What information do I need to give to my agent or company?

By | September 7, 2023
Term Life Insurance

When interacting with an insurance agent or company, you may be required to supply several sorts of information, depending on the type of insurance you need and the specific circumstances of your situation. The following is a general list of information that is frequently required:

Personal Information

    • Full name
    • Date of birth
    • Contact information (address, phone number, email)


    • Social Security number or other government-issued identification numbers

Current Insurance Details (if applicable):

    • Details of your current insurance policy (policy number, coverage limits, insurer)

Insurance History:

    • Claims history (including dates, types of claims, and amounts paid)
    • Insurance coverage history (previous policies and providers)

Vehicle Information (for auto insurance):

    • Vehicle make, model, year, and vehicle identification number (VIN)
    • Vehicle usage (commute, pleasure, business)
    • Estimated annual mileage

Property Information (for home or property insurance):

    • Property address
    • Property type (e.g., single-family home, condo, apartment)
    • Year built, square footage, and construction materials
    • Information about safety features (e.g., smoke detectors, security systems)

Health Information (for health or life insurance)

    • Medical history
    • Lifestyle habits (e.g., smoking status, alcohol consumption)
    • Family medical history

Business Information (for business insurance)

    • Business name and legal structure (e.g., sole proprietorship, LLC)
    • Business location and type of operation
    • Estimated annual revenue and payroll information
    • Details about business assets and liabilities

Coverage Preferences

    • Desired coverage limits and deductibles
    • Additional coverage options or endorsements you may want to add

Financial Information

    • Income information (for life insurance or disability insurance)
    • Financial assets and liabilities

Other Relevant Details

    • Any special circumstances or unique requirements

SOURCE: Papergist,com