Life insurance underwriting: Frequently asked questions

Learn about the ins and outs of underwriting

Part of being an adult is recognizing that you have a sense of responsibility toward others — especially your loved ones. If you were to pass away unexpectantly, you’d still want them to be cared for in your absence. That’s why you’ve thought ahead and decided to get life insurance.

Now that your decision is made, there are a few more things to consider. Do you want term or permanent life insurance? How much do you want to pay for a policy? What do you want the death benefit to be? After talking with your insurance agent, you’ll be ready to make these decisions and to move forward.

However, before you can check the “I’m insured” box, there’s another step in the process. And that’s underwriting — a process that many people applying for insurance don’t understand. That is, until now.



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