RD Term Comparison
Understanding the Features and Advantages of "Rapid Decision" Term Life
Rapid Decision Term Life Insurance from Fidelity Life provides qualified applicants with coverage, generally within 24 hours; AND with No Medical Exam required.
Issue Limits
The following chart outlines the Maximum amounts of coverage at various age brackets.
| Your Current Age at Issue | Maximum Coverage Amount Available* |
|---|---|
| 16 to 45 | $300,000 |
| 46 to 55 | $200,000 |
| 56 to 65 | $100,000 |
| 66 to 75 | $25,000 |
* 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 "Rapid Decision" Term Life with Other Life Insurance Policies
| Rapid Decision Term Life | Other Life Insurance | |
|---|---|---|
| Is a Medical Exam Required? | No Medical Exam is required. | Yes. A Medical Exam is required including a blood test drawn from your arm. A complete Urine test is also required. |
| How long will the application approval process take? | Usually, Fidelity Life will provide a decision on your application within 24 hours. | 4 weeks is usually the MINIMUM time required. Applicants often must wait 2 to three MONTHS for a decision. |
| Will my Doctor have to send in a copy of my Medical History records? | No. No medical files or information is required from your Doctor. | 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 Fidelity Life providing Rapid Decision Term Life meet with me face-to-face? | No. Convenient internet and telephone contact is all that is involved. 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 from you on this website and during a pleasant follow-up phone conversation with a licensed Fidelity Life representative. | 10 to 25 pages of forms usually need to be completed by you in order to apply for other life insurance policies. |