Your Doctor Versus Your Life Insurance!
For the most part medical records are what they, unreadable scribblings interspersed with occasional labs that are fairly understandable and other kinds of test results that might make sense to a doctor, but are of no use to you or me. There is an area of life insurance underwriting, especially for those of us over ...read more
Life Insurance Application Process – Part Four!
So, let me catch you up. First you went through finding the right agent because anyone who reads this blog knows that the right agent using the right company equals the right outcome. Then your agent got down and personal and used that information to informally shop your case to up to 20 companies, sometimes ...read more
How Long Should A Life Insurance Application Take To Be Approved?
Our office has always been about getting the job done for our life insurance clients and getting a policy in force as soon as possible. I could probably be labeled a little obsessive compulsive about the application process, but I believe my logic is sound. Beneficiaries don’t get anything from applied for life insurance. They ...read more
International Business Buy/Sell Life Insurance!
With the ability I discussed yesterday to write foreign nationals through US life insurance companies, there is now an opportunity to consolidate and save money in international business partnerships that should have business buy/sell agreements. I am currently working on a buy/sell life insurance package where one of the executives is from Maryland and the ...read more
How Life Insurance Underwriters View Medical Records!
I used to think it was kind of amusing that obviously intelligent doctors have the worst handwriting of any other genre on the planet. Can you imagine if they were still in med school and had to hand write a 20 page thesis on something. The instructor would probably just count the pages and give ...read more
Somewhere In That Decline Is The Reason For Approval!
I’ve always said that a life insurance decline is really not a bad place to start. Obviously it’s more fun to get approved at the best rate the first time around, but most of my clients come to me because they have health issues. They call or email because they have been declined life insurance ...read more
Seven Reasons For Thinking About What You Say!
I was reading an article on MSN Health yesterday about how to talk to your doctor. It struck me that the same things would hold true for how to talk to a life insurance (or health insurance) agent. It also reminded me of previous posts where I’ve talked about how the average medical records are ...read more
How To Learn From A Life Insurance Decline!
For most being declined for life insurance feels a little like being convicted of a crime that you didn’t commit. It’s also scary not knowing what to do, whether to try again, whether you will be black balled because of the decline, who knows. The problem from my end is that there are so many ...read more
The Medical Record Hangover!
Medical records should be an accurate account of each visit, test or procedure and nothing else…emphasis on accurate. The problem is that there really is no appreciation in the medical business for just how much damage can be done from medical record inaccuracy. When is the last time you looked, I mean really reviewed, your ...read more
Pre Birthday Rates From Garden State Life!
I got a letter (bulk rate) from Garden State Life today. I had inquired some time back just to find out how bad their “no exam” life insurance offer was. I like to keep abreast of the hardly ever changing difference between what life insurance will cost if you take an exam and if you ...read more
