Frequently Asked Questions
Life Insurance is Complicated, Here We Make it Easier
The art and science of asking questions is the source of all knowledge.
InfiniteYou is a client centric, fiercely independent, Houston based life insurance broker. Our small size allows us to be laser focused on client satisfaction. We’re here to earn your business and, if you’re pleased with our service, your referrals.
Our claim to fame is our massive selection of insurance products, convenient online buying process, and world-class post sales service. Click here to find out more!
First, get an idea of how much coverage you may need. There are two types of expenses that occur following death: immediate expenses such as funeral and medical bills, and ongoing expenses such as groceries, insurance costs, etc. Be sure to include both these types of expenses in your calculation.
According to LIMRA, the three most common reasons consumers purchase life insurance are to pay off the mortgage, pay for college, and replace lost income due to death of the primary breadwinner. If you have specific questions follow the links to sign up for our next free informational webinar or call us to speak with an InfiniteYou life insurance professional.
Life insurance pricing is based on a few factors: age, sex, health (or “risk class”) and the policy itself.
So, after you have an idea of how much coverage you may need, the next step is to decide whether you need term, permanent, or a blend of both types of life insurance.
Term insurance offers benefits for a limited amount of time and is the lowest cost option. Our Instant Term Quoter allows you to see pricing and financial strength information from the top life insurance carriers.
Permanent life insurance such as Universal Life or Whole life offers additional benefits but will generally cost more. These contracts have multiple moving parts, so please contact us to get a free customized permanent life insurance quote.
The prices you will see are based on an assumed heath rating but keep in mind the life insurance carrier will not make a firm offer no firm offer until the underwriting process is complete. The underwriting will determine the “risk class”.
When you book a complementary meeting with an InfiniteYou Agent, we will explain any additional options and living benefit riders that you may choose to consider.
We offer 4 convenient options by appointment:
That depends on how much coverage you need and what life insurance company you decide to purchase coverage from.
Keep in mind the life insurance carriers that do not require medical testing frequently charge slightly higher rates to offset the increased risk they face as a result of obtaining limited underwriting information.
In general, the top products and best pricing is reserved for those able to complete a paramedical exam in good health. InfiniteYou offers products from multiple life insurance carriers that do not require a medical exam. Your life insurance professional will advise you on the pros and cons of each.
Rest assured, if you don’t like needles or would prefer to avoid the process of meeting with a paramedical examiner, InfiniteYou offers the best non-medical life insurance products from a variety of carriers. The benefit to these products is they allow coverage to be placed in-force very quickly.
Non-medical policies can be obtained in 3-5 days in many cases, click here to get a quote
After you submit your application and complete your medical exam (if required), the life insurance carrier will generally take 1 to 4 weeks to review and underwrite your application.
Your insurance carrier will confirm the accuracy of your application with the Medical Information Bureau, Department of Motor Vehicles, and Prescription Databases. They may also order medical records if you have a complex health history.
Once they have all the necessary information, they will make a final decision to offer coverage and make a firm offer detailing the maximum coverage they can provide as well as your health rating (also known as a “Risk Class”).
At this point you will have a final guaranteed price and can choose to accept or decline the coverage without paying any out of pocket costs. If you cancel, there is no penalty and any money you may have paid at the time of application will be refunded. If you choose to accept the coverage all you have to do is e-sign the policy and pay any premiums due.
Signing the policy is a very simple process. Your agent will send you an email that will link you to a secure PDF of your policy. By clicking through all pages of the policy, you acknowledge that you have read and signed all pages.
Congratulations! Your new life insurance policy is in-force and your InfiniteYou team will be there to monitor your life insurance policy and notify you of important policy information as needed.
We can accept payment either upfront or at the end of the process, after we have secured for a firm offer from an insurance carrier.
Paying upfront gets you temporary coverage which covers you until the insurance company completes reviewing your application. This is a good option for those that need coverage immediately.
Otherwise, you can pay at the end of the process after InfiniteYou has secured a firm offer from an insurance carrier. This payment is required by the carrier to place your coverage in-force.
Underwriting is the process of collecting relevant information to determine what health rating an insurance company will give you. This will usually involve a number of questions about your health and a blood test depending on your age and amount of coverage requested. If a blood test is required, an examiner from ExamOne will come out to meet you at your home or office, or you can come in to one of their 700 nationwide locations. Once all this information is collected, the insurance company will issue you a health rating.
After you have an idea of how much coverage you may need, the next step is to decide whether you need term, permanent, or a blend of both types of life insurance.
Term insurance offers minimum benefits for a limited amount of time, and will be your lowest cost option. Permanent life insurance offers many additional benefits and will generally cost more. Schedule an appointment to get a free customized permanent life insurance quote today.
The Quoter allows you to see pricing and financial strength information from over 25 top life insurance carriers (one stop shopping at its best!).
The prices you will see here are based on an assumed heath rating but keep in mind no firm offer will be made until the underwriting process is complete. Pricing is based on age, sex, health, and product.
When you book a complementary meeting with an InfiniteYou financial professional, they will explain any additional options and living benefit riders that you may choose to consider.
Please share this link with anyone you love that needs to purchase more life insurance.
I needed some life insurance for my daughter so I called these guys up and they really took care of me. They were very nice and explained everything up front. It was also a lot cheaper than I thought it would be!
They are very easy to work with. You can schedule a meeting on the website, and they even have an option for a virtual meeting. They listened to my goals and suggested a policy with the features I was looking for. The agent was very knowledgeable, no sales pressure, and took the time to answer all my questions. These guys are pros! Like me, you'll definitely be in good hands.
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