AFFILIATED
BENEFIT REPRESENTATIVES
[ Home ] [ LIFE POLICY REQUEST ]
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Got Life (Insurance)?
We offer you the most cost effective way to insure the future of those you look out for; term insurance Term insurance is defined as a contract of insurance coverage that has a pre-determined "term" (length/duration of policy coverage). The death benefit (face amount) will remain level during that "term". Our approach to getting you the coverage you need is unique. Instead of providing you a proposal/quote (which is not binding, is not a contract, and in no way protects your beneficiaries, we go beyond this and deliver you an actual policy that you can bind (put into force) if you choose by simply paying 1 months premium! This is only if you like and want the coverage. YOU ARE UNDER NO OBLIGATION TO BUY THIS COVERAGE; IT IS SIMPLY OFFERED TO YOU. YOU CAN ALSO REFUSE THE POLICY, BUT REQUEST A LESSOR DEATH BENEFIT (AND/OR SHORTER TERM DURATION) AND WE WILL GET THAT DELIVERED TO YOU IF YOU WOULD LIKE TO PUT THAT POLICY IN FORCE. (Since we already have you approved for a larger face amount (death benefit) and/or longer term duration (how long the policy would stay in force) it is no problem to request an alternate policy issued for "less" coverage, so it is always best to apply for the largest face amount ("face amount" is simply the amount of death benefit that your beneficiaries would receive in the event of your death), and/or longest term duration (term duration simply means how long you want the policy in force, at the same low premium cost) you would need. Once that is approved, you are in the drivers-seat on the exact policy you end up accepting and funding!!!! THE BOTTOM LINE IS THAT ANY INSURANCE AGENT CAN OFFER YOU RATES THAT SOUND GOOD, BUT UNTIL YOU GO THROUGH THE APPLICATION-PROCESS, AND GET AN "OFFER" FROM AN INSURANCE COMPANY YOU ARE NOT INSURED AND DO NOT HAVE A POLICY BEING OFFERED TO YOU THAT YOU COULD BIND ("BIND" means put into force) IN THAT MOMENT AND PROTECT YOUR LOVED ONES FROM THAT MOMENT ON. ALL LIFE INSURANCE CARRIERS, OFFERING YOU $100,000 WILL NEED THESE THINGS BEFORE THE APPROVE OFFERING YOU ANY LIFE INSURANCE POLICY THAT YOU CAN ACTUALLY BUY
SO THE BOTTOM LINE IS THAT UNLESS YOU ARE WILLING TO SUBMIT TO THESE TWO ITEMS (PARAMEDICAL EXAM AND PROVIDING APPROVAL FOR YOUR DOCTOR TO ALLOW YOUR MEDICAL FILE TO BE REVIEWED) YOU WOULD NOT BE A CANDIDATE, WITH ANY CARRIER, FOR COVERAGE OVER $100,000. Of course your true premium, for the coverage you want, will be a result of your actual health, as determined by the underwriter (the person at the insurance company who will review the results of your paramedical exam and your medical file) . That is why , though we are happy to give you a quote, that quote would be based on the one of five different rate tables (To learn more about "rate tables, otherwise known as "underwriting classifications" and how your actual life insurance premium is determined, click here) THERE ARE 4 BENEFIT DURATIONS AVAILABLE (THE LONGER THE POLICY IS IN FORCE, THE HIGHER THE PREMIUM)
(DETERMINING THE "LONGEST" YOU WOULD WANT YOUR LIFE INSURANCE IN PLACE, IS THE FIRST STEP IN DECIDING WHAT POLICY OF LIFE INSURANCE DESIGN YOU NEED) CLICK HERE FOR MORE DETAIL ON PLANNING YOUR LIFE INSURANCE POLICY THE NEXT ITEM TO PLAN, IN THE DESIGN OF YOUR LIFE INSURANCE PLAN IS THE FACE AMOUNT (DEATH BENEFIT) . LIKE OTHER THINGS, AS YOU BUY IN "BULK" YOU GET A MORE FOR YOUR MONEY. (THESE ARE REFERRED TO AS "PREMIUM-BANDS") THE THREE PREMIUM BANDS OFFERED ARE
Here are some examples of rates for a male, nonsmoker, age 41 , face amount/death benefit of $250,000.00 (Preferred plus, non-tobacco rates: Female rates would be lower) 10 year term plan = $16.41 per month 15 year term plan = $22.13 per month 20 year term plan = $29.31 per month 30 year term plan = $46.16 per month Now lets compare these rates when this same male buys a face amount of 1 million dollars ($1,000,000) 10 year term plan = $33.25 per month 15 year term plan = $43.75 per month 20 year term plan = $63.00 per month 30 year term plan = $118.31 per month This male quadrupled his death benefit by only spending, on average 50% more premium! (This shows the benefit of "buying life insurance in bulk".) To begin to determine the design of a life insurance policy that you might buy here, or somewhere else, click here
To better understand about what your premium will ultimately be determined by click here
So to summarize
We do not need you to answer any health questions! We do not need you to sign anything!
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