Confused with all the acronyms used in Life Insurance Underwriting?

Go check this post out and learn what some of the top acronyms used in the life insurance underwriting process. Life Insurance can be confusing and the underwriting can be very tense and stressful especially if you have health issues.

clipped from lifeinsurance-pros.com Acronyms used in Life Insurance Underwriting part I clipped from lifeinsurance-pros.com If you have ever applied for life insurance or for that matter health insurance you might have run across some words and acronyms that made no sense to you at all. I decided to put this article together to try and list some of the most common acronyms used in life insurance underwriting. List of top Acronyms used in Life Insurance Underwriting: ADL’s: Activities of Daily Living Activities of daily living (ADLs) are “the things we normally do in daily living including any daily activity we perform for self-care (such as feeding ourselves, bathing, dressing, grooming), work, homemaking, and leisure. APS: Attending Physicians Statement ASD: Atrial Septal Defect BP: Blood Pressure Blood pressure (BP) is the force exerted by circulating blood on the walls of blood vessels, and constitutes one of the principal vital signs.

Reduce The Cost Of Getting Life Insurance

When it comes to life insurance many people want to provide their loved ones with the peace of mind that they will have financial stability once they are gone, but they do not want to pay over the odds for their life cover, as this leaves them with less money with which to actually enjoy life whilst they are around. With life insurance cover your loved ones are given a lump sum by the insurance firm if you die during your policy term, and this provides them with financial security at a difficult time.

When it comes to life insurance you can choose from a number of different options and coverage levels, and the cost of this cover can vary depending on a variety of factors. This includes your health, your age, the level of cover you take, the type of life insurance you take out, and the provider that you choose. Of course, you don't want to pay over the odds for this valuable protection, so there are a number of things to bear in mind that could help to reduce the cost of getting life insurance cover put into place.

Smokers are not only at risk of health problems as a result of their habit, but they also spend a fortune on cigarettes and risk paying substantially higher life insurance premiums because of the increased risk of getting a terminal illness from smoking. If you want to save money on your cover, improve your health, and stop throwing money away, then give up for at least twelve months in a row, as this could bring your risk levels and your life insurance premiums down.

Likewise insurance companies also view those with serious weight problems as a higher risk, again because of the associated health problems. It may therefore help you if you are able to increase your exercise and eat a balanced and healthy diet, as this could help you to lose weight, which in turn could help to reduce your life insurance premiums because you will then be classed as a lower risk.

A key aspect of getting affordable life insurance cover is to shop around, so you need to compare different policies from a range of providers in order to find the best deal. You can do this with ease and convenience online, and you may find it helpful to use one of the various price comparison sites in operation, as these enable you to see a range of policies from different providers at a glance.

Remember, there are different options available when it comes to life insurance cover, and you should choose the one that fits in with what you can afford to pay. You can enjoy cheaper premiums with term life insurance compared to whole life cover, and the level of cover that you take will also determine how much you pay.

Looking For Best Family Healthcare Plans?

These days it can be hard to find Family Healthcare Plans, especially if you happen to be dealing with a health condition such as diabetes, heart disease, cancer, or other severe illness. In fact, in many states, you may not even be able to find any health insurance, which leaves you at extreme risk of losing your hard earned savings, your home, and other important assets.

However, there is a way to get health insurance that is both affordable and guaranteed. Affiliated Worker's Association insurance is available to everyone, regardless of current health condition and offers coverage for hospital costs, doctor's visits, prescriptions and much more.

If you currently have a pre-existing health condition, you already know how difficult it can be to find a private health plan that actually will accept you and will not charge so much that you cannot afford it.

Considering that the number of people dealing with diabetes, cancer, stroke, and other conditions is rising, this leave a huge segment of the population without any type of individual medical insurance.

If you are fortunate, you may be able to get Family Health Insurance through an employer or other association, but for millions, this is not an option. Unfortunately, going without a hospital plan is not an option because medical bills can easily reach into the thousands of dollars and cause you extreme financial distress. And, if you already have a health condition, you are at high risk of needing expensive health care, which can wipe out your savings and assets.

If you are currently looking for a health plan that can limit your losses for medical expenses and provide you with important health services, you have come to the right place. This no deductible, guaranteed issue health plan is available to everyone regardless of age or health status and can provide you with the benefits you need to get necessary routine and emergency health care in a physican's office, hospital or other healthcare facility.

Medical insurance is available in four different tiers, which provide you with a scaled level of benefits. You can choose the appropriate tier for your family depending on your specific needs and you can also choose a family plan for your spouse and children at a reduced cost.

Included in coverage are your important needs such as wellness visits, X-rays, lab work, E.R. benefits, hospital benefits, and surgery benefits. There is also accidental death benefits included as part of the cost of the coverage as an added feature.

Unlike many health benefit plans, these plans also includes prescription drug coverage as part of the plan, allowing you to get your prescriptions for ten to forty dollars, depending on brand.

In addition to providing no turn down insurance to people of all ages, this health insurance also provides an innovative and time and money saving service known as Teledoc. With this service, you can get a telephone consultation with a licensed physician who can recommend treatment, provide prescriptions, and more at any time of the day or night.

Whether you are retired but not yet receiving insurance, a cash-strapped student, or a person of any age with a health condition that makes it hard to get medical coverage, you can enjoy the many benefits of knowing that you have your own individual medical plan to help with your medical expenses.

This is also a great option as a supplemental plan for anyone with a very high deductible insurance plan that makes it hard to afford first dollar care.

Don't let high medical costs get you down - check out this guaranteed issue coverage today. There has never been a better time to sign up for the Best Family Healthcare Coverage.

Short Term Disability Insurance Can Help

We would all like to know exactly what was going to happen to us in the future, good or bad although it is hard planning for the good it is much easier, although less pleasurable to make arrangements for the bad but long or short term disability insurance can help. With the stress and frustration caused by a temporary or permanent disability, disability insurance can help you not only weather the financial difficulties you may encounter during your incapacitation but also to take some of the emotional strain away the financial difficulties it is certain to create. In fact there is a higher probability of a person requiring some form of long or short term disability insurance before they retire than the likelihood of dying. However more people buy life insurance long before considering the advantages of disability coverage. If you are aged 40 for example, there is a higher chance that you will be disabled, and thus unable to work for a period of 90 days or more, than of you dying before the age of 65.

Of course, when someone is seeking disability insurance cover, it is imperative to find the best disability insurance rates and plans available. Unlike life cover, disability insurance rates are based on the potential income lost as well as, age, occupation and general health. Many people find that they can reduce their monthly disability insurance premiums buy delaying when the first payment would be made to them if they were to make a claim on their disability insurance plan. Another option to lower the monthly premiums is put a limit on how long the payments are to be made before they stop although if you your period of incapacitation lasts longer than this, it will mean that you will have to find an alternative source of income.

Insurance company policies will differ but the majority will only pay a percentage of your lost income so it is a good idea to choose the best one for you and in this instance, the cheapest disability insurance may not necessarily be the best. Reduced period disability insurance is also known as short term disability and although it may only last a few months, the benefits can be greater to the claimant. However, if someone takes out total disability insurance which would provide a reduced financial income for a longer period, they will probably have to show proof that they could no longer perform tasks they could before the incapacitation. Whatever the situation though, a person making a claim owing to incapacitation will be sent a disability benefit check every month until the end of the plan or they return to work.

Other key points to consider when looking into disability insurance are if there are restrictions on pre-existing medical conditions, whether your occupation will increase the cost of premiums, how long the payments are made and whether you will have to pay tax on the benefit. Remember that every disability insurance policy is different and they will not all provide exactly the same benefits, including how much they will pay as a percentage of your income. To give you an example: some disability insurance plans pay out as much as seventy percent of your monthly income in benefit whereas others can pay as low as forty percent so you need to do your research to avoid being paid less than you can afford to survive on. More than any other factor, it is this one that you need to be sure of as once you have taken out the plan and found it necessary to make a claim, it will be too late for you to change it.

To get more info on insurance go to Homeowners Fire Insurance as well as Holiday Home Contents Insurance

This is so cool I had to post it!

What and incredible act of altruism! This Insurance company and it's employees raised and donated almost $300k to the United Way. Way to go Harleysville Insurance kudo's from us.

clipped from www.thereporteronline.com Record donation for insurance company Harleysville Insurance and its employees contributed $291,654 toward the North Penn United Way's 2008 community campaign, nearly 14 percent more than the amount raised in 2007. The announcement was made by the co-chairs of Harleysville's home office United Way employee campaign, Steve Crone, assistant vice president of operation services for the Mid-Atlantic region, and Sarah Hamill, vice president of marketing and operations for Harleysville Life Insurance Co.

Smoker Term Life Insurance Plans

Finding and buying affordable smokers life insurance plans is not as difficult as it once was if you know how to look for them and who to speak to. Yes it's true if you smoke your annual premiums could end up being almost double of what you non smoker counterparts end up paying. But just because you smoke doesn't mean you have to break the bank when you go to buy a new life insurance policy.

Most company underwriting guidelines want to see that you have not used any form of tobacco for one year in order for you to get Non Tobacco premiums. With one year of no smoking or tobacco you could possibly qualify for their standard or standard plus rate classes. If you have quit for two years up to three years then you may qualify for Preferred Rates. If you have quit for over five years you just might get the best rates possible. That is if you qualify per the carriers guidelines on all there other health categories.

If you stop using tobacco these could be your possible rate categories issued from the carrier:

For Preferred Best you would need to quit smoking for at least five years:
Preferred rate class possible if you stop using tobacco for three plus years:
Standard or Standard plus non tobacco rate's possible if you quit for two or more years:
One year no tobacco maybe a Standard Rate Class:

Click here to get a free Smoker Life Insurance Quote.


These rate classes are guides for you to review over with your agent or broker for help in determining how to quote you for accurate premiums youll pay. Now if you still smoke well then you will simply have to qualify as a Smoker.

This is just a quick little guide to try and help you obtain the absolute best and most affordable smoker term life insurance quotes. Make sure you work with a really good life insurance agent or broker to help you in your search for the best plan for you and your family.

Idaho Insurance Agents - How do you find the best one

Trying to find an insurance agent in your local area or state isn't that hard but find a really good one could be. If you live in Idaho and are looking for a good broker or agent this information may help you.

clipped from www.zimbio.com Find Idaho Insurance Agent's Are you trying to find a good reputable Insurance Agent in Idaho? Idaho residents are hungry for at least a couple of good resources to help them find the best Idaho Agent for their insurance needs and reviews. Independent Insurance Agents & Brokers of Idaho Click here to get a free Idaho life insurance quote.

Need to get to sleep! It's only two days back to work and I have been working day and night. Welcome 2009 eh!!

Term Life Insurance Quote Comparion and how to review

When you begin shopping for term life insurance, one of the first things you should do is get term quote comparison's from a couple of different brokers/agents. This is important due to the fact all carriers treat people differently in their underwriting process. Also it's just plain smart to shop around.

clipped from comparisontermlifeinsurance.blogspot.com Best Term Life Insurance Quote Comparison Getting a good quality term life insurance quote comparison is not as bothersome as you think. We don't like to push one company typically but we have found one of the better online agencies is a company called www.insureme.com. Click here to get a free life insurance quote from insureme.com Term life insurance premiums are at an all time low point, this would be the best time to try and get this precious coverage in force. Please visit another great resource for term life insurance information and resources.