Apply Now Before Rates Increase!

Life and Disability insurance policy costs are trending upwards. Start your application process soon to lock in better rates.  

Since the Covid19 pandemic, there has been a marked shift by life insurance companies in underwriting new life and disability insurance  policies. 

While insurance companies have always used personal and family health histories, the “non-medical” requirements, such as paramedical exams, which involve an interview and quick health assessment, have been eased. 

Companies are now scrutinizing applicants’ medical records more closely, and their flexibility to issue coverage has been reduced. In addition, the premiums being charged have been increasing as the effects of the Covid epidemic are seen in lower life expectancy charts and increases in complicated medical prognoses.

If you have not seen a doctor or medical care provider recently, or if you don’t get a physical on a regular basis, insurance companies will inform you that they won’t issue coverage until this basic requirement has been completed. This includes a full medical exam. 

If you are in excellent health and are following the medical best practices as outlined above, apply soon for as much permanent life insurance as possible, and consider adding disability insurance as well. The younger and healthier you are, the better for your rates. 

You may also consider purchasing life and disability insurance for a loved one while they are young and healthy. This gift provides protection and financial security for them, especially if they develop health concerns later in life.

Whether for yourself or for someone else, purchase now to avoid price increases. In  the long run, you’ll be very glad you did!