Showing Tag: "5 year life insurance" (Show all posts)

Can I Buy a 5 year Term Life Insurance Policy with Not Medical Exam?

Posted by hadley hadley on Tuesday, February 14, 2023, In : Life Insurance FAQ's 

Yes, you may be able to purchase a 5 year term life plan with no exams if you qualify for coverage.

Usually, insurers offer term life policies for 10, 15, 20, or 30 years.

However, there are some that offer 5 year term life plans; such as, Globe Life.

Through Globe Life you may have the option of choosing the following amounts of coverage for 5 year term policies:

  • $5,000
  • $10,000
  • $20,000
  • $30,000
  • $50,000
  • $100,000

Globe Life offers coverage with just a some health questions and a simple application. 

You c...
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35 year Term Life Insurance?

Posted by hadley hadley on Sunday, July 24, 2022, In : Life Insurance FAQ's 

What is 35 year term life insurance?

It's a type of temporary life insurance policy that provides coverage for a period of thirty five years. The premiums remain the same each year, and the amount of life insurance never decreases.

Can I buy a 35 year term life insurance policy?

It depends on your age and your health, if you qualify for coverage. However, if you are healthy and age 50 or under, you may be able to qualify for a 35 year term life insurance plan.

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What Is A 15 Year Term Life Insurance Policy?

Posted by hadley hadley on Sunday, April 19, 2015, In : Life Insurance FAQ's 

A 15 year term life insurance policy usually has the following features:

  1. A set premium for 15 years.
  2. A set death benefit for 15 years.
  3. No cash value.
  4. Only pays the death benefit if the insured person passes away during the 15 year term of the life insurance policy.

A 15 year term life policy may offer the option of renewing your coverage at the end of the term for an increase in premium.

Here's how you can learn more and compare 15 year term life insurance premiums toda...


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