Why can life insurance take so long to get?

One of the great things happening in life insurance is the ability to get approved fast, at least for some people. However, for many people, this is simply not going to be experienced.

Here are 4 reasons your life insurance is taking forever to be accepted?

1. Health issues – Depending on how you answer a question in the application. That can cause the application to go to underwriting. This means an extended waiting time before the issuing.
2. Doctors – Sometimes, the underwriter will follow up with your doctor because of current or previous health issues. This does not mean you will get denied. However, now you are waiting on the doctor. They are not known for speed in this area. 
3. You failed to answer one of the questions or filled it out wrong. It is a simple mistake as you answer a lot of questions.  
4. Not setting up payment – If you failed to set up the payment during the application, this will slow down the acceptance and start of the life insurance policy

For some yes, a policy can be issued within an hour. For others a policy can take anywhere from 3-4 weeks to 2 months, depending on the situation. I suspect as insurance companies adapt technology, you will see an increase in speed for the underwriting.  

What type of life insurance are you looking for?