Did you know most term life insurance policies start at $50,000 of life insurance coverage?

That's right, but some simplified issue term life insurance plans offer as little as $5,000 of life insurance protection.

In addition, there are permanent life insurance plans offering as little as $3,000 of coverage.

This means you may be able to purchase $20,000 of life insurance, and these policies are usually available without any health exam required.

There are even guaranteed...

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Yes, there are insurance carriers that offer consumers the option to purchase their life insurance policies direct online.

However, your approval for coverage will depend on your age, health, and the insurer's guidelines for acceptance to get insured.

There are several different types of life insurance plans you may be able to purchase online, including simplified issue life insurance, no exam term life insurance, and guaranteed acceptance life insurance.

Term life insurance may offer higher lim...
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Is it possible to purchase a life insurance policy on another person.

Yes, actually it happens more often than you might expect.

Many adult children buy life insurance on their elderly parents to provide money to pay for their parent's final expenses.

In addition, spouses buy life insurance on each other to replace the other's income for the family.

If you have an insurable interest in someone else, you may be able to purchase life insurance on that person.

To learn more, read this article: Can I ...
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Is there life insurance for people with cancer?

Yes, there are life insurance companies that offer life insurance to people living with cancer, and cancer survivors.

Fully underwritten life insurance policies requiring a health exam may be more difficult to get approved for, and approval for coverage may depend on your age, overall health, prognosis, type of cancer and treatment, among other factors.

In addition, there are guaranteed acceptance policies for people ages 45-85 wit...

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I need life insurance but I'm not really sure which type to buy.

When choosing the right type of life insurance you'll want to consider your budget, how much insurance you need and for what period of time.

However, the most important question may be How long do I need life insurance protection to accomplish my goals?

Sine term insurance is temporary, if you need life insurance for a duration of 30 years or less, term life insurance will provide you with the most affordable option.

If you need lif...
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Can a cancer patient get burial insurance coverage?

Yes, in fact, there are burial insurance plans available for cancer patients and cancer survivors.

Most burial insurance policies are "guaranteed issue" which means you are guaranteed approved if you meet the age requirements which are ages 45-85 with some insurers, or maybe ages 45-75  or 40-80 with others.

With burial insurance you will not have to take any health exam or answer any questions about your health.

You may be able to purchase up t...
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Do I need life insurance coverage for my spouse?

It depends. Does your spouse work, earn an income and contribute to paying for the living expenses for your family?

Even if your spouse doesn't earn income, he or she may handle a lot of the work around the house taking care of the kids, running errands, grocery shopping, cleaning your home, making the meals, and everything else that gets done so your family can live a nice life.

Now imagine how much it would cost to hire someone to do all of the ...
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Can I buy life insurance coverage without having to answer any questions about my health?

Yes, in fact, there are life insurance policies available with guaranteed approval which means you won't have to take a physical exam or answer any health questions.

Where you have been turned down, have chronic health problems or just don't want to answer any health questions when applying for life insurance, you can get insured - if you meet the age requirements for approval.

Life insurance carriers with ...
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