Lisa A Koosis
Medical Claims Specialist
Lisa worked as a medical claims specialist for five years, adjudicating claims, developing appeals training programs and liaising with insurance auditors. As a full-time freelancer, she now completes work that includes writing and fact-checking life and health insurance content for a variety of online publications.
Articles by Lisa A Koosis (6)
No Medical Exam Life Insurance
No medical exam life insurance is a policy that skips the paramedical exam (blood, urine, vitals) and uses accelerated underwriting instead. Coverage ranges from $25,000 to $3,000,000, with approvals returned instantly to within five business days.
Accidental Death Insurance
Accidental death and dismemberment (AD&D) insurance is a supplemental policy that pays a tax-free lump sum if the insured dies in a covered accident or suffers a specified dismemberment. Premiums are low because the insured event is statistically rare, and underwriting is fast because there is no medical exam.
Guaranteed Acceptance Life Insurance
Guaranteed acceptance (also called guaranteed issue or GIWL) life insurance approves everyone with no medical exam and no health questions. Coverage is limited to $2,000 to $25,000 per policy, and most policies have a 2-year modified-benefit waiting period during which natural-cause deaths return premiums plus interest rather than the full face amount.
Join a Group That Offers Life Insurance
While group life insurance policies have been declining for the last decade, it offers various benefits you can’t find in individual life insurance policies.
Join a Group That Offers Life Insurance - A Complete Guide
While group life insurance policies have been declining for the last decade, it offers various benefits you can’t find in individual life insurance policies.
Demystifying Private Placement Life Insurance
Want to learn more about private placement life insurance? We break down what a PPLI policy is, who should buy one, and how it can be used.