Rob Lion
Guru
- 653
Are you new to term lol? I always tell clients it can take anywhere from 28 days to 3 months depending on the carrier. What probably happened is they pulled records and saw other things in the records from another doctor and needed to pull records from them.Term life for a mid-60 year old. Underwriting is taking too long. It's been 2.5 months and was just asked for more info yesterday.
Every few weeks or even a month later, they want something else - more medical records, another APS, etc.
Why doesn't the underwriter just ask for all the doctors the client has seen in the past 5 years and then request an APS and all medical records the FIRST time he looks at the file?
Why is this process so inefficient and illogical?
I know underwriting would be faster for a younger person with no blemishes in their health records, but damn... this is getting ridiculous.
I now understand why people love Final Expense; for the speed of it. And why they stay away from fully underwritten life insurance for older people.