Whenever and if ever possible, I prefer to write a simplified issue policy rather than a fully underwritten policy for a few reasons:
[LIST=1][*]Most importantly, it protects the client's insurability[*]The chances of the client being approved as applied for is about 90%, much higher than what it is for fully underwriten[*]No paramed or medical exam, blood & urine tests, or swabs[*]Policies are issued quickly, usually within a week, sometimes within 24-48 hours[*]Client is happy[*]I get paid quickly[*]I'm happy
Yes it's true, the premiums are usually a little higher but if
[LIST=1][*]Most importantly, it protects the client's insurability[*]The chances of the client being approved as applied for is about 90%, much higher than what it is for fully underwriten[*]No paramed or medical exam, blood & urine tests, or swabs[*]Policies are issued quickly, usually within a week, sometimes within 24-48 hours[*]Client is happy[*]I get paid quickly[*]I'm happy
Yes it's true, the premiums are usually a little higher but if
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