Florida Life Insurance Quotes

Once you have decided to purchase a Florida life insurance policy you will need go through a process called underwriting.  It is the underwriter at the Florida life insurance company that decides whether to insure you and what premium should be charged for your policy.  Their decisions are based upon an analysis of your health history, including those of your parents and siblings.  They will take a look at your build (height vs weight), your cholesterol level, blood pressure as well a your tobacco or alochol use. They will also look at your driving record history, travel plans, risky activites (ex: scuba diving, mountain climbing, pilot, etc.) and other information that has bearing on your risk to insure.  They will take all this information and decide which catergory of risk you fall into.
There are different rate classes and every Florida life insurance company uses different names to identify them.  An example  is Preferred Select, Preferred, Preferred Plus and Standard.  There are also rated policies which means there is an extra charge in the premium due to health reasons or higher risk activities.  There are separate categories for smokers who will pay higher premiums.  Each Florida life insurance company uses actuarial tables to determine what category you fit into and the rules pretty much are cut and dry, most underwriters stick to their company’s underwriting rules.
The underwriting process can take anywhere from three weeks to three months, it will depend on whether they need to ask for more information from you or your doctor or if they need to consult with a doctor.  Once you’ve been assessed, you will be advised what category you are in and its premium.  If there are positive changes in your health and lifestyle over time, you can go back to the insurance company and ask them to reconsider your rates (such as going from a smoker to non-smoker).
If you are looking for some information on Florida life insurance you can call the helpline at 1-877-693-5236 or www.MyFloridaCFO.com as well as www.floir.com