Insurance Application Tips

Things you can do to get the best premiums possible when you apply

for health insurance.

INSURANCEAPPLICATIONTIP

SHOP WISELYThe biggest mistake people make is to buy a policy based solely on price. Make certain the insurance

policy you purchase will meet your unique needs. If it does not, add supplements or look for a policy that

does.

INSURANCEAPPLICATIONTIP

BE THOUROUGHMANY PEOPLE STOP WITH MAJOR MEDICAL INSURANCE. IT IS THE MOST COMPREHENSIVE TYPE OF HEALTH INSURANCE BUT IT DOES NOT COVER EVERYTHING. YOU

MAY NEED SOME SUPPLEMENTAL INSURANCE OR OTHER TYPES OF

HEALTH INSURANCE TO COMPLETE YOUR PORTFOLIO.

INSURANCEAPPLICATIONTIP

APPLY ON-LINEIf you are healthy and comfortable with the

computer, most insurance companies will allow you to complete your application on-line for the Major Medical portion of your portfolio. If, however, you

feel you have a pre-existing condition, are not comfortable on the computer or want supplements like Critical Illness, Disability Income or Long Term Care insurance, you should contact an insurance

agent whom you trust.

INSURANCEAPPLICATIONTIP

AVOIDSELF-DIAGNOSIS

If you do not have an official diagnosis from your doctor, under no circumstances

should you ever diagnose yourself. It is better to say “My knee hurts when it rains”

than to say “I have arthritis in my knee” without a doctor’s diagnosis.

Insurance ApplicationTip

PROMPTLY RESPOND TO ANY MAIL

COMMUNICATIONS YOU GET

INSURANCEAPPLICATIONTIP (TELEPHONE INTERVIEW)

USE SMALL WORDSYOU ARE PROBABLY INTELLIGENT BUT UNLESS YOU HAVE MEDICAL TRAINING, YOU DO

NOT USE THE SAME JARGON THEY DO. YOU WANT TO BE HONEST AND POLITE BUT REFER ALL DISCUSSIONS ABOUT YOUR HEALTH TO YOUR DOCTOR. HE SPEAKS LANGUAGE THEY UNDERSTAND. IF YOU ACCIDENTALLY USE A MEDICAL TERM

INCORRECTLY, THE INSURANCE COMPANY MUST ASSUME THE WORST AND EITHER CHARGE YOU A HIGHER PREMIUM OR DECLINE YOUR APPLICATION.

INSURANCEAPPLICATIONTIP (TELEPHONE INTERVIEW)

BE PREPAREDWRITE DOWN YOUR DOCTOR’S CONTACT INFORMATION AND

PRESCRIPTION MEDICATION DETAILS ASAP AFTER SUBMITTING YOUR APPLICATION AND PUT THEM NEXT TO THE PHONE YOU WILL USE IF THE

INSURANCE COMPANY CALLS

INSURANCEAPPLICATIONTIP (TELEPHONE INTERVIEW)

GET OFF THE PHONE FASTIF THE INSURANCE COMPANY CALLS, BE POLITE BUT IN A HURRY TO GET OFF THE

PHONE. GIVE THEM THE CONTACT INFORMATION FOR YOUR DOCTOR. HE CAN BE MUCH MORE DETAILED ABOUT YOUR HEALTH CARE TREATMENT THAN YOU. DON’T

ACCIDENTALLY USE A MEDICAL TERM INCORRECTLY.