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Category:Life Insurance110
Buying & Underwriting in Life Insurance
10 articles found
Life InsuranceHow to Get the Best Life Insurance Rates: 11 Proven Tips
The same 35-year-old can pay anywhere from $19 to $42 a month for the exact same $500,000 20-year term policy depending on which carrier they apply to and how the application is structured. This guide walks through the eleven adjustments that consistently move applicants into the lowest rate class and save the typical buyer $200 to $500 a year on the same death benefit.
Brian Greenberg•Updated Jun 2026
Life InsuranceHow to Buy Life Insurance: A Step-by-Step Buyer's Guide
Buying life insurance comes down to four decisions: how much coverage you need, how long it should last, what type of policy fits your situation, and which carrier will underwrite you for the lowest rate. This guide walks through each step in plain English and shows how to avoid the mistakes that quietly cost most buyers thousands of dollars over the life of a policy.
Brian Greenberg•Updated Jun 2026
Life InsuranceOnline Life Insurance Quotes: 8 Carriers Compared
Eight top-rated U.S. life insurance carriers now offer fully online applications with instant or 1-to-3-day decisions, no medical exam for healthy applicants under set face amount caps, and the same A-rated financial strength as traditional carriers. This guide compares each of them on no-exam cap, age eligibility, decision speed, and which buyer profile gets the best rate with each carrier.
Brian Greenberg•Updated Jun 2026
Life InsuranceThe Life Insurance Application Process: How to Qualify
A life insurance application has three main components: a written questionnaire about your health, lifestyle, and finances; a public records check including MVR, prescription history, and MIB; and, for fully underwritten policies, a brief medical exam performed at your home or office. Understanding each step ahead of time is the difference between a 10-day approval at the best rate class and a 6-week back-and-forth at a higher rate class.
Brian Greenberg•Updated Jun 2026
Life InsuranceCan I Retake My Life Insurance Medical Exam?
Yes, you can; however, it is up to the underwriters to approve another medical exam and be willing review the new results for a premium adjustment.
Brian Greenberg•Updated May 2023
Life InsuranceUnderwriting Your Life Insurance Application
You’re interested in buying a life insurance policy, but you’re wondering how you’re going to be “assessed” during the application process. Well, the application is really just the beginning. The life insurance company takes your application and hands it over to an underwriter...
Brian Greenberg•Updated May 2023
Life InsuranceHow long is the life insurance application process?
Traditional policies can take 3 to 6 weeks. Some products can only take a few minutes, or even seconds.
Brian Greenberg•Updated Jul 2022
Life InsuranceWhat Is LexisNexis?
For the insurance industry, they are given what is called an “Electronic Inspection Report”, which is then used to help classify your potential risk.
Brian Greenberg•Updated Jul 2022
Life InsuranceHow Does Life Insurance Without a Physical Exam Work?
There are various types of no physical life insurance products. Each type has a different application process and costs. By choosing carefully, you can make sure that you don't overpay.
Brian Greenberg•Updated Jul 2022
Life InsuranceMIB Insurance Report: What You Need to Know
MIB, formerly the Medical Information Bureau, is an insurance consumer reporting agency in North America, the only one, in fact, and its primary purpose is to protect insurance companies against fraud.
Brian Greenberg•Updated Jul 2022