by Michael Isom | Dec 5, 2019 | Underwriting
Typicaly the “underwriting” process takes about 30 days from when your application was submitted. Sometimes the process happens much more quickly. However, depending on if an exam is needed, if doctor records are needed, or if additional forms are needed, and...
by Michael Isom | Dec 5, 2019 | Making Changes
Term policy: Term policies have a fixed premium, you can not pay more or less than that premium. If you are in a situation where you will be late or behind on a premium payment, call our office so that we can figure out options for you. For example, if you also have...
by Michael Isom | Dec 5, 2019 | Review, Utilization
Dividends for your Whole Life policies are paid out annually on your policy anniversary. These dividends are noted on your annual statement. We issue every policy having that dividend reinvested into your policy. How do they reinvest it? They use it to purchase...
by Michael Isom | Dec 5, 2019 | Making Changes
The easiest way to change the address on your policy is to contact Lacey at our office. Lacey will notify the life insurance company of the change and they will mail you a notification. Email: info@vaultais.com Phone: 435-656-3882 If you choose to notify the insurance...
by Michael Isom | Dec 5, 2019 | Making Changes
Although some insurance companies allow you to make this change online. We have found that it is simpler for clients to call or email our office. We will do all of the legwork for you and send you the exact forms required to make the change. Once the form is completed...
by Michael Isom | Dec 5, 2019 | Making Changes
Although some insurance companies allow you to make this change online. We have found that it is simpler for clients to call or email our office. We will do all of the legwork for you and send you the exact paperwork required to make the change. Once the form is...
by Michael Isom | Dec 5, 2019 | Making Changes
This is considered a collateral assignment. We will assist you in getting the proper forms filled out. When you have signed the forms we will make sure they get to the right department at the insurance company. Once processed, it is mailed to the bank for their...
by Michael Isom | Dec 5, 2019 | Utilization
Paying back a policy loan is done at your discretion and time-line. Whether you pay it back in full, want to make sporadic payments when you have extra money, or want to set up an amortization schedule – it is what works best for you and your cash flow. When...
by Michael Isom | Dec 5, 2019 | Utilization
Depending on which company your policy is with and the amount of loan you want to take, we may be able to request the loan on your behalf, bypassing any paperwork to complete. The easiest way to request a loan would be to contact our office so we can either request...
by Michael Isom | Dec 5, 2019 | Utilization
Depending on which company your policy is with and the amount of loan you want to take, we may be able to request the loan on your behalf, bypassing any paperwork to complete. The easiest way to request a loan would be to contact our office so we can either request...
