If you are ready to apply for a life insurance policy, please call TIAA-CREF Life Insurance Company at 1 877 276-9429 — or choose to have a Planning Consultant call you. A TIAA-CREF Life Insurance Company Planning Consultant can help you assess your needs, and:
- Recommend the right type and amount of coverage
- Prepare a personalized proposal, showing coverage amounts and costs
- Explain how the policy's cash value (if applicable) can accumulate over time
Remember, the call, guidance and proposal are all free and there is no obligation to apply.
It is important to keep in mind that the death benefit payment guarantee is subject to the claims-paying ability of the issuing company.
Before making your call, you may want to familiarize yourself with the application process itself and what may be required of you. The following information covers the basics of the application process.
What to expect
When you apply for life insurance, you’ll be asked to participate in a health assessment before coverage can take effect. The insurance company will ask you questions about your health and, at its expense, arrange for a physical exam with a medical professional. In some instances this underwriting process may include a background check, or require a statement from your physician. Depending on your circumstances, this process can span several weeks or longer. It’s very important to tell the truth at this time. A false statement could delay or even prevent payment of a claim.
You’ll also be asked to designate a beneficiary for your policy. This should be reviewed periodically throughout your lifetime — particularly when your circumstances change — to ensure that benefits are paid quickly and according to your wishes.
You should also review your insurance needs every three years or so; as your circumstances change, so should your coverage.
If you are ready to apply for a life insurance policy, please call us at 1 877 276-9429. A TIAA-CREF Life Insurance Planning Consultant will be happy to assist you.
