For many people, the idea of getting an affordable term life insurance policy without the hassles of a medical exam is extremely attractive
Pensacola, Florida (PRWEB) October 06, 2011
MEG Financial, a nationwide leader in low cost term life insurance, announces the launching of a new website, lifeinsurancenomedical.com, that allows qualified customers the ability to purchase an affordable term insurance policy online without requiring a medical exam.
Lifeinsurancenomedical.com, utilizes an innovative electronic underwriting platform, developed exclusively by HSBC, to screen potential candidates and approve them for life insurance in a matter of minutes. HSBC's "smart technology" offers life insurance shoppers a convenient alternative to the traditional method of buying life insurance. For many people, the idea of getting an affordable term life insurance policy without the hassles of a medical exam is extremely attractive.
HSBC's innovative underwriting technology incorporates a series of detailed medical questions that are answered by the applicant directly online from the lifeinsurancenomedical.com website. Additionally, the company will complete a review of the applicant's medical information bureau (MIB) record and will cross reference a pharmaceutical database to verify specific medications. The result is a thorough health assessment and if all conditions are satisfactory a policy is usually approved within minutes.
Not only is the entire process easy and efficient, rates are extremely competitive. In fact, in some instances such as well controlled diabetics and even some smokers, the cost of buying a policy through the lifeinsurancenomedical.com website is more attractive given the fact that there is no medical exam requirement or lengthy underwriting process.
Headquartered in London, HSBC is one of the largest banking and financial services organizations in the world. HSBC's international network comprises around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.
Life policies sold through the lifeinsurancenomedical.com site are underwritten by Household Life Insurance Company and First Central National Life Insurance Company of New York and are indirect subsidiaries of HSBC North America Holdings Inc. The companies are rated as "A Excellent" (third highest rating of 16) by A. M. Best Company.
About MEG Financial
MEG Financial is a Florida based corporation that specializes in life and disability insurance for individuals and businesses. MEG Financial's agents are licensed in all 50 states and the District of Columbia and represent over 80 of the nation’s highest rated and most respected life and disability insurance companies. MEG Financial's primary areas of expertise include low cost term life insurance, insuring tough health issues, business insurance including key man life and disability insuranc e as well as estate planning.