If you’re like most people, you’ve been thinking about life insurance for a while. Maybe it’s because your kids are older and don’t need coverage anymore, or maybe the idea of needing life insurance has never crossed your mind.
Either way, you’ve probably heard about simplified issue life insurance—and maybe you aren’t sure what it is or how it works. Well, here are some answers that may help:
It’s quick to get
Simplified Issue Life Insurance is a type of life insurance that’s more streamlined than its more traditional counterparts. Not only can you get a quote within minutes, but there’s no need to wait for an exam or approval from an insurance agent.
To purchase Simplified Issue Life Insurance, you simply fill out an online form and answer a few questions about your health, finances and lifestyle (e.g., smoker or drinker). You’ll then be presented with options based on your answers—and if you like what you see, the policy will be issued immediately!
It’s easy to apply for
A simplified issue life insurance policy is easy to apply for. As per the specialists at Ethos, “There’s no medical exam and no waiting period.” You can apply online or over the phone. Plus, there are no age restrictions!
It’s quick and easy to apply now and get coverage that can be in place as soon as tomorrow.
You don’t need a medical exam
If you’re like most people, the idea of a medical exam is enough to give you anxiety. You can’t help but picture having to go through multiple rounds of blood tests, x-rays and physical exams. But with Simplified Issue Life Insurance, it doesn’t have to be that way. In fact, there are no medicals at all—and that’s what makes this type of coverage so great!
You usually find out in a few days if you’re approved
Once you’ve chosen a life insurance policy and decided on the amount of coverage, you can usually get a quote and purchase the policy online. If you don’t have access to an internet connection, though, some companies will allow you to call them directly and purchase it over the phone. You may also be able to set up an appointment with your agent or broker in person at their office.
You can buy it online or by phone
You can buy simplified-issue life insurance through an online quote request or by calling a toll-free number.
- You’ll get answers fast. In many cases, you can get approved for simplified issue life insurance in as little as one business day.
- You don’t need to take a medical exam. Most people won’t have to undergo a physical exam or blood test before they can purchase simplified issue term life insurance.
- And there’s no waiting period for coverage to begin! As soon as you’re approved for your policy, it will start protecting your family’s future immediately—no strings attached!
You can get this type of life insurance online or over the phone. It’s a great way to buy coverage if you’re in a hurry and don’t want to deal with an agent. But it’s important to realize that this type of policy may not be the best choice for everyone.