Fidelity Insurance

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Founded in 1896, Fidelity Insurance Company has an A+ rating from A.M.Best and S & P, and an A- from Better Business Bureau. Their insurance policies are quick and straightforward to apply for and are available in 48 states.Fidelity also offers a 30-day trial during which you can cancel your insurance policy if you are not happy with it.

The downside of purchasing life insurance policies from Fidelity is that they don’t offer universal life insurance policies, and their whole life policies are only available to applicants above 50 years old.

They offer the following life insurance policies.

Fidelity Term Life Insurance

Fidelity’s term life policies are available in all 50 states to clients between the ages of 18 and 70. These policies offer 10, 15, and 20 years of coverage. You can pay the premiums every month, six months, or year. They have a minimum death benefit of $250,000. Term life policies from Fidelity cannot be converted to permanent life policies, so you can only renew them.

They offer the following term life policies.

RAPIDDecision Life

This term life policy by Fidelity offers a death benefit up to $1 million. This policy has a quick approval process. It is a combination of a regular term life policy with increased accidental death coverage. You can qualify for lower premiums during the first six months of the policy if you
take a medical exam.

RAPIDDecision Express

This is your standard term life policy. It requires no medical exam and has a quick approval process. It offers terms of 10, 15, 20, and 30 years. After level premiums, the rates increase until the age of 94.

RAPID Decision Senior Life Term

This term life policy is designed specifically for people between the ages of 50 and 70. The terms of this policy are 10, 20, and 30 years.RAPIDDecision offers a death benefit between $10,000 and $150,000. The amount of coverage you qualify for depends on your age.

Fidelity Whole Life Insurance

Fidelity offers its whole life insurance policies to customers 50 and older.These policies have level premiums and cover you as long as you live. Fidelity
offers the following whole life policies.

RAPID Decision Guaranteed Issue

This policy offers coverage up to $20, 000 without requiring any medical exam. It is available to clients between the ages of 50 and 85.

RAPID Decision Senior Whole Life.

Also available to clients between the ages of 50 and 85, this policy offers coverage between $10, 000 and $15,000 and may require occasional medical
exams.

RAPID Decision Final Expense

This policy offers coverage to seniors between the ages of 50 and 85. It requires no medical exams and offers coverage between $5,000 and $35,000.

Fidelity Accidental Insurance

Fidelity offers its accidental insurance policy ton clients between the age of 20 and 59. The death benefit amount varies between $50,000 and $300,000.This insurance expires at the age of 80. If you pass away before the age of 70,your beneficiaries will receive the full death benefit, and if you pass away after that, they receive half of it.

Does Fidelity offer any riders with its life insurance policies?

Fidelity offers the following riders with its life insurance policies:

Accelerated death benefit

It offers a payout during your life if you are diagnosed with a terminal illness.

Accidental death benefit

It offers additional death benefit if you pass away in an accident.

College fund benefit

If you pass away due to an accident, this rider offers 10% additional coverage for your dependents between the ages of 15 and 22.

Dependent children

This rider offers additional coverage for your children until they turn 18.

Inflation rider

This rider increases the death benefit of your life insurance policy between two to six years to combat inflation.

Return of premium

This rider increases the death benefit of your life insurance policy between two to six years to combat inflation.

How do I qualify for low premium rates with Fidelity?

There are plenty of factors the influence the cost of your premiums. Taking care of the following factors will help you qualify for lower premium
rates with Fidelity:

  • Quit smoking. If you have smoked within the past two years or used recreational cannabis, you will have to pay higher premiums
  • If your family has a history of deaths before the age of 60 due to heart diseases
  • No history of alcohol abuse in the past five years
  • A cholesterol level below 240
  • Blood pressure below 140/90
  • No involvement in high-risk occupation or hobbies

How do I purchase a life insurance policy from Fidelity?

The process for purchasing a life insurance policy from Fidelity is simple. You need to fill out a questionnaire, this usually takes between 10 and 15 minutes. If you need help, Fidelity’s agents will help you. This will be followed by a medical exam, id required by your policy. Once the results of the
medical exam are reviewed, Fidelity will inform you if you have qualified or not and what your premiums are. This process can take between 4 to 6 weeks.You can find life insurance quotes for Fidelity online on their website.You will have to provide certain information, e.g., your state, gender, age,nicotine use, etc.

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