ACORD, the standards body for the insurance industry, has announced a standardised life insurance application to help improve efficiency and accuracy for carriers and distributors. The form has been ...

Understanding how and why insurer make decisions could improve your chances of getting the policy and price you want Written By Written by Insurance Writer, Buy Side John is a staff writer at Buy Side ...

Life insurance companies use a process called underwriting to evaluate your risk factors, decide whether to approve your application and determine your premium. Traditional underwriting, which usually ...

Life insurance is a contractual agreement between an individual and an insurance company. The policyholder, who is the ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. The underwriting process for instant life insurance ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Insurance companies don’t typically deny a life ...

“Second, because of the complications surrounding the life insurance application process, many customers may not understand the questions presented and/or the overall application process unless ...

Amy Danise is the staff Senior Insurance Editor for Buy Side. She has helped consumers understand insurance for more than two decades. Edited By Written by Insurance Deputy Editor, Buy Side Jennifer ...

If your sex assigned at birth doesn’t align with your gender identity, it could feel upsetting, awkward or confusing to answer questions about gender on a life insurance application. Your gender ...

Getting a life insurance payout denied isn’t all that common, but the impact can be massive when it happens. Data from the Canadian Council of Insurance Regulators show 1.1 per cent of people claiming ...