Primerica Online Customer Service: Simplified Underwriting Process for Life Insurance

Policy premiums are typically higher with Primerica due to their simplified underwriting process. However, this approach allows them to provide coverage in as little as a few minutes through their rapid data check, which runs background checks through the Medical Information Bureau and DMV.

Primerica offers select, nicotine, and non-nicotine life insurance plans. Their term life insurance products include TermNow, a no-medical-exam policy that provides coverage from $15,000 to $300,000 for individuals under 45 years old.

When purchasing Primerica's term life insurance, it is essential to understand the renewal process. After meeting underwriting guidelines, you can renew your coverage up to age 95; however, your premiums will likely increase upon renewal. If you are unable to afford the increased cost, you may lose coverage.

Policyholders have guaranteed insurability until age 95. Some of Primerica's longer-term policies, such as the 30-year and 35-year options, only guarantee level or set premiums for the first 20 years. The company issues term-life policies in increments of 10, 15, 20, 25, 30, and 35 years, depending on the applicant's age.

Term life insurance is a policy that provides coverage for a specific period, typically between 10 to 30 years. Once the term period ends, the policy is no longer in force. If the insured person passes away during the defined term, the insurance company will pay a predetermined amount to the named beneficiaries.

Primerica does not sell whole life coverage but offers two term life insurance policies with various coverage options and riders. Overall, Primerica's online customer service provides a convenient way to purchase life insurance, but it is crucial to carefully review policy details before making a decision.

Primerica online customer service