What To Look For When Purchasing Life Insurance? 
When you are purchasing life insurance , the most important thing to look for is a reliable quote . What is reliable ? It is a rate about which your broker is confident you will be approved . Sounds pretty basic , doesnt it ? And after all , that should be your expectation when you buy anything , shouldnt it ? When you buy a house , a refrigerator , a car , a business , or even a pack of bubblegum , the amount you pay should be the amount that was advertised . The thing is with life insurance , you must be underwritten in order to come up with a real number . And underwriting can be very thorough and comprehensive . It involves current health , medical history , lifestyle , and many other factors . But if you must be underwritten before you know what the price will really be , how reliable can your quote be ? Good question . This means that your broker must pre-underwrite you . Before you submit an application , he or she must obtain all the necessary quote information . If need be , your medical file and other records must be reviewed . This data must be discussed with underwriters who typically are interested in the risk you represent . This all happens , of course , with your authorization . Once this research is completed , you should be provided with quote that represent commitments from underwriters . Not ironclad commitments , mind you you still have to go through formal underwriting . But they should be rates about which all are confident that , barring contradictory information arising in underwriting , you will be approved . Then you will know that it will be worthwhile submitting a formal application . 