No Exam Life Insurance from Allstate

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

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. 

Eight Tips To Remember Before Your Life Insurance Exam

Your diet and behavior before your life insurance exam may affect the results and ultimately how much you end up paying. The better underwriting class you qualify for, the cheaper your policy will be.

Here are eight tips to remember before your life insurance exam.

1. Schedule your exam for the morning time after a good night’s rest. 2. Avoid drinking coffee or anything with caffeine the day of your exam. 3. Avoid strenuous exercise 12-24 hours before your exam. This will allow your body to fully recover and get your vitals back to normal. 4. When it comes to alcohol, we all know that moderation is best. Just make sure you moderate at least a day before your exam so your liver enzymes don’t go off the chart. 5. Drink lots of water. Not only is it good for you and helps flush your body, but your exam will most likely include a urine test so you will need to be able ‘to go’ when asked. 6. The insurance company is going to want to review your medical records as part of the application. Prepare a list of your health history and doctors including name, address and phone numbers. The more information you can provide, the quicker your application will be processed. 7. Nicotine is stimulant so if you do smoke, hold off until the exam is completed to light up that first drag of the day. 8. Make sure your exam is confirmed. Your agent and examiner should do this as well, but nothing is more frustrating than confusion as to the date and time of the exam. If you live in a gated community, apartment complex or any other area with special access instructions or hard to find roads, notify your agent and/or examiner when making the appointment.

Life Insurance exam

Fasting

You may also be wondering whether or not you should fast before your exam? I have heard varying opinions, but if it were me, I would fast the night before. If you do feel the need to eat, just make sure it is light and easily digestible.

These tips along, with a healthy lifestyle, will ensure you getting a better outcome with your next life insurance exam. If it has been a while since you reviewed your life insurance or are considering it for the first time, please give me shout.

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.