M.C.D. Financial Services
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Life Insurance
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High Earners
INSURANCES
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Do you you need a high amount No Exam Life insurance plan? - We can help!
Now you can get Up To $750,000 and possibly more of No Exam Life Insurance fast and easily to cover your business or investment loan! No exam, No Doctor, No Nurse & No Agent to see. You can choose to work by phone, fax, e-mail, web only... The choice is yours! The rates are great, the Processs is fast and simple and requires you to just answer a few qualifying questions. We have companies that can approve you in 1 day or less and others that will do it in less than 72 hours. These plans are perfect for SBA Loans and SBA Loans and business loans and other business related partner needs and more. Let us help you get the plan you need to cover your business loans and other needs! SEE OUR TESTIMONIALS
Answers to some common questions
- Why choose a no-exam life insurance plan for high earners?
- Is it more expensive to go with a no exam life insurance plan than a fully underwritten (exam may be required) life insurance plan?
- I am not sure if I want no exam term life or no exam universal/whole life insurance
- What are the pitfalls of no exam life insurance?
- Is no exam life insurance also covered under my state insurance fund?
- Where can I go to apply for a fully underwritten (exam may be required) life insurance?
- How complicated is the Processs of applying for my no exam life insurance?
- How long does it take to get approved for no exam life insurance?
- What are my options if I don't qualify for no-exam life insurance?
- TESTIMONIALS!
- I have a question about no exam life insurance - Ask Your Question
No exam life insurance for high earners is often selected for its simplicity in approval. It is a perfect insurance for earners. After all, all you will need to do is fill out a quick form (either online or paper.) If you qualify medically, you pretty much get an instant approval. As they say, time is money, so why wait weeks for an answer and spend countless time talking to the broker who is handling your application when you can be finished in a flash.
But no exam life insurance for high earners has many other benefits. Among other things, with no exam life insurance you do not take the risk of being turned down because something new was discovered on the exam (which our experience has shown can happen more often than not.) With no exam life insurance you do not have to be give blood samples, which means less risk of catching some other disease (although we have never had that issue - but who knows.)
So there you have it! If you want simplicity and speed, no exam life insurance is surely the way to go. Let us help you get the best possible rates the easy way. Request A Fast Free Quote
The Final Price is What Matters!
Yes, you may have guessed, premiums on no exam life insurance can quote higher. Or can they? Well if all you do is compare super, ultra preferred rates to a no exam life insurance, you are in for a disappointment on the quote. No exam life insurance will never quote the same as super duper preferred quotes. The question is, how many customers truly end up with this super, ultra preferred rates. Not many!
The bottom line is, if you have any belief that you would not be able to get those super low rates (because your great grandmother died before age 60...), a no exam life insurance is most likely your best bet. As a matter of fact, if you just want to e-mail us, we can even help you select the best route to follow!
Still want to try for super low rates? Think about this. And we are not trying to scare you, just educate you (As we have been doing with our many customers for years.) First keep in mind that time is money, Second re-read the second paragraph above. Third look at this partial step by step explanation of what it will take to get you approved for a fully underwritten (i.e.: exam required, blood and urine sample) super low rate insurance policy - no matter who you go with, there are no shortcuts!:
We are not telling you to completely forgo the option of a fully underwritten insurance plan. After all we offer those too. We just want you to be careful with your choice. If you Still want to see what those super low rates are? Click here . We will be happy to help you and even try to pre-qualify you before you make any errors and select the wrong road. Request Your No Exam Life Insurance Quote
No Exam Term Life Insurance or No Exam Whole/Universal Life Insurance - Which is best?
The answer is actually simple! It all depends upon how many years of insurance you need. In other words, if all you need is 15 years of insurance then a 15 year no exam term life insurance plan is what you should take. On the other hand, if you decide that you will need coverage for life (as in, final expense coverage, estate taxes, final debts, burial costs..) then, a no exam whole life or no exam universal life may be best. By the way, do you know the difference between universal life and whole life? Now a days almost none! The bottom line is what your needs are and how long you anticipate those needs to be for. Please ask questions!!! Request a no exam whole life/universal life quote OR request a no exam term life quote. See Our Many No Exam Whole Life Plans & Get Quotes
No Exam Life Insurance For High Earners. What Are The Concerns?
Well, actually, the biggest disadvantage of no-exam life insurance is really the quote. It obviously tends to be higher. Look at it this way, the insurance company is willing to take anyone's word for the approval. In other words if the applicant does not tell the truth on the application and it gets approved, the insurance company is essentially stuck with a potential claim.
What we are trying to say here is that if you are healthy and you are willing to wait two to six weeks for an approval, a fully underwritten plan may turn out to be a lot cheaper than a no-exam life insurance plan. But, can you wait that long and more...?
Another potential pitfall of no-exam life insurance is that some no-exam life insurance plans are not convertible or if anything no exam life insurance plans are only convertible to substandard permanent insurance. Convertible! Well, as you may have guessed, we are not talking about a car here. So, what does it mean when a term plan is not convertible? Simply this, if at some point in the future you decide that you want to change your plan to a longer permanent plan like whole life, universal life, indexed life... you are simply stuck. No change allowed!
You may say that you can always apply somewhere else later on and cancel your no exam life insurance. Well maybe yes and maybe no. As you may encounter a rather common big potential problem. As you get older, your health does not usually improve. If you are not healthy, you may not qualify for any type of life insurance or if you do, it may be way too expensive for your budget.
So, bottom line, read your policy and understand it before you decide that you do want a no exam life insurance plan. We are not saying you should not do a no exam life insurance, we are just saying make sure you ask and re-ask many questions before deciding. After all, that is why we are here for. Be well! Request A Fast Free Quote
Will The State Help In Case Your Insurance Company Goes Under?
We would love to just say yes to this one but it is not that simple. Actually, people who leave their money in the bank because they feel it is more secure with FDIC insurance obviously do not read all the fine prints. The problem is the same. Each state has its own laws and you must contact your state insurance department for the latest on the insurance fund.
As far as we last checked every state has an insurance fund. What is it? Well simply put, if an insurance company wants to do business in your state, they must contribute to a general fund (State Insurance Fund) so that if any of the insurance company goes belly up the fund will protect all or some of the assets placed with that particular insurance company. Again last we check, this fund ranged form $80,000 to $500,000. Once again CHECK WITH YOUR STATE!!!
Another point, even better than the state insurance fund, it has been noted that in the history of insurance no one has ever lost any money (maybe a bit of interest.) It appears that everytime an insurance company went down the tube, another, bigger one bought out their book of business. Actually, we have more confidence in that than even the state insurance fund.
By the way, we have tried many times to set up links to the different state insurance department, but those links are too often changed by the respective department so we had to stop doing that (too many people got frustrated, as we would by broken links.) We can suggest though, that you do a Google search under "State Insurance Department TX" (please don't do TX if you live in AL!) and that should take you to the right pages. You check it our and decide. Be well! Request A Fast Free Quote
The Processs Of Application For No-Exam Life Insurance for Earners
How simple can it get. You see, the Processs of applying for no-exam life insurance than applying for this life insurance is extremely simple, which means you can concentrate on your business. It includes very few steps and approval can happen so fast, you may never use another Processs again. After all, time is money! So here it is:
- You request your quote (click here)
- You ask questions (as many as you need to (We encourage that!)
- You like the answers and you like your great quote even more
- You apply online or by fax/mail and answer all medical questions (truthfully of course.)
- The insurance company checks your MIB & may call you for a phone interview
- And within 15 minutes to 72 hours (most cases) you get your final answer
- That is it! Not bad at all, No?
If you think that's too slow, then try a fully underwritten plan instead of this lightning fast no-exam life insurance plan. With a fully underwritten plan, at the very best it will take ten days to receive your approval. At worse, it can take more than three months (thanks to the efficiently of most Dr's' medical records' departments.)
How Fast Is The Approval Processs For No-Exam Life Insurance?
HOW ABOUT 15 Minutes to 72 HOURS
Not bad, no? That is the case for most people. Of course you have to do your part or the Processs can really drag on. Your part is simple. From the time we receive your online request, we will contact you by either e-mail or phone (make sure to give the best phone number or e-mail to reach you at.) Then we will ask you a few questions. Last, depending on the company you select, approval can happen right there over the phone or in a matter of hours by e-mail. Like it? Then what are you waiting for, request your quote! Its free, no obligation and a big time saver. Be well!
Ok, so here it is. You take the time to apply for your no-exam life insurance plan only to find out that you did not qualify because you answered yes to one of the medical questions, your weight is too high, you are over the acceptable age... Whatever! Now What?
Well your options are actually many. You can apply through the regular Processs of a fully underwritten insurance plan (which is usually the best next step), you can try to qualify for a guaranteed issue policy (although those are very limited), you can request that your case be reviewed again (you never know) or you can simply start saving a tone of money and hope you live long enough to accumulate a good stash of cash (that should be your last option. Unless, of course, you enjoy living dangerously and no-one depends on you.)
Your first goal in deciding what to do is to find out why you were declined in the first place. If you decide to apply for a fully underwritten plan, be sure to fully communicate all information to your broker or anyone else who is helping you apply.That will greatly improve your chances of selecting the right path and being approved by the new insurance company. Second, you can always use us as your unbiased source of information and we can try to guide you in the right direction. Of course we are always ready to help you. All you have to do is ask. Be well! Request A Fast Free Quote