Easy to Sign Up Life Insurance?

Registering a life insurance clients , not as easy as people say .

Insurance companies buy risk your life . If you’ve paid a premium 2 times , and died ? In your opinion , who are the losers ? So it is only fair , if the life insurance company held SELECTION for clients who sign up .

There are two main procedures
1 . ADMINISTRATIVE PROCEDURE
2 . UNDERWRITING PROCEDURES ( SELECTION INTERNAL )

ADMINISTRATIVE PROCEDURE
If you want to sign life insurance , then that should dilengkapin as follows :
1 . Copy of ID card / Passport / BIRTH CERTIFICATE
2 . Contents Insurance Request Form
3 . Letter from the Hospital Medical Records ( if ever sick in 5 years )
4 . pay Premiums
5 . Include proof of payment along with the submission form SPAJ .

You fill in a form SPAJ above , many questions about the disease that once you suffer , or have you in the hospital , etc. . Be honest in answering ! If you do not answer honestly , when you’re Claims and Insurance companies determine your dishonesty , then the claim is rejected .

Judging from the administrative procedure , is quite complex yes , fill out the form , and pay a premium .

You pay the new premium in – SELECTION by Underwriting Division .

UNDERWRITING PROCEDURES
First thing to note , you are in good health ? If you feel fit and healthy is not about any one, certainly readily accepted immediately by the life insurance company .

Secondly , How much sum assured that you want to have? The larger the sum assured chosen , meaning the more stringent SELECTION conducted by Life Insurance companies .

You want to join a life insurance with sum insured of 50 million ? certainly quickly accepted , without any medical test , and without complicated – complicated question of insurance companies .

The next , you AGES factors also be the starting point in the selection of Medical Tests .

3 Key Factors in Selection :
1 . age
2 . Sum Insured
3 . Health Status

Remember , the larger the sum assured , cause you should MEDICAL TEST . And many added Components in accordance with the Health Check Terms table . ( Each company may differ in determining the table . )

Example : Mr. Smith is 45 years old , No Smoking , Sum of 100 million . At the table said he had URINE test and Interview with Doctor .

Exp-2 : Mr. Yosi , aged 26 years , Sum Assured Smoking 1 billion . At the table said , he had Urine Test , Interview with Doctor , Blood Type Test 1 and Test Record heart ( ECG ) .

Though younger than Yosi and Smith ? Premiums paid by Yosi  fewer than Smith , but why does he have in – test more?

The answer : Because he was interested in taking a pure life insurance with a sum insured of 1 billion . If SPAJ is accepted by the insurance company , and he died suddenly , after only 2 years of paying premiums , you can bet for sure PAID to death Benefit Heirs .

Once beyond the analysis and test by the Underwriting division . Application that we submitted to the insurance company , will be APPROVED or REJECTED .

APPROVED could happen two conditions , namely :
1 . APPROVED and apply POLICY
2 . APPROVED , to pay EXTRA PREMIUMS , and apply POLICY.


Posted in Insurance | Tagged administrative procedure, Business, Financial Services, Insurance, Insurance policy, Life insurance, Medical test, Underwriting Division, UNDERWRITING PROCEDURES, Whole life insurance