How do I know you represent good companies?
We only quote and illustrate companies that are A Excellent to A++ Superior rated by AM Best. While we represent many companies you have probably heard of such as Prudential Financial, we may quote companies that you’ve never heard of that are equally or higher rated than Prudential. They have simply chosen to put their money into low rates versus advertising.

What does “subject to full underwriting” mean?
When we give you a quote, it is accurate based on the information you have provided. Full underwriting is the next step and includes an examination (at no cost to you) and a review of your medical records. Full underwriting gives a company the peace of mind to be able to offer a low rate because they’ve seen the whole picture.

Do I need to take an exam?
No! There are companies that will issue policies without exams, but you pay for it. You’ve taken away a little bit of that peace of mind that full underwriting gives and the rates are subsequently higher. It’s worth noting that even though you can skip the exam, they will still retain the right to review your medical records.

Is there a waiting period before life insurance becomes effective?
The answer we use around the office is “no, as long as you tell the truth and don’t do yourself in”. Every policy has a 2 year suicide and contestability period. During the first two years the company doesn’t have to pay if the death is due to suicide or due to something that was misrepresented on the application. If you are completely honest on the application and don’t do yourself in, the policy is fully in force from the date the first premium is paid until you quit paying premiums.

Is whole life better than term?
Is a pickup better than a car? The two products are just that different. The answer really lies in what you perceive as the primary purpose for the insurance. If it is a need that never goes away then “whole life” or some form of permanent insurance may be appropriate. If you can define an end to the need for the coverage, such as your oldest child will be out of college in 15 years, then it is a term need.

What if I outlive my term insurance?
The answer is “it worked”. You provided the protection during the years it was needed and you’re still around to enjoy the party. If the question is really about feeling bad about being alive and having spent that money, then look into return of premium term insurance. If you outlive the term you get all of your payments back, tax free. You get to enjoy the party and you will have provided that protection for free.