Yes, there are no medical exam life insurance plans available.

In fact, some insurers allow you to apply for coverage online and begin your coverage the same day.

No exam life insurance does require the applicant to be healthy and most simplified issue term life insurance plans require you to be age 60 or below.

However, there are guaranteed issue policies available for people between the ages of 45-85.

When purchasing a no exam plan make sure you consider how long the risk free money back guaran...
Continue reading ...

Trying to find a life insurance policy may be difficult if you have COPD. 

However, there are burial expense life insurance policies that offer you a quicker and easier way to get the life insurance you need without the hassles or exam requirements of a traditional life insurance policy.

People living with COPD or other serious health problems may purchase life insurance coverage with guaranteed acceptance. 

That means, if you meet the age requirements you are guaranteed coverage, you cannot be ...
Continue reading ...

Yes, you can buy life insurance on her husband.

If you are married, you have an insurable interest (which is required) in your husband. That means, you stand to lose out financially if your husband were to die.

Either you rely on him for financial support or you would suffer financially if he were to pass away.

You may even be able to purchase life insurance direct online for your husband with no physical exam required.

Some plans even allow you to start the life insurance coverage immediately, ...
Continue reading ...

What are the pros and cons of a term life insurance policy?

There are several advantages to term life insurance coverage, including:

Low Cost - Term life offers the highest amount of life insurance protection for your money.

Flexibility - Choose form 10, 15, 20 or 30 years of life insurance protection.

Easy-to-Understand - You have protection for the duration of your policy term. Your premiums and coverage remain level for the term of your policy. 

There are also a couple drawbacks of term life in...
Continue reading ...

How can I purchase a life insurance policy if I have applied to an insurer and been turned down?

There are a couple options that may work for you.

You could contact a life insurance broker who specializes in placing life insurance through high risk insurance companies for people who have been denied insurance.

Or, you could get guaranteed issue life insurance if you meet the age requirements for approval.

In addiiton, you may be able to contest the medical exam results, or ask for another exam, i...
Continue reading ...

Why should young adults purchase life insurance?

There are several very good reasons to consider buying life insurance when you're young:

Lock-in a low rates guaranteed for the life of your policy.
Guarantee your insurability for the future.
Save money by purchasing coverage when you are young and healthy.

Many of us take on more financial responsibility as we get older, but our health may change and make it more costly or more difficult to get insured when we have the greatest need for life insur...
Continue reading ...

What should I consider when shooting for the right life insurance coverage?

There's several important things to consider before making your purchase.

You'll want to answer the following questions:

• What type of life insurance do I need?
  
• How much life insurance do I need?
  
• How much does life insurance cost"
  
• What is my budget for life insurance?
  
• How long do I need my life insurance to last?
  
• What is the financial strength rating of the insurance company?
• How long is my rate guaranteed to remain the same?
• Wh...

Continue reading ...

Living benefits are benefits you can access form your life insurance policy while you are alive.

Usually, the insurer will require that the insured person has been diagnosed with a terminal illness and has a life expectancy of 6 months or less, in order to pay out living benefits to the insured.

Living benefits can help you get money to assist you with your end of life expenses or medical treatment which may prolong your life. You can use the money paid out for living benefits any way you wish....
Continue reading ...

Can I purchase life insurance if I don't have an agent?

yes, actually you may be able to purchase life insurance online direct from the life insurance company.

In addition, there are online life insurance brokers with access to a large network of life insurance companies that may offer you the option to buy life insurance online if you don;t currently have a life insurance agent.

Some of the life insurance plans available online for people who don't have an agent include term life insurance, sim...
Continue reading ...