Why pay more than you have to?
Life insurance rates are based on standardized carrier-specific health ratings and a product-specific cost of insurance table. The cost of insurance tables are set in stone once approved by your state’s department of insurance. While no one can change the tables, we can leverage them by adjusting the amount of insurance you purchase. On the other hand, we can take advantage of the opportunities presented by differences in each carrier’s health rating system. This is what we call best-case scenario underwriting.
When presented with a set of facts about your situation, we can optimize your health rating by matching you with a carrier that doesn’t penalize heavily for any debits you may have. For instance, do you smoke occasional cigars? We know carriers who will not rate you as a “smoker.” What if you do a lot of foreign travel? We know which carriers will not penalize you for this. Maybe we have a health rating table that will allow your height/weight to qualify for a better rating. It’s all part of our process when we underwrite your case. Our job is to get you the best possible rate for the best possible coverage for your unique situation.
This type of analysis can’t be done easily by inexperienced agents or even by computer systems. The ability to find your best-case scenario comes from heavy doses of education about our carriers and their products along with years of experience writing life insurance. This experience has helped us build a network of contacts throughout the life insurance industry and allows us access to many different underwriting scenarios. This process allows you to understand and take advantage of the best-case scenario available to you.
Why pay more? Let Synaptiq Life present you with your best-case scenario.