Buying life insurance is one of the smartest decisions you will make in
your life. As remarkable as this may seem, some people often complain that the
underwriting period is just too long to wait. In this article we will be
looking at the stages to get an underwriting. On average, it takes about 4 to 8
weeks to finish this process. Here's a closer look at what the stages entails.
Week 1 to 2
This is the stage that focuses on completing the medical examination.
For some people it could take a couple of days, while it could take up to a
week for others.
Application Processing
This usually takes about a week. During this period, the insurancecompany will review your application to see if you are eligible for their
policy. If you meet the requirements, you will be expected to proceed to the
medical examination stage.
Medical examination
This stage takes between 2 weeks to a month. In this stage the
insurance company will obtain your medical examination records and review them.
Application Review and
Decision
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