How Do I Buy Life Insurance? 
To buy life insurance , you must first pick out what type of policy and face amount will work best for you . Applying for life insurance requires an agent , so you will want to call a trustworthy website or local agent to help you in that decision . A good agent will also ask you a battery of health questions to find the company that will give you the best price . Once your application has been completed and your agent has submitted it to the life insurance company , you are in the underwriting stage . If you took a No Exam policy , this stage could only take a couple of days or weeks . If you chose a medically underwritten policy , the underwriting process could take several weeks or months . The latter will require a paramed exam to be done in your home or other location of your choice , and the exam usually entails a blood test and urine test . The underwriter might also order your medical records . Once the underwriter has reviewed your info , he/she will approve you at the rating that your health and other risk factors indicate per their guides . It is possible to be declined at this stage , but not common . We inform our clients of the approval and allow them to make changes to the policy if desired ; other agencies mail the policy to you as is and you can accept or reject it . You always have a month `` free look '' to read your policy and decide if you want to keep it . You accept it by paying for it . With a good agent , good advice , and good groundwork done ahead of time , most people end up with a good policy and are happy to have taken care of that important task . 