David Wiley, Life Insurance Agent
David Wiley
HealthMarkets
Life Insurance Agent Licensed in GA
28+ Years of Experience
Contact Details
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Location
Watkinsville, GA
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Website
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Facebook
David Can Help With:
About Me
Hi, my name is David and I am your local life insurance agent. My passion is helping families prepare for the future by finding coverage that offers peace of mind and financial protection. I will guide you through the options available from nationally and locally trusted companies — at no cost to you.
Q&A with David Wiley
How do life insurance companies decide your premium rate?
Answer: First and foremost is your age, 2nd is whether you use tobacco of any type, and 3rd is your health. These are the factors used in determining the premium you will pay.
What happens if you outlive your term life insurance policy?
Answer: A term policy terminates upon the last day of the term period. You have rented a death benefit for the prescribed term, i e. 15 years, 20 years, etc.). You do have the option with most policies to convert any or all of the coverage to whole life while the policy is still in effect and the rate you will pay is the determined by the age you are at the time of conversion.
However, once the term period of coverage ends you have no coverage from that policy going forward.