About Assurity Life Insurance Company
Life insurance is essential — don’t risk leaving your family with debts, funeral costs, and zero financial help. Choosing a life insurance company is one of the biggest decisions you can make. Therefore, we always recommend researching and comparing several quotes.
The following article is going to review the coverage that the Assurity Life Insurance Company offers. However, don’t fall in love with the first life insurance company you learn about. There are plenty of excellent options out there, like Banner Life Insurance.
What Kind of Plans does the Assurity Life Insurance Company Offer?
The Assurity NonMed 350 Term Life Policy is one of Assurity’s most popular life insurance plans. The price ranges between $50,000-$350,000. You can receive coverage for up to 30 years. However, you’ll have to meet a few requirements.
Although you won’t need to take a medical exam, you will have to disclose certain information that may prevent you from getting insured, including your driving history. If you have a DUI or are consistently involved in automobile accidents, your chances of acceptance are pretty low.
Furthermore, they will want to know about your family history. If you’re from a family with a lot of health issues, receiving coverage will be more difficult, or at least more expensive. However, not having to take a medical exam is a huge plus for some people. This means that anyone with serious health issues can still get covered.
About Assurity No Exam Term
Also, no medical exam life insurance begins coverage much faster than traditional life insurance. It can be as little as just a couple of days after applying when your policy will be inforce. Therefore, it’s a good option for those looking to get life insurance ASAP.
No medical exam insurance policies do have cons, though. The biggest being that they are far more expensive since the company must assume you are a relatively high risk. Monthly premiums will be much higher than a standard life insurance policy.
What Kind of Questions do they Ask?
Although Assurity’s insurance products are a no medical exam term life policy, preparation is vital for their questionnaire. Get ready to answer the following questions:
- Have you been prescribed any medication for heart disease, type 1 or type 2 diabetes, cancer, Alzheimer’s disease, sleep apnea, anxiety or depression, dizziness, arthritis, varicose veins, or EEN&T disorders? (You will need to list all that apply)
- Within the last 5 years, have you….
- Been a patient for a clinic, halfway house, or any kind of medical establishment?
- Used any drugs, such as heroin, amphetamines, hallucinogens, or any other prescription medication?
- Been asked to take medical tests, get surgery, or seek treatment, but have not done so?
- Needed any X-rays or blood/urine tests?
- Have you ever tested positive for HIV?
- Diagnosed with any immune disorders?
- Have any of your siblings or parents been diagnosed or passed away from cancer, diabetes, or heart attack before age 60?
More About Assurity Life
These are just a few examples, but the point is you will need to be prepared to answer several personal health questions. Assurity has more plans than just their non-medical term 350, such as simplified whole life benefit and simplified whole life graded benefit.
If you need a quote, feel free to contact us here at PinnacleQuote. We’ll know exactly which insurance companies will be a good fit for you, taking into account your financial situation, level of health, and what you would like to have covered.
Hiring one of our agents is an excellent investment. You’ll be able to get a much lower rate thanks to our extensive knowledge of the life insurance industry, and our uncanny ability to match you up with the right life insurance company. You’ll also save all of the time and hassle that it would take you to track down the right policy.
If you have any questions, please feel free to contact us at PinnacleQuote (855)380-3300.