Frequently Asked Questions
Q. Will I have to take a medical exam?
A. We offer policies that require medical exams as well as “no-exam” type policies. If you select a policy that requires a medical exam, we will order for an examiner from a reputable exam company, such as Exam One, to call you to schedule your exam. Exams usually take approximately 20 minutes, and most of them require blood and urine samples.
Q. Where is the Medical Exam performed?
A. In most cases, the examiner will meet you at your home or office, whichever is most convenient for you.
Q. How Much Life Insurance Do I Need?
A. For income replacement purposes, at least 5 to 10 times current income is recommended. For a more detailed analysis of how much insurance is needed to replace your income, use our Life Insurance Calculator.
Q. Which type of Life Insurance should I purchase?
A. The two primary types of life insurance are term life insurance and whole life insurance. Term is frequently purchased to cover a temporary life insurance need and is the most affordable type of coverage. Whole life covers you for your entire life and builds cash value.
For more information on term and whole life insurance, see Types of Life Insurance.
Q. How long does it take to get approved?
A. Some of our no-exam policies may be issued in just a few days. However, if you apply for a policy that requires a medical exam and medical records must be ordered, you can expect the application process to take approximately 3 – 6 weeks.
Q. Does it cost me anything to apply?
A. No. The medical exam and medical records, if needed, are paid for by the insurance company. Even if you end up not taking the policy or getting declined, there’s no cost to you.
Q. I take medications and/or have medical conditions. Will I qualify for life insurance?
A. Many medical conditions are not difficult to insure, such as high blood pressure or high cholesterol, even if you take medication. Some medical issues may be more challenging, but very possible to insure, such as history of heart attack, coronary artery disease, diabetes, obesity, marijuana use, history of cancer. We specialize in “Impaired risk” life insurance, so call us with the specifics of your case at 877-996-9383.
Q. How do I apply for life insurance coverage?
A. Start with getting a quote on the right. Find the quote that fits your need best and click on “Request Application”. Or call us to apply over the phone at 877-996-9383.
Q. Do you offer life insurance for females?
A. Yes, of course! The purpose of this site is to discuss some of the health issues associated with men’s health, but Huntley Wealth Insurance serves women and has hundreds of female life insurance clients.