Navigation Links
Life Insurance No Exam Required - How are Rates Determined? Online Insurance Marketplace Explains
Date:11/28/2013

(PRWEB) November 28, 2013

Online Insurance Marketplaces has released a blog explaining how life insurance no exam rates are determined.

Life insurance no exam required has become an important policy for a wide number of people who rely on it for coverage and financial protection. Since it is also a new type of life insurance, many clients are confused over an important aspect: how are rates determined? Online Insurance Marketplace aims to explain this.

Life insurance rates are determined during the underwriting process. Underwriting implies calculating the price of a policy based on several factors concerning the applicant’s lifestyle, health and age. The number of factors can vary from policy to policy. For a traditional plan, the applicant has to take medical examinations, so that the company can have a clear picture of the applicant’s health. Other plans, life life insurance no exam, use a medical questionnaire to review the applicant’s health.

Agencies who sell life insurance no exam required are taking high risks, or so it may appear. Online Insurance Marketplace, however considers that providers do not risk too much selling this type of plan. If an agency has to pay life insurance proceeding, it loses a lot of money, an expense which will have to be covered by premiums.

Diminishing the risk of having to pay life insurance proceedings is an agency’s main concern. No exam life insurance plans are more expensive and they offer limited coverage. Some plan are temporary, which again reduce the risk of having to pay a benefit and those that are permanent offer small benefits, not exceeding $50,000.

“Understanding how life insurance rates are determined will help people be more confident when choosing a policy and it will also help them find cheaper insurance!” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://noexamlifeinsurers.com.

Read the full story at http://www.prweb.com/releases/lifeinsurancenoexam/lifeinsurancequotes/prweb11376385.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Disparities in treatment of children in the emergency department based on their insurance status
2. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Missouri Drivers
3. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Maryland Drivers
4. How MyTownInsurance.com Helps Insurance Carriers Manage their Loss Exposure through On-Line Marketing
5. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To South Carolina Drivers
6. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Louisiana Drivers
7. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Kentucky Drivers
8. MyTownInsurance.com Reveals How Project CAP and Insurance Agoragate will Take Away Market Share from the Captive Insurance Carriers and give it back to the Independents
9. IntelliQuote Works to Educate Consumers about the Importance of Life Insurance Protection and to Make Coverage More Readily Available
10. Games improve employee health and well-being, may reduce health insurance premiums for employers
11. InsuranceCalculator.net Now Provides Competitive Car Insurance Quotes To Arkansas Drivers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that ... chosen by their peers for this recognition are considered among the top 2 percent ... special honors as members of this year’s Legal Elite Hall of Fame: Miami ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, ... and the Road To Recovery® program to drive cancer patients to and from their ... to ensure the highest quality of life and ongoing independence. Getting to and ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their pencils ... an essay contest in which patients and their families pay tribute to a genetic ... 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
(Date:6/24/2016)... York, NY (PRWEB) , ... June 24, 2016 ... ... publication Haute Living, is proud to recognize Dr. Barry M. Weintraub as a ... that “the most beautiful women in the world, and the most handsome men, ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
(Date:6/23/2016)... , June 23, 2016 , ... on Thursday, July 7, 2016 , , , , LOCATION: ... , , , , EXPERT PANELISTS:  , , , ... Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and ... The global pharmaceutical industry is witnessing an exceptional era. ...
(Date:6/23/2016)...  Guerbet announced today that it has been named ... . One of 12 suppliers to receive ... support of Premier members through exceptional local customer service ... to lower costs. ... outstanding customer service from Premier," says Massimo Carrara ...
Breaking Medicine Technology: