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Frequently asked questions
Straight Answers.
The questions people ask us most, answered in plain language.
Is DNA Life & Legacy an insurance company?
No. DNA Life & Legacy is an insurance agency. We help you understand and compare coverage options; the policy itself is issued by the insurance carrier you apply with.
What is the difference between term and whole life insurance?
Term life covers a set period and generally has no cash value. Whole life is designed to last for life and typically builds cash value, with premiums that are generally higher for the same death benefit. Which fits depends on your needs and budget.
Is mortgage protection the same as homeowners insurance or PMI?
No. Homeowners insurance covers the property itself, and private mortgage insurance protects the lender. Mortgage protection is life insurance intended to help your family with the mortgage if you pass away.
Will I be approved for coverage?
Approval is not guaranteed. Every application is reviewed under the insurance carrier’s underwriting rules, which may consider factors such as age and health.
Do I need to share medical or financial records to get started?
No. Our first form only asks what you are interested in, your state and how to reach you. More detail is only discussed later, with a licensed professional, if you choose to continue.
Are the quotes I receive final?
No. Quotes are estimates. Final premiums and coverage are set by the insurance carrier after underwriting, and are subject to the policy terms and applicable state law.
Are these products available where I live?
Availability varies by state and by carrier. A licensed professional can tell you which options apply in your state.
What are living benefits?
They are policy features, often riders, that may allow early access to part of a life insurance benefit after a qualifying serious illness. Whether they are available, and on what terms, depends on the carrier and policy.
How long does it take to get coverage?
It varies with the carrier, the product and your circumstances. Some applications are decided quickly and others need more underwriting. Your licensed professional can tell you what to expect for the options you are considering.
What is DNA’s relationship with UniTrust Financial Group?
DNA Life & Legacy operates in affiliation with UniTrust Financial Group, which gives our agency access to insurance resources and professional support. [Approved relationship wording pending]
What happens after I submit the form?
Your request is matched to a professional licensed in your state, who contacts you using the method and time you chose. You decide whether and how to move forward.
Product availability varies by state and carrier. All coverage is subject to carrier underwriting and approval; features, premiums, exclusions and riders depend on the specific policy.
Did not find your question? Ask a licensed professional.