Here are 8 of the most common insurance questions being asked during the Coronavirus outbreak.
We suggest being honest forthright when applying for life insurance and during the underwriting process.
Meanwhile, the process is already changing, albeit slowly. Life insurance companies don't like risk, and now, the risk is all around them. COVID-19 is a previously-unknown disease, so underwriters can't refer to historical statistical data to assess the risks of those who have it.
In practice, this means that there are a few changes to the life insurance application process:
Don’t risk your life.
Sproutt’s teams across the country are ready to answer your questions and review your applications. Don’t hesitate to contact us now.
Tips, tools, and articles for these times.
Both beneficiaries and policyholders should consider the set of circumstances that introduce inheritance tax on death benefits. The insured takes great care selecting the ideal policy for their loved ones. For years, they faithfully pay their premium
Final expense whole life insurance, often referred to as Guaranteed Whole Life or “GWL” for short, is a policy that is guaranteed to be issued. As long as the insured is within the correct age bracket and other basic criteria the insurance company wi
Whole life insurance is one of the most popular types of permanent life insurance, a category of insurance that covers you for your entire life. (Term life insurance, on the other hand, is only valid for a specific period of time.) Since whole life i