Life insurance – It’s the last thing you want to think about but it’s the first thing your family will wish you thought of when faced with an unexpected situation. Life insurance can help provide for the people who depend on you financially by replacing lost income, covering debts or final expenses, funding your child’s education, and much more. The good news is getting life insurance does not need to be a hassle with a new, no-medical quote option from Principal Life. Here’s what you need to know.
The Principal Life insurance offer
Principal Life, a top-rated carrier in the life insurance market, recently announced a simplified issue approach to acquiring up to $1,000,000 in term life insurance. Based on a much abbreviated application and a phone interview, Principal Life will determine if you qualify as a “preferred” or “preferred best” rate class. If you do, they will approve you without any medical exam or doctor’s reports.
That’s right, no needles and no need to give a specimen!
What happens if you don’t qualify for Simplified Issue?
If Principal Life determines that you will not qualify for Simplified Issue, they will still be able to underwrite your life insurance policy, but will request a full medical exam.
Reasons to consider this no-medical quote life insurance option
Change is inevitable in life. The choices you make today can provide a brighter future for you and your family when the unexpected happens. And oftentimes, life’s milestones and events can change your financial plans and dreams. Consider a comprehensive review of your health and life insurance portfolio to determine if this no-medical quote Principal Life insurance offering makes sense for you and your family. Here are a few reasons why this new approach to term life insurance may be a great fit:
- You’re in the market for some new term life insurance and in excellent health
- You need to replace a current policy or even lengthen an existing term life insurance policy
- You need to insure your spouse, a key person in your business or fund a buy/sell agreement
Interested in a quick Life Insurance quote? Click HERE and we’ll get you started. If you think you’re ready to purchase more life insurance but need a few more details, feel free to contact us. We’d be happy to discuss your needs and to run some illustrations for you.