How Do You Get Life Insurance? 
To get life insurance , you first must determine what type of policy you want , and how much coverage you need . Sometimes people come to us with this all figured out , then find out that they do not qualify for that type of policy , or can not afford the face amount they have chosen . Therefore , it can be helpful to bring your financial data to your agent and work that out together . Once you decide what type of policy you want to apply for , the next step depends on the product you chose . If you want to apply for No Exam policy , you may be able to fill out a digital application and have your policy in effect within a few days . If you apply for a medically underwritten policy , you will first complete a fairly lengthy application . Some people choose to do this on their own , some with their agent , or others do it via phone interview with the life insurance company . Medically underwritten policies require taking an exam in your home or other place of your choice . This is usually done by a local paramed company . The insurance company may also order medical records from your doctors . Once the underwriter has all the required medical information , he/she will approve your policy at the rate for which you qualify . You accept your policy by signing some delivery paperwork and paying the first premium . You have a free look period to decide if you want to keep it . Once it is in effect , no one can take your life insurance policy away from you , as long as you continue to pay premiums in a timely manner . 