No Exam Life Insurance from Allstate

/ Matt Elwood Allstate Agency/

Now it’s quick and easy to take life insurance off your to-do list. Allstate has recently come out with a new life insurance policy called Basic Term.  The great thing for you is that they have taken the hassles with getting life insurance away!

Simplified Underwriting

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Basic term is a simplified issue product that requires no exam. That’s right, no nurse coming to your home to prick you with a needle or make you pee in a cup. The policy is issued depending on answers to health questions on the application. What’s even cooler is that this can be completed over the phone and signed via email. This saves time, energy and money. In addition, there are three simple database checks used to determine eligibility.  These are the Medical Information Bureau (MIB), the Motor Vehicle Report (MVR) and the Prescription Database Check. The approval or decline decision is given within days instead of weeks.

There are four Basic Term underwriting classes with two Tobacco and two Non-tobacco classes. The issue ages for this product are 18-45. This is great news for young families who are too busy to sit down and go through the traditional life insurance application process.

Product Specifics

All Basic Term policies are issued as 15-year level term, with the option to convert to a permanent policy at a later date.  Allstate offers three different face amounts to choose from: $50,000, $100,000 and $150,000. Your premium will remain the same and will not increase for the term of your policy. If your situation requires more insurance or for a longer period of time, you can still qualify for those products with a traditional life insurance exam.

Spread The Word

We are very excited to announce this product in conjunction with our Auto/Life Discount. For more information or to get a quote, please contact Matt at 360-452-9200.

Want more information? Please visit Matt Elwood - Allstate Insurance to get more information on the Allstate products and services I can offer in Port Angeles, Sequim or anywhere Washington State.