July 15, 2011
Actual Age vs. Nearest Age in Life Insurance Many consumers are unaware that most insurance companies use your “nearest age” rather than actual age to calculate your age and premium on a life insurance policy. Let’s take an example. Today is 7/15/2011. Let’s say you are 60 years old, and you turned 60 back in [...]
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July 1, 2011
We recently had a 50 year old, male client come to us looking for $1,000,000 of 10 year term life insurance. After completing our questionnaire, we determined he was in excellent health and quoted him a preferred rate with Ohio National at $109 per month. We applied to Ohio National because our client had a [...]
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