Ken Banks, Life Insurance Agent

Answer: They have 2 years to caught it! If not the policy could hold up years later. Best advice: Don't lie.

Answer: Thinking they have the lowest price because their old agent said so years ago. Best to shop around if your healthy enough to do so.

Answer: Yes. Long as your health didn't change you can change anything you get ready. Or update for more coverage.

Answer: Yes. Long as you have permission from them and have them sign application as well. Otherwise it's unethical.

Answer: Term life insurance is better for most people because it is straightforward and significantly cheaper, often costing 5 to 21 times less than whole life insurance for the exact same payout amount. Neither policy is universally superior, as they serve different financial needs. Term life covers you for a specific period (like 10, 20, or 30 years) to protect temporary needs like a mortgage or raising children. Whole life insurance provides permanent, lifelong coverage and includes a built-in savings component known as cash value, but it requires a much higher monthly budget.

Answer: Yes, you can convert a term life insurance policy to permanent coverage, provided your policy contains a "conversion privilege" or you purchased a convertible term rider. This allows you to upgrade your temporary protection into a lifelong policy, such as whole life or universal life, without losing coverage.

Answer: Beneficiaries typically receive a life insurance payout within 14 to 60 days after filing a completed claim with the insurer. In highly straightforward cases where the paperwork is submitted electronically, some insurance companies can issue payouts in as little as 3 to 10 business days. The clock does not start at the date of death, but rather on the date the insurance company receives all necessary, completed documentation.

Answer: Getting life insurance with a pre-existing condition is possible, but you should expect to pay higher premiums and may need to explore alternative policy types. Insurers evaluate how recently you were diagnosed, the severity of the condition, and how well it is currently managed.

Answer: Yes, depends on how recent it was and if you are currently abusing alcohol. Depends on the company company every company have different requirements.

Answer: Contact me now, and we can discuss the various options! Every situation is different, so we'll have to do a deep dive to be certain for you.

Answer: The policy owner controls the policy. The insured is who's covered by the policy and the beneficiary is who gets the death benefit after the insured dies.

Answer: Totally up to the agent. Some companies provide one for the agent and others don't. It's beneficial if an agent does have one.

Answer: Any Life agent can help but it'll be very beneficial to the client if they talk to someone who specializes in the particular product or service you need.