A safer way to buy life insurance online

Online life insurance offers great deals but catches record number of buyers offgaurd with price changes and medical rating classifications due to minor health issues. Using a two-step" application process and an experienced enrollment adviser can eliminate the risk.

The cost of life insurance has dropped sharply in recent years, and the use of the Internet makes it fast and easy to enroll in these plans with great deals. But the number of applicants who fail to be approved for standard and preferred risk life insurance has increased sharply. Even the tiniest health issue (like slightly elevated blood pressure or cholesterol) makes it difficult to get the best insurance rates. This is primarily due to the more sophisticated lab tests that are utilized by all of the most competitive life insurance companies. The insurance industry calls this process "medical underwriting" and it is mush more discerning nowadays.

A personal enrollment adviser will help you avoid most of the online enrollment pitfalls, but an adviser has no insight into your current personal medical and lab test results.

To make it even worse, these applicants learn that once you receive a decline from one life insurance company, it can be very tough to qualify for attractively priced coverage with another insurance company.

In most cases the applicant was completely unaware of any medical factor that might indicate that they were in less than perfect health. Some of these unfavorable underwriting decisions result in follow-up medical care, but others are considered trivial findings by your personal physician.

A simple solution is to take out a "non-medical policy" just prior to making an online application for medically underwritten insurance. Anyone is eligible UNLESS you have been previously offered a less than preferred risk insurance plan. These policies cost more than preferred risk plans and the coverage limit is usually less than $200,000. But the added cost is less than $100 per month for most people, so it can be a valuable way to protect your insurability if you are not completely sure f your insurance rating status. The policy application process is simple and takes only a few minutes to complete so this can be an easy way to insure your insurability before tying for the best available plans. Then, as soon as your lower priced coverage is issued, you can switch plans back to the lowest price plan..