Converting your term life insurance policy to a permanent policy (with no evidence of insurability) is one of the best values your your life insurance policy has.
The biggest mistake consumers make when exercising this conversion option is contacting the life insurance company directly.
Here are 3 critical reasons why you should contact us when converting your life insurance policy:
- There are different options in converting. For example: you can convert your full death benefit or a portion of your death benefit. A customer service representative isn't licensed to give you advice on what to do. We'll present you all your options.
- There are different products you can convert to. Life insurance companies have several different permanent products - all meant for different objectives. You need to be sure the policy you're converting to meets your objectives and is the most competitive option.
- The language in the paperwork to complete a conversion can be confusing. The life insurance conversion paperwork combined with the illustration of premiums is confusing for the typical consumer. We'll make sense of it all and answer any questions you may have.
Let us guide you through the process. We'll listen to your objectives, keep in mind your budget and recommend the right product for conversion.
We can convert most of the life insurance carriers on the market. Even if we’re not the agent on the policy, we can still help you!
If you're considering a life insurance conversion, our FREE life insurance conversion analysis will provide you with a valuable document showing all your available conversion options. Fill out the form on the right or call us at (888)430-7668 to get started.