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Sarah Martin asked:

1. How does a life insurance company decide how much a particular policy costs?

The price of a life insurance policy is a life insurance company’s calculation of the amount of cash necessary to gather from each member of the life insurance pool. The price is always dependent on the mortality tables and the calculation of the size of the risk the life insurance company is taking on by being the insurer of your life insurance policy.

2. How does a life insurance company assess their risk in insuring an individual?

When somebody applies for a life insurance policy, the company will inquire about their health status and often require a medical exam. The life insurance company will use information gathered to determine if and how they want to insure the individual.

This determination of “if” and “how” is referred to as “underwriting.” There are not many limits on the type of information underwriters can take into consideration.

3. Do all life insurance companies require a medical examination?

Often companies will require a physical medical examination prior to agreeing to insure an individual. Generally, they have a company doctor that will conduct this examination. This doctor or medical technician may have their own office or may even come to the potential insured party’s home for their convenience. The insurance company should not charge the potential insured party for this exam.

4. What types of questions will the life insurance company ask when applying for a policy?

It is common for life insurance applications to ask the following questions:

Do you regularly use tobacco or tobacco products? Life insurance companies strongly believe that smoking or using tobacco products in any form can make an individual’s life shorter and will charge higher premiums for smokers.

Do you have AIDS, cancer, heart disease, or are you HIV+? Depending on the severity of any health conditions such as these, a life insurance company may sell you a policy at the normal rate or possibly charge you a more expensive price. If the health problem is extremely severe, most life insurance companies will directly reject your application.

Do you have a hazardous career? With more dangerous jobs, companies tend to charge a more expensive price for a life insurance policy. If your job requires an above average amount of risky, life threatening behavior, expect a higher cost for life insurance.

Does your immediate family have a history of fatal diseases or death at a young age not due to an accident? The life insurance company is not barred from questioning you about you and your family’s health history. Diseases that commonly run in the family that are fatal, such as heart disease, Sickle Cell Anemia, or cancer may cause a company to reject your application or charge you a higher rate.

5. What other questions can I expect to be asked?

A life insurance application may ask seemingly unrelated health questions to ***** high risk behavior.

Some of these questions may include the following:

In the past seven to ten years have you ever been arrested for driving under the influence? Diagnosed or medically treated for cancer, AIDS, HIV, chronic lung disorder, heart disease, diabetes, stroke, or liver problems? Recommended by a medical professional to cease or reduce drinking alcohol?

Are you currently or have you ever been disabled or forced to retire due to an illness or injury?

Answering “yes” to any one of these inquiries may result in getting a life insurance application denied, it is far better than answering dishonestly and then having a claim refused later down the line. This outcome could result in your beneficiaries getting nothing if you should die.

6. Can life insurance companies use genetic testing to determine whether or not they want to insure someone?

Life insurance companies often use genetic testing to learn as much as possible about their potential clients. By administering a blood test, companies can determine not only what diseases you may currently have, but ones you may get in the future as well. Some states do not permit this kind of testing for health insurance purposes, but generally for life insurance, genetic testing is permitted.

vincent yeong asked:

This world is full of unfortunate happenings, we can see it on newspaper, hear it from news. There are many people died of road accident, fire, robbery, illness and unexpected disaster. The nations of some countries bought life insurance to provide their family and loved ones with security. As a bread winner you don’t want to see your family to live miserably if you are injured and unable to work, and the medical bills will add more burdens to the family. An idiomatic saying, when poverty comes in from the door love flies out from the window.

How much money can you save?

No one wants unfortunate thing falls on him, but we can’t do anything to avoid it because we do not know when it will come. We can only save some money to prepare for the worst to come. But how much money and how fast can we save?

Sometimes the money we save for five years may not be able to pay for a single medical bill; it is true because many people experienced it.

Don’t take your life as a gamble

Sometimes you just cannot imagine the worth of your life, but if you are a bread winner you have many mouth to feed, if you stop working do your children stop eating? Do they stop schooling and go to work? Some people said I will buy a life insurance policy some time later, and after three years he is still not insured. Don’t take your life as a gamble; just remember if you are not insured your family and loved ones are also not insured.

Insurance pays for your medical bill when you are ill

Nowadays many people suffer from disease, especially heart attack and stroke, if a person contracted such disease he will have to rest and can’t go to work. Imagine if he has to pay for the medical bills without income, how long can his saving last? If a person has kidney problem he needs to pay a lot of money every month to go for treatment, let alone his own expenses. But life insurance companies can help you to overcome such crisis; they have health policy with hospital benefits.

The best gift ever for your family

Life insurance is a life-long present for your family and your loved ones. Imagine if some mishaps happened to you, you became crippled or you died, you still support your family financially. If you purchased a policy ten times of your annual income, that means you can support your family for another ten years, by that time your children have grown and they will thank you for this precious gift.

The online life insurance companies are very obliged to provide people with free life insurance quote with the convenience of online services, you can view tips on affordable life insurance, or if you are above 50 you can see over 50s life insurance, there are more information about life insurance, please visit us at http://www.affordable-life-insurance-tips.com today.

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xX[CORONA]Xx asked:


Find the value of c that makes the expression a perfect square trinomial Then write the expression as the square of a binomial
16) x^2-4x+c
17) x^2+11x+c
18) x^2-0.6x+c
19) Write y=x^2+18x-4 in vertex form and identify the vertex
Write a quadratic function whose graph has the given intercepts.
20) x-intercepts:1,8
point on graph:(2,-2)
21. Niagara falls in new york is 167ft high. How long does it take the water to fall from the top to the bottom of niagara falls?
22. An insurance company charges a 35-year-old nonsmoker an annual premium of $118 for a $100,000 term life insurance policy. The premiums for a 45 and 55 year old nonsmokers are $218 and $563 respectively. Write a quadratic model for the premium p as function of age a.

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