Clear answers for important decisions.
Start with the fundamentals, then contact us to discuss questions specific to your situation.
What is life insurance?
Life insurance is a contract with an insurer. In exchange for required premiums, the insurer pays a death benefit to named beneficiaries when the insured dies while qualifying coverage is in force, subject to the policy’s terms and exclusions.
How is term life different from permanent life insurance?
Term life generally provides coverage for a defined period. Permanent life insurance is designed to continue for life when required premiums are paid and policy requirements are met. Some permanent policies may accumulate cash value. Costs, guarantees, and features vary by policy.
Is a quote the same as approved coverage?
No. A quote is an estimate based on preliminary information. It is not an offer or contract of insurance. The carrier determines final eligibility, rating, premium, and issuance after reviewing an application and any required underwriting information.
Will I need a medical exam?
It depends on the carrier, product, coverage amount, age, and health history. Some applications may not require an exam, but may still require health questions or other underwriting information. No-exam availability does not guarantee issuance.
How much coverage should I consider?
People commonly consider income replacement, debts, a mortgage, education costs, final expenses, and long-term family goals. The appropriate amount is personal; a conversation can help you identify questions to consider.
Who can be a beneficiary?
A policy owner generally names one or more beneficiaries and may name contingent beneficiaries. Rules and tax or estate consequences can be complex, so consult qualified legal or tax professionals when needed.
When does coverage begin?
Coverage begins only as stated by the issuing insurer and policy documents after all applicable conditions are satisfied. A quote request, conversation, or application alone does not mean coverage is active.
Should I cancel an existing policy when applying for a new one?
Do not cancel existing coverage until replacement coverage has been issued, accepted, and confirmed in force. Replacing a policy can involve new contestability periods, surrender charges, changed benefits, and other consequences.
What does the policy checker verify?
The website checker only confirms whether an entry contains exactly nine digits. It does not access an insurer’s records and cannot confirm ownership, coverage status, benefits, claims, or authenticity. Contact the issuing insurer for official verification.