A. If you are not familiar with MoneyGuard, we have an introduction blog post here.
Right now at the marketplace, there are big insurers competing in the MoneyGuard product area, they are Lincoln Financial and GenWorth (it's under another name - Total Living Coverage TLC).
While the key product features are largely the same, Lincoln Financial does not require a medical exam, and its underwriting decision will be a simple Yes or No. If it's Yes, it will be based on Standard class.
On the contrary, GenWorth's TLC product requires a medical exam, depending on your exam results, you could get either Preferred or Standard class.
So, if you believe you have pretty good health, you could give Genworth's TLC a try - it's a great combination of life insurance and Long Term Care product and makes sure your money won't be wasted.
Contact us if you need a quote.