April 18, 2013 by stirling

Wow! Have you noticed how many advertisements there are on television lately for life insurance, whether death and total and permanent disability or income protection. There are plenty of companies telling you how easy and cheap it is to obtain insurance and give your family the peace of mind they deserve. They make you feel safe in the knowledge that if anything goes wrong you are covered.

These companies usually do the underwriting at the time of the claim instead of when applying. Underwriting determines whether the insurance company will accept you as a suitable risk.

Personally, I would rather know this at the start than only to find out that you do not pass the underwriting requirements and the claim is refused just when you need it most.

If you want peace of mind for your future, give us a call to discuss your insurance needs on 4261 5506.