|
Preparing for your LIFE INSURANCE telephone interview
It is important to have the following available at your fingertips in order to expedite the process:
- Drivers license number and state of issue
- Name and address of your personal physician
- Name and address of any other physician, psychiatrist or other licensed practitioners you've visited within the last 10 years
- Dates and reason for treatments
- Current prescription medicine(s), dosage, and frequency
- If you have any existing life insurance: company name, amount of coverage, year of issue, and applicable beneficiary and policy number
Personal finances:
- Assets: including residential property, stocks & bonds/investments, personal effects/savings)
- Liabilities: including mortgage on residence, credit debit, student loan debt, other debts
- Earned income
- Unearned income: including any dividends, rental income, and/or other income not derived from work (this can be a rough number)
- If coverage is for business purposes (i.e. business continuation, keyman, employee incentive), business finances:
- Total Assets & Liabilities
- Net profit after taxes for past two years
- How long the business has been established
- Percentage of ownership
- Has the business ever filed for bankruptcy?
|
|