Bobshedd s snapsex - Backdating legal definition

That being said, if you had a birthday four to five months ago, you need to apply right now for coverage.Hopefully, you can get your policy in force before your insurance birthday to avoid paying higher premiums.

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So let me fill you in on an industry secret…Most consumers are unaware that life insurance companies use your “nearest age” rather than your actual age to calculate premiums for your policy. Let’s say you turned 60 years old on October 1st 2016.

Your actual age today is 60, so it would be logical for you to expect to receive a quote for that age.

The client is a 64 year old man with a 65 year insurance birthday.

Just by looking at his age you know there is a lot we can do for him.

Well, I am here today to fill you in on this super cool tip which may save you some money on your premiums.

At Huntley Wealth we love a good deal and we sure are good at getting ’em!

In the example above, my client turned 60 on October 1st 2016.

That means his insurance birthday would be six months later on April 1The only catch is, if the policy commences March 31st 2017, my client will have to pay premiums from that date onwards before his policy goes into effect.

I know you are not 65 yet, but for insurance purposes, you actually turned 65 on (information redacted for privacy reasons), since Banner Life uses nearest age rather than actual age.

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