratings of the companies we represent.
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WHAT IF I USE TOBACCO?
Rates for smokers are higher than for non-smokers, however, the experience we have affords us the knowledge of which companies offer low rates for tobacco users. You can save as much as 50% on your premiums by applying with one of these companies.
IS THERE A MONEY BACK GUARANTEE?
Yes. A full refund will be provided if you change your mind during the application process. This guarantee continues ten full days after your policy is delivered to you.
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