Best term life company?

[DHK]

To do proper field underwriting, I would be asking about:
- Height & Weight
- Any current medications and why
- Any health issues over the past 10 years

I'd say that it should be nearly impossible for a 47 year old to NOT have had any medical issues on their record in some form. That doesn't mean they would be uninsurable. It just means that they've been to the doctor for various reasons over the years.

I'm 41. I've had Bell's Palsy when I was 29 (that's like a mini-stroke with minimal consequences) and I've had vertigo spells occasionally over the past few years - which led to an EKG, MRI brain scan, and a ultrasound on my neck about 6 months ago. Didn't find anything, but if a medical test was ordered and not completed, it would need to be completed before an underwriting decision could be made.

Use this Ben Feldman phrase: "The insurance company wants to be sure you look as good on the inside as you do on the outside. The medical exam (or underwriting questions) helps them determine your longevity. I'm sure you'd like to know."

 

[Jack46]

Here is the top 5 on the list... A good broker will have a comparative tool for you to use where you just run the rate and let the carriers pick themselves. Over time you develop your favorites... If you need a good broker hit me up and I'll get you in touch with my people.

TermAccel (eTicket)
Preferred Plus NonTobacco
Age Nearest: 47
$50.26/mth

OPTerm
Preferred Plus Non-Tobacco
Age Nearest: 47
$51.12/mth

Your Term
Preferred Plus Non-Tobacco
Age Nearest: 47
$51.98/mth

Promise Term
Preferred Best No Nicotine Use
Age Nearest: 47
$52.71/mth

AG Select A Term
Preferred Plus Non-Tobacco
Age Nearest: 47
$53.64/mth

Thank you for providing some names. Don’t sell much LI. I have been contracted with a few of those companies in the past. I’m in Texas and might need a broker. Could also be a waste of time. I didn’t go over the health questions with the guy.

 

[BADTROUT]

What is the best hammer?

So true... there isn't a one size fits all... and SO many factors. @Jack46 I recommend you make the choice. The best way to learn is to learn. Its funny I love some carriers others hate... and vice versa.

 

[BADTROUT]

These are preferred plus at least show him standard lol. Damn near nobody qualifies for preferred plus/best.

Not my circus, not my clowns... just trying to illustrate a system of comparison is all.

 

[WinoBlues]

Thanks for the help! I guess there is no best. What company would you use?

Good attitude.

Principle comes in about $46 for $200k

Note:some companies band break at $250k

Now,if he wants some coverage after 77 Protective custom UL looks good. ROP looks good Al's. Insurance with insurance.

I like Lincoln also

 

[Jack46]

Even with the snarky comments, I appreciate the feedback. This is what the forum is for. Thank you!

 

[WinoBlues]

Could also be a waste of time. I didn’t go over the health questions with the guy.

Or could be a paid education that could pay you very well for years.

Beware though they do not underwrite snarkyitous

 

[BADTROUT]

 

[WinoBlues]

Bully!

 

[Life Hawk]

Even with the snarky comments, I appreciate the feedback. This is what the forum is for. Thank you!

On the FE forum snarky comments are part of the response package... the good news is that you don't have to pay extra.