Read the Vistaplan Financial Group blog: Universal Life Insurance, Term Insurance, Disability Insurance, Critical Illness Insurance, Super Visa Insurance.
Posted: 1 Dec '15
A lot of people have misconceptions about how to qualify for life insurance. The coverage you’re eligible for can depend on several factors, including your age, the age of any dependents you have, your spouse’s income, and your financial resources. Understanding how to apply for and qualify for insurance in Edmonton can help ensure you get the maximum coverage at a price that fits within your budget.
While a few insurance providers will accept a health questionnaire only, the typical application process consists of a written application and a medical exam. On the written application form, you’ll be asked to provide the following personal information:
Next, your life insurance agent will arrange for an exam to be performed by a contracted healthcare professional (a paramedical). The paramedical will:
Worried that your age means you won't qualify for insurance in Edmonton? While you can’t change your age or medical history - two major factors deciding the type of coverage you’re eligible for - you can make lifestyle changes to ensure the best possible coverage at a price you can afford. Here are a few things you can do to lower your insurance premium:
David is a well-respected insurance advisor with over 30 years of experience helping healthcare professionals, business owners, and their families secure their financial futures. He takes the time to make certain his clients understand the life, disability, and health insurance products they are purchasing, so they can make the right choices for their budgets, plans, and futures. CONNECT WITH ME ON LINKEDIN