Explore accelerated underwriting with SelectQuote.
Buying insurance doesn’t have to be complicated, which is why SelectQuote makes it easy. We can shop some of the most trusted carriers in just minutes to find the right coverage for you.
What is accelerated underwriting?
Accelerated underwriting gives you the opportunity to purchase traditional life insurance on a fast track. Working with SelectQuote speeds up the life insurance shopping process, but accelerated underwriting simplifies it even further by avoiding some of the more drawn out medical steps that come with obtaining life insurance. You shouldn’t see an impact in cost when going with accelerated underwriting, the biggest difference you might see, however, is a lower offered coverage amount.
If you’re looking to get life insurance coverage quickly but are unsure where to start, SelectQuote can help. We’ll do the legwork for you, shopping some of the most trusted insurance companies and comparing rates in just minutes to find the right policy for you.
Qualifications of Accelerated Underwriting
Every insurance company has different eligibility requirements, but it’s important to know that your age, current health, family’s health history, and household income will be taken into account. If you’re concerned that either of these may have an impact on your application, that doesn’t mean you cannot qualify for life insurance. Instead, it just might mean you’ll have to go through traditional underwriting. The good news is, SelectQuote can help you determine if accelerated underwriting is the best option for you.
Benefits of Accelerated Underwriting
There can be many benefits to considering accelerated underwriting, with time savings being at the top. Explore some of the other reasons below:
No Medical Exam Life Insurance
One of the biggest benefits of accelerated underwriting is that it doesn’t require a medical exam. That being said, you’ll still have to provide both current and historical health-related information to ensure accelerated underwriting is the right choice for you.
Life Insurance Coverage up to $1 Million
If you’re in good health and don’t smoke, under the age of 60, have strong family health history, and haven’t been turned down for coverage before, you could potentially qualify for term life insurance coverage up to $1 million through accelerated underwriting.
What if I need more than $1 million in life insurance coverage?
If you need more than $1 million in coverage, instant term life insurance might be a good option if you’re in generally good health and are 60 years old or younger. By shopping with SelectQuote, you may qualify instantly for up to $2 million in coverage without the need for a medical exam.
Still have questions? We’re here to help:
Let SelectQuote find the right life insurance policy for you.
At SelectQuote, our process is about you. Life insurance isn’t a one plan fits all, so we’ll compare coverage and rates from some of the most trusted insurance companies to make sure we’re finding the right policy for you.