October 1

What is Simplified Issue Life Insurance?

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If you’re like most people, you probably have a lot of questions about life insurance. What is it? Do I need it? How much will it cost me? And, most importantly, what exactly does it do?
In this post, we’ll take a quick and easy look at simplified issue life insurance, one of the most popular types of life insurance policies on the market today. Simplified issue life insurance is a type of policy that requires no medical exam. You can be approved for coverage in as little as 24 hours, and in some cases, you can even get coverage without going through a medical exam at all.
Simplified issue life insurance is perfect for those who want the peace of mind that comes with knowing their loved ones will be taken care of financially in the event of their death, but who don’t want to go through the hassle (and expense) of getting a medical exam. Read on to learn more about this type of policy and how it works.

How Does Simplified Issue Life Insurance Work?

As we mentioned above, simplified issue life insurance is a type of policy that does not require a medical exam. In most cases, you’ll just need to answer a few questions about your health and lifestyle. Based on your answers, the insurance company will decide whether or not you’re eligible for coverage and what your premium will be.
In some cases, you may be asked to provide additional information, such as your medical records or prescriptions. However, this is usually only required if you have certain health conditions that the insurance company wants to know more about.

What Are the Benefits of Simplified Issue Life Insurance?

There are several benefits that come with simplified issue life insurance. First and foremost, it’s quick and easy to get coverage. Unlike traditional life insurance policies, which can take weeks or even months to go into effect, simplified issue policies can often be approved within 24 hours.
Another benefit of simplified issue life insurance is that it’s generally less expensive than other types of policies. This is because there’s no medical exam required, so the insurance company doesn’t have to pay for that expense. In addition, since there’s no medical exam required, people with certain health conditions can still get coverage (although they may have to pay a higher premium).

In Summary

Simplified issue life insurance is a great option for those who want the peace of mind that comes with knowing their loved ones will be taken care of financially in the event of their death, but who don’t want to go through the hassle (and expense) of getting a medical exam. If you’re looking for an affordable and easy-to-get life insurance policy, simplified issue life insurance may be right for you.


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