http://www.affordablelifeusa.com/univ... Did you purchase interest sensitive universal life insurance policy in the 1980s or early 1990s? You may have received a letter from your insurer claiming that your universal life policy is not performing as originally illustrated. Policyholders getting these notices are usually required to contribute additional premiums to prevent their coverage from lapsing sooner then initially projected. All Universal life policyholders receive an annual statement showing how your policy is performing. You should pay attention to both the current interest rate and the minimum interest rate column of this policy statement. These statements can be confusing and may not have the proper information needed to make an informed decision. Universal Life Policy is not Performing? Many policyholders make a more educated evaluation by contacting a life insurance specialist to conduct a policy audit. A life insurance specialist is an agent familiar with many insurance policies and life insurance companies.They will conduct a two step process to find the best option available for you. First, the specialist will work with your existing life insurance company to evaluate “in-force” illustrations which calculate your current policies future under different scenarios. How long the policy will last if you keep paying the current premium? How much more you would have to pay to maintain the current benefit until your target age? How much a smaller death benefit would cost you? If your insurer is crediting your policy with more than the minimum guaranteed return, a guaranteed illustration so that you will have a worst-case scenario. To learn more visit our site to read the full article.
Views: 25 Eric Van Haaften
http://www.affordablelifeusa.com/life-insurance-with-adverse-family-history/ Many people in great overall health are often surprisingly charged more for life insurance because of a family member’s health history. If you are looking into purchasing a life insurance policy, do not forget to mention to your agent any immediate family member’s medical history. In general, the underwriting criteria life insurance companies consider most negatively are family members that have contracted or died from heart disease or cancer prior to the age of sixty. We have a proprietary computer program to analyze each life insurance company’s stance on family history. If you have adverse family history and do not want to overpay for your life insurance, please visit our blog to learn more.
Views: 14 Eric Van Haaften
http://www.affordablelifeusa.com/the-life-insurance-application-process/ After shopping around for life insurance, you have finally found the perfect insurance policy for your needs and budget. Now, you must go through the application process to get approved for this policy. The life insurance application process can vary in duration depending on the agent processing the application, and the details of applicants medical history. We have a streamlined the typical underwriting process which dramatically shortens this process for our clients. Tips to Get the Best Results on your Life Insurance Exam: Try to get a good night’s sleep before the exam Try to fast at least 12 hours before the exam – this will help your cholesterol and blood sugar levels Try to refrain from drinking caffeine or alcohol for at least 12 hours before the exam Have your driver’s license available Have your personal doctor’s name, address, and telephone number available Affordable Life USA expedites the underwriting process by ordering your doctor records internally, rather then waiting weeks for the insurance company. This dramatically speeds up the process for applicants looking to quickly secure coverage. Moreover, this concierge service will also allow your agent to shop your policy with multiple insurance companies.
Views: 46 Eric Van Haaften
Financial Ratings of Life Insurance Companies http://www.affordablelifeusa.com/financial-ratings-for-insurance-companies/ Financial ratings for life insurance companies ratings are very important to us when selecting a life insurance company four our clients. For an insurance company, there is nothing more important than it’s financial strength and ability to pay claims to policyholders. We monitor the financial strength and claims paying ability of life insurance companies by using a number of different rating agencies. You can evaluate A.M Best, Standard and Poor’s, Fitch, and Mood’s directly from each company or request a report from your agent. In order to take an aggregate of all rating agencies, and put them all on a level playing field, an easier option is to use is a Comdex Score. A Comdex Score is a composite score of all the evaluations a life insurance company has available, and puts each company into one single,1-100 point scale in relation to other companies that have been rated by the rating services. This score is excellent method to reduce the confusion over life insurance ratings. To obtain a free Comdex report for any life insurance company, please call us at 1-877-249-1358.
Views: 75 Eric Van Haaften
Non Smoker Life Insurance Rates for Pipe, Cigar, & Chewers http://www.affordablelifeusa.com/life-insurance-for-chewers-patch-cigar-and-pipe-smokers/ Life insurance rates for pipe, cigar, chewers, nicotine gum and e-cigarettes are finally getting much cheaper! Many life insurance companies will always consider you a cigarette smoker when you use any form of nicotine. Most smokers realize the rates for life insurance for cigarette smokers are much higher then rates for non smokers. Can you get a non-smoker rate when only using a other alternative forms of tobacco? If you only use an alternative form of tobacco, you are fortunate because a few life insurance companies will now allow you to obtain non smoker rate class. A few niche life insurance companies consider cigars, pipe smoking, chew, nicotine gum and e-cigarettes as a non smoking life insurance underwriting category. This is great news for those who are more conservative with their nicotine use. Remember, the most effective way to obtain the best offer for coverage is to work with agent who understands the alternative tobacco marketplace. To find which companies are currently offering non smoker rates for alternative tobacco use, please visit our blog.
Views: 61 Eric Van Haaften
Affordable Life USA is a nationally licensed and independently operated life insurance agency. The agency started selling life insurance 25 years ago, from their office located in Grand Rapids, Michigan. The agency was started by Eric Van Haaften, soon after he graduated with a degree from Ferris State University in Business Management and Statistics. Eric also participated in college athletics, playing both defensive tackle and tight end for the men’s varsity football team We pioneered the concept of selling affordable life insurance by phone, mail, and internet on a nationwide level. The company was founded on the principal of marketing to people with easily understand and educational life insurance concepts.
Views: 217 Eric Van Haaften
Does your Universal Life Insurance Policy Need more Money? http://www.affordablelifeusa.com/univ... Did you purchase interest sensitive universal life insurance policy in the 1980s or early 1990s? You may have received a letter from your insurer claiming that your universal life policy is not performing as originally illustrated. Policyholders getting these notices are usually required to contribute additional premiums to prevent their coverage from lapsing sooner then initially projected. Universal Life Policy is not Performing? All Universal life policyholders receive an annual statement showing how your policy is performing. You should pay attention to both the current interest rate and the minimum interest rate column of this policy statement. These statements can be confusing and may not have the proper information needed to make an informed decision. Universal Life Policy is not Performing? Many policyholders make a more educated evaluation by contacting a life insurance specialist to conduct a policy audit. A life insurance specialist is an agent familiar with many insurance policies and life insurance companies.They will conduct a two step process to find the best option available for you. To learn more visit our site to read the full article.
Views: 34 Eric Van Haaften
Life Insurance for Diabetics Tips http://www.affordablelifeusa.com/life-insurance-for-diabetics/ Getting decent prices on life insurance for diabetics requires research on our part, but the extra effort is well spent for our diabetic life insurance clients. The premiums you pay for life insurance with diabetes will ultimately depend on your control level and overall health. We simplify your search by using only niche carriers familiar with the risk factors presented in underwriting people with diabetes. Clinical underwriting considers your overall medical history and your control level when you are applying for life insurance with diabetes. Insurance companies not using this underwriting philosophy automatically issue a substandard rate to most applicants being treated for diabetes. Our goals is to find our clients the best standard rating thus, avoiding the typical 50% increase in cost associated with a substandard rate. Please visit us to learn more details.
Views: 29 Eric Van Haaften
Company Voluntary Life Insurance (Group Life) http://www.affordablelifeusa.com/company-life-insurance-group-life/ Many company sponsored plans also allow employees to purchase larger amounts of voluntary coverage at group rates. You will need to pay a premium for the additional coverage at the published group rate. Most additional coverage requires a brief questionnaire about your medical history and occasionally an exam. People considering voluntary coverage should also perform a long term cost comparison with individual coverage purchased in the open marketplace. If you are in good health, it is easy find a better deal shopping for an individual policy. Nonsmokers in excellent health can generally qualify for a preferred plus or preferred rate class with premiums substantially lower than those offered through the group. Not to mention, with an individual term life insurance policy you can lock in the rate your rates for 10, 15, 20 or even 30 years. With a group life policy, your premium will increase as you age (typically every 5 years). If coverage is desired for a longer term duration, the cost savings can be even more substantial with a level term policy or universal life hybrid. So, before you automatically elect for additional group coverage, please get comparable quotes for an individual life insurance policy. If you would like an cost analysis, do not hesitate to compare our rates with the “Instant Life Insurance Quote”, or call us at1-877-249-1358.
Views: 18 Eric Van Haaften
Views: 70 Eric Van Haaften
First and foremost, we always package our large case files to be evaluated by many insurance companies in the market via our “Concierge Shopping Service”. 12 step program for obtaining life insurance coverage: 1. Your information is initially evaluated and matched to companies offering the best insurance product(s) for the required death benefit. 2. It may also be necessary to look at several insurance carriers to place the total risk because an individual carrier’s retention limits, may still fall short of the total amount of coverage you need. 3. We will need you to complete an insurance examination which will be utilized with many insurance companies. 4. We will also order the required medical summary from your doctor (APS) to be used with all the viable life insurance companies. 5. Large polices are subject to financial underwriting, and we can determine whether the amount of life insurance can be justified based on your financial information. 6. Our in-house underwriters summarize, and analyze all medical and financial information and determine which companies to submit to for “tentative offers”. 7. Your medical and financial profile is presented as a “trial application” to multiple life insurance companies to determine which life insurance carrier would be willing to offer coverage at the most competitive rate class. 8. This concierge service allows us makes preliminary premium comparisons more accurate based on “tentative offers” although you will not know the ultimate premium until the carrier makes a formal offer of coverage. 9. Now, a formal application will be submitted to the carrier which offered the best initial rates to you during our shopping process. 10. An inspection report is used to verify the information provided on the formal application is correct. 11. Congrats! Your policy has been approved and mailed to us to verify accuracy 12. We fly or drive to your office to deliver a policy with the best pricing available in the marketplace. Our strategy outlines to our clients and there advisers the time horizon and the details required to purchase a large life insurance policy. Our history in the large case market validates that larger life insurance policies can be complex and require a defined strategy. We would be happy to assist you in your search to obtain a large life insurance policy of 1 million, 2 million, or more.
Views: 30 Eric Van Haaften