Image : http://www.flickr.com
Life insurance no medical questions at all?
Not exactly. Life insurance is not the business of giving away only the insurance industry. If you can not find an application could without a medical curiosity of the insurer, there are many strategies that require only a few health questions and no medical examination.
No Medical Insurance
This type of policy go through most of the traditional underwriting process of lifeInsurance, except for a great cause. There are no physical examination involved, so that the carrier is based on responses to health questions and information in public databases. Questions about health can be quite extensive. Some companies want to know everything and everything about you. For example:
- Your health history
- What did Recipes
- The health of your family history
- Your driving history
- Your work and activities involvedin
- Your height and weight
These are just some examples. The implementing rules and entry fees vary from company to company.
Simplified Issue Insurance
This means that there is no control and usually only a short question with a couple of health problems. The support is to check your answers with information on the medical information bureau and prescription databases.
Insurance guarantee issue
This type of life insurance isexactly what it says guaranteed issue. The application can be as short as 5 to 7 questions on health, and the company really wants to know is an incurable disease, the most recent diagnosis, and recent heart attack. This type of policy is good for someone who had health problems elsewhere insurance (if terminal is not denied) was life, which is for '.
