What Can I Expect When Filling Out My Life Insurance Policy
What Can I Expect When Filling Out My Life Insurance PolicyApplications can be stressful, however, being prepared is helpful. Here are some tips to help with a stress-free application process.
Make sure you have all your information ready!
Having your information ready can help relieve stress. That’s why you should have your social security number, driver’s license, beneficiary’s social security number, and ID information.
Have a list of your assets and debt
Having a list of your debt and assets is an important part of the application process. Your agent can help determine your net worth.
Have a third party contact
Have third party contact information with your applications in case something were to happen to your policy and they are unable to reach you.
Be prepared to reallocate
Make sure you are prepared to reallocate your life insurance policy to different beneficiary’s in case something were to happen to one or more of your beneficiaries.
Have all your Health Insurance Information
Having all your health insurance together can help speed up the process of underwriting for your life policy. Make sure to have policy numbers and any other information.
Have your Primary Care Physician information ready
Have all your Primary care Physician info ready, including phone number, address, and doctors name.
Comply with Underwriting
Underwriting can be a stressful and difficult process. From setting the appointment to completing the requirements. Make sure you are ready to comply with everything the insurance company requires.
Applications for Life Insurance are time-consuming. However, coming into the situation prepared can make things just that much better and that much easier. Let your agent know if you have questions or reach out to us at Empower. We are happy to help! 888-539 1633.