What Are The Guidelines When Applying For Life Insurance? 
Here are a few guidelines for applying for life insurance . If applying for Term or Permanent insurance that is medically underwritten , you can fill out a long application with all your information , or you can often do a phone interview directly with the life insurance company to complete the application . You will then be scheduled for an exam in your home or other place of your choice . When you are approved and the policy is received , you have a month to look over the policy before deciding whether to keep it . If applying for a No Exam policy , you may do the entire application on the phone with your agent , sign it digitally , and have a policy within days . You usually need to have a checking account so they can draft the first premium . With all life insurance policies , you will need to provide contact information and Social Security Number . For most , you will provide health details and permission for the life insurance company to order your medical records if needed . Your information is protected and kept private . 