Nope, not at all! It’s just a way to see if you qualify for coverage. Once you’re approved, you can review the policy and decide if it’s the right fit. Most companies give you a 10-day “free look” to change your mind.
Our tip: Apply for the maximum coverage you might need. You can always adjust the amount later, even after you’re approved. That way, you know you’re getting enough protection for your family.