- Process
It is easy as A, B, C. Click on the word “quote” and fill out the form. This form comes directly to our office. It is totally secure in that only our agents and those involved in your quote process, are allowed to see the information that you have emailed.
One of our agents will contact you with the phone numbers that you have provided us with. This call will only take a few minutes, the agent will ask you a few questions, mostly health related. After the agent has secured the information they need from you, the agent will then shop for you to find the best price with the best insurance company.
After the agent has secured the price and insurance company for you, they will call you back with a quote. If that quote meets your budget and your need, the agent will then need to get you qualified. Getting qualified is very important; the agent then will begin the process of sending to the insurance company a “request for insurance” on your behalf.
Simple Issue or No Physical: You can be covered in just 24 hours from the time the “request for insurance” if you qualify for this term product. Simple Issue can mean- no physical exam. The Underwriters still do a very intense back ground check. If their information lines us with the information on the “request for insurance” form, if all goes well, the client is issued their policy.
We now have a non-medical, $500,000 jet issue product that is a 40 year term for new home owners. It is jet issue, which means it can be issued in 24 hours.
Fully Underwritten or Physical Required: This is a NO COST routine insurance exam. Your agent will set up the time of the physical, send in the “request for insurance” on your behalf and will stay in contact with you through the process. The underwriting of this term product could take between two weeks and one month. Once the underwriting process is finished, your agent will contact you personally.
Your first step is to fill out the form for a quote and send it in to our office.
We look forward to serving you.
Q. How does the process work in purchasing Life insurance through Easylifeterm?
A. Depending on which product you choose Simple Issue (non medical) or a Fully Underwritten product (medical exam required), fill out the form and “click” send.
Q. Will I need to pay for a physical if I choose a medical exam?
A. NO, the insurance company’s pays for the mini exam. It takes about 15- 20 minutes to complete the mini exam.
Q. How soon will I know when I am covered?
A. With the Fully Underwritten (medical exam) product, takes an average of two weeks to thirty days. With the Simple Issue (no exam), you can be covered in hours.
Q. Do I need to meet with an insurance professional?
A. No, all transactions will take place on the phone. You will receive your insurance agents phone number, when the agent contacts you.
Q. Can I receive cash value with my term life policy?
A. There is no cash value when you purchase a term life product, but there is a rider called “Return of Premium.” If you choose to purchase this rider with your life policy, you will receive every dime back at the end of the term period providing you are still living.
Q. When can I expect to receive my life insurance policy?
A. With the medical exam product, as soon as the insurance company mails the policy to our head office, it will be in the mail to you. Once your policy is issued; it only takes a few days. With the non-medical product, the insurance company will mail it to you directly as soon as it is issued.
Q. Can I cancel my insurance policy?
A. Yes, it is a binding contract between you and the insurance company. You can cancel the policy at any time. In many states, once you purchase an insurance product, you are given a “FREE LOOK PERIOD.” This “Free Look Period,” can span between 10 days and 30 days, depending in which state you live in.
Q. Can I buy more insurance later on?
A. Yes, but remember that your premium is based on many variables such as, you age, health, how much insurance you are applying for etc. . . .
Q. Can I determine who in my family will receive the benefits if I pass?
A. Yes, remember that it is always a very good idea to have a will.
Q. Should I purchase Life Insurance from an agent even though I have it through work?
A. Yes, when you lose your job, your position in the company that you are working for, you usually are not allowed to take your benefits with you. Let’s say that you have worked for ABC Company for ten years. Ten years ago, you where offered an insurance life policy for $25.00 a month, it gives your family $100,000 in case of your death. Now, you go and apply for that same policy but it is twice as much because, you are older, you might have developed diabetes. Yes, there are many people who now wish that they had gone ahead and purchased an outside life policy when they were healthier and younger.
²Subject to deductible and state availability. See policy for restrictions.
³Motorcycle insurance is not available in all states. Coverage features and discounts vary and maynot be available in all states.
Term Life & Disability Insurance Package
Now it's easier than ever to get the two insurances families need most. Learn about the Term Life & Disability Insurance PackageAdditional Property Insurance
Umbrella Insurance (PELP)
Boat Insurance
RV Insurance
Package your policies with GrandProtect:® one deductible & expanded coverage for your car, boat, home and more.