Nevada Life Insurance Quotes

The process to issue a Nevada life insurance policy may differ from one company to another, however they will be similar in their steps.  When your application is received at the insurance company, they will ensure that it has been completely and correctly filled out and they may call you if they have any questions.  Your application well then be passed to the department of underwriting.  The underwriter will review your application and evaluate your level of risk to apply a rating that will determine the amount of premiums you will pay. While the underwriter is reviewing your application a medical exam will be ordered, what is required will depend upon your age, medical condition and amount of insurance you’re applying for.  The medical exam may consist of a blood pressure check, blood and urine sample and questions regarding your medical history.  If needed, an underwriter may request a further exam or for information from your doctor (APS).  The costs of these tests associated with obtaining life insurance are covered by the Nevada life insurance company.  The underwriters will also consider tobacco/alcohol use, your credit history, your driving record and any high-risk activities will deciding what rating to give you.    Each Nevada insurance company has their individual names for the rating classes but there will generally be three levels.  The preferred rating is for those in excellent health, a person in average health may get a standard rating and those with medical conditions or concerns may be considered at Table ratings.  Once the underwriting process is completed, which can take up to three months to complete, your policy is issued and mailed to you.  When you receive your policy, you should review and ask any questions you may have before signing any documents accepting the policy.  If you’ve made the decision that you understand your policy and would like to accept it, you will need to sign the forms and return them to the insurance company along with a premium payment.  Once these documents are received your Nevada life insurance policy will be in force.