insurance quotes, health coverage, auto claims, life term, travel, hospital expenses  health coverage, auto claims, life term

Home Page
Auto Insurance
Life Insurance
Home Insurance
Health Insurance
Disability Insurance
Get Insured
Site Map
Contact Us

Insurance Quotes
Signup for Newsletter


GoECart Ecommerce Solution

GoECart is the world's leading provider of fully integrated, on-demand ecommerce solutions. It is the first web-based, all-in-one ecommerce suite that combines ecommerce storefront technology with enterprise-class order & inventory management, fulfillment & warehouse mgmt, CRM, and much more.


Our Favorite Site



Securing a Life Insurance Policy Process

I t is imperative for a person who wishes to purchase a life insurance policy to be aware of the process, which he or she needs to undergo. In general, life insurance companies follow specific stages before granting a policy. Here we make an attempt to explain these stages. However, the implementation of these processes is subjective as it may vary from company to company depending on the nature of each case on hand.

As an applicant, the first stage towards securing the life insurance policy should be initiated by you. Firstly, you have to calculate your economic situation and meticulously assess your future financial requirements. You also need to determine the manner in which you would like to meet your financial goals. You can calculate your financial requirement using online calculators specifically designed to help you in this regard.

Be careful in choosing a life insurance agent. Make sure that the agent is an experienced and licensed insurance professional. Based on the assessment and your requirement, a reliable agent or a website could help you decide how much life insurance you need. At the end of this stage you should be clear regarding the kind of life insurance policy you want (example term insurance policy, universal life insurance policy etc.), the amount you want to buy and which insurance company you wish to choose.

After you have finalized your decision you can proceed with the application process. The respective agent or an online life insurance service provider will assist you in completing the process and fulfilling the requirements of the insurance company. After you have filled out the application and furnished required information, the respective company will check your details to assure the insurance companies' procedures have been accurately followed.

The third stage will include a medical examination. A medical professional will contact you personally to set this up. The insurance company will look into many factors during medical examination. The company will collect details regarding your habits, medical history, occupation, any allergies or aliments etc. In brief, the purpose of this examination is to know your medical history and future health. Your financial and medical information is kept secret and adequate privacy is maintained.

In the fourth and final stage the insurance company makes the final decision. It is at the discretion of the insurance company to approve or disapprove coverage to all applicants. If your life insurance policy is approved, you will receive the appropriate documents from your insurance agent or from the online insurance shopping service with which you applied for insurance. You are the consumer and you have certain legal rights. Consumer laws in America allow you a time period called as “free-look” period. During this time period (free-look) you can change your decision by returning the policy and receive a refund from the insurance company.

Please remember that it is your hard earned money that you are investing while securing life insurance. Invest in a company that fulfills your careful scrutiny such as affordability, financial stability, competitive service etc. And remember, you have the right to ask questions and get them clarified at any point of time.




Copyright © 2007 All Rights Reserved.
Ecommerce Solution and Offshore Software Development Powered by MachroTech, a leading ECommerce Software Company