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. |
| 
