Can a agent sell whole life ins to a person not being present?

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  • car253
    Lv 7
    1 month ago

    Yes. I do it all the time. I email you an authorization that you have to approve the application.   

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  • Anonymous
    1 month ago

    Certainly, that is how most Insurance companies make their money.

    Internet, Telephone, Mail order.

    The trick is they will not payoff, until the "member" has paid a minimum number of premiums, usually three years worth.

    Should the "member" die earlier, the most the policy will pay is to rebate the paid premiums.  [The company lives off the interest earned from those payments] Read the Fine Print. I did on a "Penn State" TV offer. And the "Gerber" Policy. All  aimed at the over 50 crowd.

    • car253
      Lv 7
      1 month agoReport

      That is ABSOLUTELY NOT TRUE !  Insurance companies pay the death benefit from the minute you pay unless there is fraud or you lied on the application.

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