Assurity-life-insurance company reviewHaving life insurance is needed in case of a serious accident.

You cannot depend on what you have made so far in your life to cover the costs of a funeral and everything afterwards, which means you need something extra.

There are plenty of life insurance companies offering coverage available to consumers, regardless of their needs or current situation, so it is possible to find something that fits where you are in life.

One company offering coverage is Assurity.

They know some people will not be able to afford a funeral or other expenses after a death, which is why they have several options available. Of course, no person is going to blindly trust in any company, making an Assurity life insurance company review necessary.

You need to know what it is they offer and have to provide you when it comes to each plan before making such a large decision. Check out some other great companies and what they have to offer, such as Banner Life Insurance company as well. Informed choices allow you to rest easier and insure that what you decided on was the best of what is out there.

Assurity NonMed 350 Term Life Policy

The first plan is non medical term 350, which does have several benefits to it. Those interested in this should know the amount above all, of course. This plan ranges from $50,000 – $350,000 and can go up to a 30-year plan. (The 30 year term product is only available till age 50). Being accepted does come with requirements, though.

There are no medical tests, something that may come as a relief to many, but your family and driving histories do matter. Those who are shaky drivers probably will have little chance of being accepted. You must have no DUI’s and your MVR must not contain any recent and major accidents. As far as family history, it has to be at least somewhat clean. Any more than one death due to something serious and you are not eligible. People who are overall healthy in family history and are good drivers might see a lot of potential with the non medical term 350, though.

There are several advantages and disadvantages to no medical exam policies that you should be aware of when you’re looking to get life insurance coverage. The biggest advantage is that anyone can buy one of these plans, regardless of health or any pre-existing conditions that you have. With a traditional plan, there is a chance that you could be declined for life insurance coverage, but with a no medical exam, anyone can get coverage.

Another advantage to these plans is that you can get life insurance protection much quicker than you would be able to get otherwise. With a traditional insurance policy, you’ll have to wait several weeks, or even a month, to get accepted for a life insurance plan. With a no medical exam, you can get life insurance in days. If you want life insurance as quickly as possible, these are going to be your best bet.

One of the most notable disadvantage to these plans is that they are going to be more expensive than a plan that requires a medical exam. The purpose of the exam is to give the insurance company what your overall health is, and without that picture, they are taking a much greater risk. They are going to offset that risk by charging you higher monthly premiums.

The other advantage, as we mentioned earlier is the limit on how much life insurance you can purchase. With Assurity Life Insurance, you’ll be able to purchase up to $350,000, but for most applicants, this isn’t going to be enough life insurance. If you need more coverage than that, you’ll have to buy two plans, or apply for a traditional policy.

Sample Questionnaire

Even though Assurity simplified issued product is a no physical term life policy, they still do ask background questions. Here’s a look at some of the questions you’ll have to answer:

1. To the best of your knowledge, during the past 10 years, has any Proposed Insured consulted with or been diagnosed, treated, hospitalized or prescribed medication by a medical professional for any of the following:

  • a. Heart disorder, including a heart attack (myocardial infarction), angina, irregular heartbeat or abnormal heart rhythm
    (arrhythmia), chest pain, hypertension (high blood pressure), heart murmur, any blockage or narrowing of the arteries, any aneurysm, stroke or transient ischemic attack (TIA or mini-stroke), or rheumatic fever?
  • b. Diabetes, high blood sugar or sugar in the urine, anemia, blood or platelet disorders, elevated cholesterol, liver disease, hemophilia, kidney disease (other than kidney stones), protein or blood in the urine, Crohn’s disease, ulcerative colitis, disease or disorderof the stomach, gall bladder, bladder or prostate, other intestinal or digestive tract disease, or pancreatitis?
  • c. Internal cancer or tumor, cyst, melanoma, lymphoma, leukemia, disorder of lymph nodes or any glandular disorder?
  • d. Alzheimer’s disease, dementia, memory loss, seizures, mental retardation (including Down’s syndrome), multiple sclerosis (MS), muscular dystrophy (MD), Parkinson’s disease, amyotrophic lateral sclerosis (ALS), any brain or nervous system disorder, cerebral palsy or any form of muscular atrophy?
  • e. Sleep apnea, cystic fibrosis, emphysema or chronic obstructive pulmonary disease (COPD), shortness of breath, asthma or other respiratory disorder, rheumatoid arthritis, paralysis or connective tissue disorder (lupus or scleroderma)?
  • f. Dizziness, fainting spells, anxiety, depression, eating disorders or any other psychological or emotional disorder?
  • g. Arthritis, rheumatism or any disease or disorder of the back, spine, bones, joints or muscles?
  • h. Varicose veins, varicose ulcer or phlebitis, syphilis or a hernia?
  • i. Any disease or disorder of the eyes, ears, nose or throat?
  • j. Any other illness or injury requiring medical attention or blood transfusions?

2. During the past 5 years, has any Proposed Insured:

  • a.  Been a patient in any hospital, clinic, dependency program, halfway house or other medical facility?
  • b. Used controlled substances such as cocaine, heroin, amphetamines, barbiturates, hallucinogens or any other controlled substance not prescribed by a physician?
  • c. Been treated by a physician, or advised by a physician to seek treatment, for drug or alcohol use?
  • d. Been advised to have any test (except HIV tests), treatment, surgery, hospitalization or consultation with a medical professional which has not been completed, or for which results have not been received?
  • e. Had any special examinations or laboratory tests such as X-rays, electrocardiograms, blood tests (other than AIDS-related blood tests) or urine tests?

3.  Has any Proposed Insured ever tested positive for HIV antibodies as part of a test for obtaining insurance?

4.  Has any Proposed Insured been diagnosed as having, been treated or recommended for treatment by a medical professional for acquired immune deficiency syndrome (AIDS), AIDS-related complex (ARC) or any other disorder of the immune system (excluding HIV status)?

5. Has any Proposed Insured had a natural parent or sibling who was diagnosed with or died of cancer, heart disease or diabetes prior to the age of 60? If YES, please identify family member, relationship to Proposed Insured, disorder and age at death.

6.

  • a. Has any Proposed Insured ever had any disorder of any genital or reproductive organ, or had a miscarriage, stillbirth or Caesarean section?
  • b. Is any Proposed Insured currently pregnant?  If YES, date child is expected (MM/DD/YYYY)

Assurity Insurance Company

When doing an Assurity life insurance company review, it is important to cover more than just one plan. Besides the non-medical term 350, there are also plans like simplified whole life benefit and simplified whole life graded benefit. They each help in different ways and fit into different lives, depending on the need of the single person.

The first, simplified whole life benefit, has everything you need from a life insurance plan. You do need to be healthy, not answering any questions with a yes, but it does provide a person with a large amount of coverage. It goes from 25,000 – 50,000, depending on the age of the person, and can last an entire lifetime. You know you are covered, regardless of what happens, and you can rest easier.

Of course, some people might not be happy with simplified whole life benefit and prefer simplified whole life graded benefit. It does everything that the previous does but is less strict on approval. While you do not have to have perfect health, dying from anything non-accidental within the first three years does not provide you with everything you bought otherwise known as a graded benefit.

Doing a review of different life insurance companies will provide you with the information to make an informed decision. Whether you want Non-Medical or simplified whole life graded benefit, it is vital to know which works for you.

We know that finding the best insurance company can be a long and difficult process. There are several different kinds of policies that you’ll need to choose from and thousands of different companies on the market. It can be an overwhelming process, but we are here to help. Our independent insurance agents can connect you with the best plan to meet your needs.

You never know what’s going to happen tomorrow, which means that you shouldn’t wait any longer to get the life insurance protection that your family deserves. Contact one of our agents today and we would be happy to answer any questions that you have and ensure that you’re getting the best plan available.

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Lincoln Financial Group ReviewWith so much available to you and so much at risk, you need an insurance company that knows the tax advantages, flexibilities, and best way to leverage your assets so that your family stays secure and your policy remains safe.

Lincoln Financial is just the company for you, bringing knowledge and experience to every client for years, and providing years of dependable policies for all needs as well.

Lincoln Financial offers four different policies for customers, each customizable to the customer’s needs. We recommend before you make your final decision to obtain quotes from several different companies out there, such as Americo Life Insurance Company, Banner Life Insurance or Fidelity Life Association.

Products Offered Through Lincoln Financial Group

Lincoln offers some financial products for both consumers and businesses. These include annuities, long-term care insurance, employee benefits, workplace retirement plans, and life insurance policies.

The company provides several types of life insurance protection for its policyholders to choose from. Average life insurance rates all vary upon the company, the age at which you are applying and your current health situation. Do not allow your health to hinder you from seeking the coverage you desire, there are companies that offer no medical exam life insurance that may be best for your needs. Make sure to quote out several companies before making your final decision. The plans that Lincoln Financial group offer include:

Term Life Insurance

Term life insurance provides Lincoln Financial Insurance company’s customers with the most economical death benefit coverage for a set period. These term life policies offer a fixed premium amount in return for a certain amount of protection. Lincoln’s term life insurance policies include the following:

Lincoln LifeElements Level Term2014

The Lincoln LifeElements Level Term 2014 product is a policy with a guaranteed level premium for the policy holder’s choice of 10, 15, 20, or 30 years. This means that the policyholder pays the same low rate each and every year, and the amount of his or her premium will not change during the selected period. Also, the policy cannot be cancelled by the insurance company as long as the premium continues to be paid.

On this plan, the minimum amount of coverage is $250,000 with issue ages of between 18 and between 50 to 80, depending on the situation.

Lincoln LifeElements Level Term 2013

The Lincoln LifeElements Level Term 2013 Term insurance policy also offers solid term life insurance protection. Prior to the ending of the level term period, however, or to the attainment of age 70 – whichever is earlier – the insured is allowed to convert the policy over to a permanent life insurance policy that Lincoln makes available. The insured is not required to go through the underwriting process to prove his or her insurability.

Universal Life Insurance

Lincoln also offers some universal life insurance products. These include both regular and indexed UL, such as:

  • Lincoln LifeGuarantee UL (2013) (Not available in New York)
  • Lincoln LifeGuarantee UL (2012) (Not available in New York)
  • Lincoln LifeCurrent UL
  • Lincoln LifeReserve UL
  • Lincoln LifeGuarantee SUL (2013) (Not available in New York)
  • Lincoln LifeGuarantee SUL (2012) (Not available in New York)
  • Lincoln Treasury Indexed UL (Not available in New York)
  • Lincoln WealthAdvantage Indexed UL Accumulator (2014)
  • Lincoln LifeReserve Indexed UL Protector (Not available in New York)
  • Lincoln WealthPreserve Survivorship Indexed UL

Variable Universal Life Insurance

There are also some variable universal life insurance products available through Lincoln Financial Group. These products combine the protection of term life coverage with an accumulation value. The single life plans that are offered by Lincoln include the following:

  • Lincoln AssetEdge VUL (2015)
  • Lincoln AssetEdge Exec VUL (2015)
  • Lincoln AssetEdge VUL (2009)
  • Lincoln AssetEdge VUL (2009)
  • Lincoln VUL One 2014 (Not available in New York)

There are also VUL survivorship life plans that are available via Lincoln Life. These include the following:

  • Lincoln PreservationEdge SVUL
  • Lincoln SVUL ONE 2013 (Not available in New York)

As many of Lincoln’s products are not available in New York, the company has a portfolio of life insurance products that are specifically available in that state. These include the following:

  • Lincoln AssetEdge VUL (2015)
  • Lincoln AssetEdge VUL (2009)
  • Lincoln AssetEdge Exec VUL (2015)
  • Lincoln AssetEdge Exec VUL (2009)
  • Lincoln PreservationEdge SVUL

Lincoln Financial Insurance Company History

Lincoln was founded in 1905, and the company has a strong history. The firm is headquartered in Philadelphia and is a Fortune 500 company. It places a strong focus on its core business areas, which include life insurance and annuities, as well as retirement planning services.

Lincoln Financial is considered to be a strong and stable insurer by the insurance rating agencies. The company has been given the rating of A+ (Superior) by A.M. Best, a rating of AA- (Very Strong) by Standard & Poor’s, a rating of A1 (Good) by Moody’s, and a rating of A+ (Strong) by Fitch. This means that the agencies feel that Lincoln Financial has the ability to meet contract-holder obligations on a timely basis.

The company has also been an accredited business with the Better Business Bureau (BBB) since December 1, 1939. It has been given a rating of A+ (on a scale of A+ to F). The firm has closed 87 complaints with the BBB in the past three years.

How to Obtain Premium Quotes for Life Insurance Policies

The purchase of life insurance is an important decision in an individual’s life – and without it, most financial portfolios are considered incomplete. This is because life insurance can be instrumental in ensuring that loved ones do not have to face financial hardship should a family breadwinner pass away unexpectedly.

Life insurance proceeds can also help to protect a lifetime of savings that have been built up from having to be spent on items such as estate taxes, credit card debt, and uninsured medical bills that a decedent may leave behind.

In order to obtain premium quotes for Lincoln Financial Insurance policies – or for any life policies – the best way to do so is to work with a company or an agency that has access to more than just one insurer. That way, you can more directly compare multiple policies, benefits, and premium quotes and then determine which will work best for you.

If you’re ready to begin the comparison process, we can help. We work with many of the top life insurance carriers, and we can help you to obtain all of the information that you need. To begin the process, all you need to do is fill out the form on this page.

Should you have additional questions, we can be reached directly via phone, toll-free, by calling 888-836-7071. We can walk you through the quoting process, and answer any questions that you may have. So, contact us today – we’re here to help.

Getting The Lowest Insurance Premiums

Regardless of which company that you choose, Lincoln Financial or any other company, there are several ways that you can secure better premium rates from the company and keep more money in your pocket. Before the company approves your application, they are going to require that you take a medical exam, and the results from the exam are going to play a huge roll in how much you pay for the plan.

If you want to get better rates from the insurance company, there are some simple lifestyle changes that you can make. The first things that you should do is start getting exercise and stick to a healthy diet. Both of these can help you lose weight, lower your cholesterol, lower your blood pressure, and drastically reduce your chances of having sever health complications.

The next thing that you should do is eliminate any tobacco that you currently use. If you’re listed as a smoker on your insurance application, you can expect to pay much higher premiums. In fact, smokers are going to pay twice as much for life insurance versus what a non-smoker is going to pay for the same amount of coverage. If you want to get the most affordable life insurance plan, you’ll need to kick the bad habit once and for all, it could save you thousands on your life insurance protection.

Working With An Independent Insurance Agent

Life insurance is one of the best safety nets that you can ever buy for your loved ones. It’s one of the only ways that you can ensure that they have the money that they need, regardless of what happens to you. When you’re looking to find the best plan for you, the best way to find that plan is to work with an independent insurance agent.

Unlike a traditional agent, independent agents don’t only work with one single company. Instead, we represent dozens of highly rated companies across the nation. There are thousands of different companies on the market that you’ll need to compare, Lincoln Financial is only one of those companies. Every insurance company is going to give you different rates depending on their medical underwriting and their rating system. If you want to get the best rates, you’ll need to get dozens of quotes before you choose the plan that’s going to work best for you. Instead of wasting hours and hours on the phone, let us do the work for you.

Because you never know what’s going to happen tomorrow, you shouldn’t wait any longer to get the life insurance protection that your family deserves. Not having life insurance is one of the worst mistakes that you could make for your family. Contact one of our agents and we can get the process started.

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