Top Rated Life Insurance Companies near me The process by which an insurance company evaluates the risk of insuring an applicant. It involves assessing the applicant's health, lifestyle, and other factors to determine the premium rate. An additional feature or coverage option that can be added to a life insurance policy, often for an extra cost. Examples include waiver of premium, accidental death benefit, or critical illness rider. A period (usually two years) during which the insurer can review and potentially deny a claim if there is evidence of misrepresentation or fraud in the application. https://insuracarelife.com/top-rated-life-insurance-companies-near-me/