- Female, age 35
- Noted to be retired with no annual income; Net worth left blank on the app
- Seeking $8 million of term coverage; Purpose of coverage left blank on the app
How can we help in this situation?
Key information we’ll need includes:
- What is the purpose of the insurance?
- How was the face amount determined?
- Who will be the policyowner and premium payor?
- What is the current amount of in-force and applied for insurance?
- Do you have any other pertinent documentation you can provide to explain how the amount of insurance was determined?