After your medical exam results are in, your Term Life Insurance company may need medical records or other verification of your health condition from your physician.

The underwriting process usually takes 6 to 8 weeks. Occasionally, if there is a gap or inconsistency in the information you have provided, SelectQuote will call you asking for clarification.

When underwriting is complete, the Insurance company will make an official offer of coverage and set a final price. When you pay your first premium and return any final forms, your coverage will go into effect.

Once your policy arrives, you'll have a 'free look' period—between ten to thirty days, depending on the state in which you live. If you decide not to accept, you'll get any premiums you paid credited back to you in full.

Q&A

When is my price actually set?

Why underwriting can take several weeks.

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