Our Product
eLifePolicy Comparison
Understanding the Features and Advantages of eLifePolicy.com
Our Term Life Insurance provides qualified applicants with coverage, generally within minutes; and with NO Medical Exam required, just a few health questions.
Features and Benefits
Issue Limits
The following chart outlines the minimum & maximum amounts of coverage available:
*Coverage amounts subject to underwriting and approval. After your policy is issued, the coverage amount remains level for the guarantee period selected even as you get older. The chart above pertains only to your age on the date the policy is issued to you.
Comparison of Our Term Life Insurance with Other Life Insurance Policies
Understanding the Features and Advantages of eLifePolicy.com
Our Term Life Insurance provides qualified applicants with coverage, generally within minutes; and with NO Medical Exam required, just a few health questions.
Features and Benefits
- Generous coverage amount up to $500,000*
- Competitive and guaranteed level premiums available in 10, 15, 20, and 30 year terms
- Your life insurance is renewable up to age 80 without evidence of insurability
- Immediate in-force policy printable online with no direct agent contact necessary
- Pay for your premiums directly with your credit card or Electronic Funds Transfer (EFT) through your checking or savings account.
Issue Limits
The following chart outlines the minimum & maximum amounts of coverage available:
| Current Age at Issue | Minimum Coverage Amount Available* | Maximum Coverage Amount Available* | ||
| 18 to 65 | $25,000 | $500,000 |
*Coverage amounts subject to underwriting and approval. After your policy is issued, the coverage amount remains level for the guarantee period selected even as you get older. The chart above pertains only to your age on the date the policy is issued to you.
Comparison of Our Term Life Insurance with Other Life Insurance Policies
| Question | eLifePolicy | Other Life Insurance | ||||
| Is a Medical Exam Required? | No medical exam is required, just a few health questions. | Yes. A medical exam may be required including a blood test drawn from your arm as well as complete urine test may also be required. | ||||
| How long will the application approval process take? | The eLifePolicy online process will take approximately 15 minutes and provide a decision on your policy immediately following the submission of your form. | 4 weeks is usually the MINIMUM time required. Applicants often must wait two to three MONTHS for a decision. | ||||
| Will my doctor have to send in a copy of my medical history records? | Generally no medical files or information is required from your doctor unless in the rare instance your submitted registration information requires further medical clarification. | Frequently, the application process requires your doctor to submit a copy of your entire medical history file to the life insurance company. | ||||
| Will an agent for eLifePolicy need to meet with me face-to-face? | No. The life insurance process is all conveniently handled online. You may contact one of our insurance agents by phone should you have any questions. There are no high-pressure sales people to meet with. | Often, an insurance agent will meet with you face-to-face in order to sell you a policy. | ||||
| How much paperwork is required from me in order to apply? | None. All of the information for your application is gathered directly from you on this website. | 10 to 25 pages of forms usually need to be completed by you in order to apply for other life insurance policies | ||||
