Buying life insurance might be difficult at first but with guidance from MoneyMindz, India’s First On-call Financial Advisory Portal you can easily find and apply for a life insurance policy which fits your needs.
Here’s a breakdown of the life insurance application process:
1.Get a quote
Through online or over phone simply by telling a bit of yourself you can request a life insurance quote.
2.Speak with an agent
You’ll have to answer few questions about your medical history and other factors that may affect your life insurance quote.
3.Complete an application
After choosing a life insurance policy, you’ll have to complete a full application that will provide the required information to approve your coverage.
4.Take a medical exam
In order to determine your eligibility and finalize your policy rate the medical exam takes place. You can choose the time and place for this exam and a qualified nurse will come to you. It is very simple and shouldn’t take more than 30 minutes.
Basically underwriting is the process in which your application is reviewed and insurance risk is assessed. You need to be patient as the process may take few weeks.
Get a clear idea about the significance of life insurance with MoneyMindz, Financial Advisory Portal and be the first to purchase a life insurance policy which fits you the best.
To know more visit: https://www.moneymindz.com/