You’ve decided to buy life insurance. Now what?

The life insurance application process can seem daunting at first glance, but it doesn’t have to be!

In this guide, we’ll show you how easy it is to apply for life insurance. When you’re finished reading, you’ll know how the step-by-step process from the moment you sign up to the day you receive your life insurance policy.

What happens after you apply for life insurance? An employee of the insurance company—called the underwriter—reviews it in a process called life insurance underwriting.

What is underwriting, why is it so important, and how does it affect your pricing?

We’re here to break down the basics of underwriting for life insurance. You’ll learn:

Why underwriting exists, and what are the most critical risk factors that affect it
What kind of tests you have to go through when you apply for life insurance coverage
Why your policy might be more expensive than what you were quoted (or why you were declined coverage)

So if you want to know what happens after you send your life insurance application, this guide is for you.

Let’s get started.

Recently there was a post on Know Your Insurance about five signs you are being “purely sold” insurance. They were five quick warning signs that you’re talking to a insurance salesperson who doesn’t really care about you. While it was quick and to the point, we would like to expand on some of the points. Here are five warning signs that you are not working with an insurance salesperson with your best interest in mind, who instead is looking for a quick sale.

Life insurance riders are optional benefits that you can buy and add to your basic policy. They allow you to customize your policy to your liking.

But with so many riders to choose from, how do you know which one to get?

In this post, we uncover the most common life insurance riders and explain the pros and cons of them. By the end, you’ll know which ones are worth it and which ones you should avoid.

When people talk about life insurance, they immediately think of the working class with a family that depends on them for their income. The loss of their lives would have a devastating effect on their families’ finances, and life insurance on their lives is common to prevent such a loss. While that may be the most common demographic that requires insurance, the elderly segment of the population should not be neglected. In this post, we will discuss the types of insurance seniors need.

Mortgage life insurance is sold by your lender to pay off the mortgage in case you pass away.

But is it a good deal?

It is for the bank.

In this post, I will show you exactly why that is. I’ll also show you an alternative to mortgage life insurance that gives you better coverage. Oh, it can also save you 30%.

Let’s get started.