When was the last time that you took a life insurance exam? Well, since COVID, things have changed. If you are applying for less than $3M of Life Insurance Coverage and are under the age of 60 and in good health, you probably will be issued your policy within minutes. But what if you have have borderline diabetes, high blood pressure, a family history of cancer, or worse, have had an illness within the last 6-24 months? All is not lost. In this video our head of underwriting, Dennis Bartos – from AgencyOne, discusses how to prepare for your exam, what conditions we should apply “informally” before submitting a full application, as well as how to prepare for your exam. Underwriting – an art form, not a blunt instrument and you can improve your chances for a good offer.
Some key insights from this episode:
"So that's our goal is to get this person the best rating possible the lowest premium possible And often it takes weeks months sometimes to get that done We work very closely with the client themselves through you and also the doctors that are involved in the care of this patient."
"One of the things that your high net worth clients can do is actually go to their physician offices on their next regular office visit and look at their chart And if they've had these special tests like a treadmill done or a pulmonary function test done or a chest x-ray done write down or ask the doctor how did they justify this test Or look at the reason why the test was done because it may be absolutely incorrect And it may come back to bite you especially when you're dealing with a long-term care rider."
Learn More About Dennis Bartos:
https://www.agencyone.net/cmt-management-team/dennis-bartos-pa/
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