Deciding what type of Life Insurance Policy is right for you, and what face amount you need.
This is totally up to each person. Some people already know what type of coverage they need, some people need to see what is right for them. Some of your options include Term Life Insurance, No Medical Life Insurance, and Universal Life Insurance.
Filling out the Life Insurance Application
This is a very simple step and shouldn’t take more than 10-15 minutes. You can do this over the phone with one of our Life Insurance Specialists or you can do it online with EQUOTE’S online application center.
Once we recieve your application you can expect to get a call from the Paramed Company to schedule the exam. This usually takes 5-7 days. The exam itself takes less than 20 minutes. If an EKG is required, it will take a little longer.
Underwriting of your Policy
Once the results of your medical exam are received by the Insurance Company it usually takes them around a month to underwrite your application.
Issuing of your Policy
Once your application is approved, the Insurance Company then prints out your policy. This step usually takes 2-3 days.
Mailing your Policy
Once your policy has been printed, it is usually mailed to EQUOTE in 2-3 days. After we receive your policy, we review it to make sure that all the information is correct and we mail it to you.
The overall timeline from your application being taken to the time your policy goes into force is around 45 days. You can be sure that our experienced team will do everything on our side, to expedite this process.
Don’t wait any longer get an instant quote and apply online for life insurance today. Life insurance it’s not for the people who die, it’s for the people who live.