How Long Does It Take To Underwrite A Life Insurance Policy?

  1. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    That will depend on your age, health, and the amount of coverage desired. I have seen young folks get underwritten in one day, while most adults will take about three days, with some more complex health matters taking several days. If your doctor submits your medical file promptly, you should not expect much delay. It is critical to get your doctor to act. Gary Lane, New York Life, Registered Representative. 949 797 2424. Thank you.
    Answered on December 22, 2013
    flag this answer
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    It can take from several hours to several months to underwrite a life insurance policy. If you are getting a policy that does not require any exam or medical files (referred to as APS's by the life insurance industry, which stands for Attending Physician Statements), the time will be much less than if your underwriting includes an exam and/or medical records. Listing all your doctors on the application can help speed things up, so all your APS's can be ordered at once.  It also helps to take your exam ASAP. Don't worry if it takes a while; by getting all the medical information they need, you can be sure that the life insurance company will pay out at your time of need.
    Answered on December 26, 2013
    flag this answer
    3. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>