Aug 30
Temporary term life insurance coverage
Most companies will provide some temporary conditional term life insruance coverage during the application process if certain conditions are met and the first premium is paid.
How can you get this temporary coverage?
Submit money with your term life application.
Why should I get temporaray coverage?
Many people don’t realize that coverage does not begin until the first premium has been paid. It’s unfortunate, but we have seen many untimely deaths happen when people were in the midst of the application process.
Can I get a refund if I don’t take the policy?
Yes, a full refund during the application process is always your choice.
What are the risks in temporary coverage?
Since there is absolutely no risk to you by doing this when the insurance company allows, making that first payment with your application will get your loved ones protected sooner.
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