The Life Insurance Process Explained - The Policy

The Underwriting Process A signed application and a completed exam will lead you to underwriting, the longest stretch of the journey to peace of mind. This generally takes three to eight weeks, depending on your unique situation. Once all required information is received, the life insurance carrier makes their decision regarding whether and at what rate you qualify for the policy. The main factors evaluated are age, build, height and weight, blood pressure, cholesterol, smoking habits and nicotine uses, frequency of alcohol and prescription drug use, family history of cancer and heart disease, driving record, hazardous occupations and hobbies, financial justification, citizenship, and military service. Helpful Tip The Underwriting Process Respond to questions and requests for information as quickly as possible. Your Policy This is the final part of your journey to peace of mind. When you receive your approved policy, look over it and double-check the information. Once your payment and any required forms are received, the insurance company will verify that your policy is now in force. In force is just a fancy way of saying, you're covered! Helpful Tip Reviewing Your Policy Carefully read your policy. Sign and return any required forms and your payment ASAP to get your coverage started. Congratulations and welcome to peace of mind! We review your policy every year to make sure you're getting the best rates and to assess if your needs have changed. We also have other products like long-term care insurance, disability insurance and annuities. Above all, we come with a lifetime value promise. At AccuQuote, we are here with you for life.