You’re in for a Big Treat, So Let’s Get Started
This is where your headaches and worries are coming to a screeching halt! If I had to guess, this is your first time shopping for life insurance. You are also probably overwhelmed with all types of policy designs, premiums, and companies. We have daunting thoughts about the application process too, especially if you have any health concerns. What makes it worse is you probably don’t know who to speak with to get all your many questions answered. If this is your story, just relax because this is where the big treat comes in.
My name is Jack Venturi, I have been the founder of this website and an independent insurance agent (broker) for over 30 years. I will answer all your questions, find solutions to your problems and get you pointed in the right direction so you can find the best life insurance product at the lowest premiums. I am available 7 days a week at 708-334-6226 to answer your questions! I guarantee the best results, so put us to the test!
Let’s Go Over Everything You Need to Know Step by Step
1. Your budget for your new life insurance policy?
This is an extremely important question so your new plan can comfortably fit into your budget allowance so paying the premium every month will not become a financial burden to you. You can activate our instant quoting system to get a look at your options and perspective premiums. You will want to purchase enough life insurance to cover your financial liabilities but not if it is going to break the bank. Only you know what you can afford so this should be an easy step for you.
2. What kind of policy should you apply for?
The two main plan designs are Term Life insurance which is a temporary form of life insurance. Term life insurance is usually purchased within a term period of 10 to 30 years. Banner Life Insurance Company now also offers 35 and 40-year terms periods also. The other plan designed is Universal Life Insurance, which is a permanent form of coverage that will last forever. Universal life does cost more, but it does offer you coverage for the full length of your life as long as you continue paying your premiums.
Keep in mind that final expense insurance can be a good product especially if you are a senior citizen looking for just burial insurance for funeral and final expenses. All you have to do in this step is to determine how long you need your life insurance.
3. Do you have any medical conditions?
Medical conditions are what life insurance companies pay special attention to. Especially if they are the types of conditions that can prove fatal down the road. As we get older, medical issues seem to always slip into our lives regardless of what we do to prevent them. We have to pay special attention to medical conditions if you have any.
Make a list of any medical concerns you have and the prescription drugs you use for them. Some life conditions put more or less weight on a given medical condition than other carriers would. Naturally, you want to apply with a more friendly company for your health issues. We can pre-screen your conditions so you know what to expect before you apply.
4. What life insurance companies should you apply with?
What carrier to apply with will depend on your health history and other main considerations. Because all life insurance companies underwrite their applications differently such as hazardous occupations, tobacco use, and dangerous sports. Careful thinking and planning have to be considered to make sure which company would be the best fit for you. We always make sure we have our clients apply with the most applicable company. Make a note to discuss any specific companies you would feel more comfortable applying with.
5. Apply over the telephone quickly & easily!
You mainly have three options to apply for life insurance. The first approach involves a long-drawn-out paper application with approximately 20 pages or more. This was a sure-fire way to induce writer’s cramps and is obsolete, but still an option. The second way came several years later which was for the online application to be completed on your computer over the internet. Both of these methods took considerable time and had their complications.
Many computer users complained of technical issues with the online application software. If you do not have a computer or internet connection, this is no longer an option. The best way to apply is through the telephone application which takes about 15 minutes to complete. All you have to do is listen to the question and then answer the question. Nothing could be simpler. Applying over the telephone is a joy, trust me!
More great information when you need it
- Life insurance 101 blog post directory
- Tips that will help you get the best rates
- High-risk life insurance blog posts
- Trusted insurance company reviews
Applying for life insurance should always be a simple process!
Life insurance companies have designed the complete process to be simple and easy for everyone. The key ingredient is connecting with a good experienced independent agent. Your agent (hopefully for us) is here to help you every step of the way at no cost or obligation. We are available 7 days a week which is unheard of but we understand people sometimes have difficult schedules. Even though all this information you just read is great. There is no substitute for a chat on the phone so call us today!
You can set up a time to chat on the phone and get all your questions answered at your convenience. There is no cost or obligation!