Frequently Asked Questions
Elsayed Financial Services
HOW DOES LIFE INSURANCE WORK?
An insurer makes regular payments to a company and, if they pass away, their beneficiaries receive a payment.
WHY DO I NEED LIFE INSURANCE?
Because the future is uncertain and no matter how healthy someone is today, it’s possible for them to pass away tomorrow. By purchasing life insurance, you will ensure that no matter what happens to you, your family will receive financial security to be alright.
DO I NEED TO TAKE A MEDICAL EXAM TO GET COVERAGE?
In some cases an exam will be necessary, but for many it is not. Many of the policies found on my website can get you approved without one by using electronic health records.Electronic health records sync to your medical provider and send the insurance company your health history. This greatly diminishes the need for invasive medical exams and chances are you won’t need one. The introduction of electronic health records into the industry have greatly diminished the need for them.
WHEN SHOULD I GET IT?
It’s never too early to get coverage. In fact, the younger you get it, the cheaper your premiums will be because your health is less of a risk. Most young people wait until they’re older or they’ve hit a life milestone, but you can get it at any age.