Showing Tag: "5000 life insurance policy" (Show all posts)

Can I Buy a $25,000 Life Insurance Policy?

Posted by hadley hadley on Tuesday, August 29, 2023, In : Life Insurance FAQ's 

Yes, you have the option to purchase a life insurance policy with a coverage amount of $25,000. Such policies cater to varying financial needs and budgets. A $25,000 policy is commonly referred to as "final expense" or "burial insurance," designed to cover end-of-life costs like funeral expenses, burial fees, and outstanding debts.

However, it's important to be aware that the availability of specific coverage amounts and policy types may differ based on the insurance company and their particul...


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Can I Buy a $15,000 Life Insurance Policy?

Posted by hadley hadley on Friday, August 25, 2023, In : Life Insurance FAQ's 

Yes, it's possible to buy a $15,000 life insurance policy. Such a policy is often referred to as a small whole life insurance or final expense insurance policy. These policies are designed to cover end-of-life expenses, such as funeral costs, medical bills, and other financial obligations that arise after a person's passing.

Here are a few things to keep in mind when considering a $15,000 life insurance policy:

  1. Coverage Type: A $15,000 policy is generally a form of whole life insurance. Whole l...


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Can I Buy a $25,000 Life Insurance Policy?

Posted by hadley hadley on Wednesday, July 18, 2018, In : Life Insurance FAQ's 

Yes, there are insurers offering $25,000 of life insurance coverage. although most insurers offer a minimum of $50,000 or $100,000 of life insurance.

These smaller life insurance policies are usually available for people over age 40 and may provide guaranteed approval for those meeting the age requirements.

For example, United of Omaha offers up to $25,000 of whole life insurance with no health exams and no health questions asked. People age 45 to 85 are guaranteed approval for a policy.

Many pe...
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How to Buy a $15,000 Life Insurance Policy?

Posted by hadley hadley on Sunday, July 15, 2018, In : Life Insurance FAQ's 

Yes, there are life insurance companies that offer smaller life insurance plans providing $15,000 of coverage.

These policies are usually issued for seniors or high risk people and offer guaranteed approval for people who meet the age requirements for acceptance.

For example, one highly-rated life insurance carrier offers guaranteed life insurance for people ages 45 to 85.

You can choose from $3,000 up to $25,000 of guaranteed issue life insurance.

There's no health exam required and no health q...

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How to Buy $5,000 of Life Insurance?

Posted by hadley hadley on Thursday, July 12, 2018, In : Life Insurance FAQ's 

Are you looking to purchase a $5,000 life insurance policy?

If so, there are several  insurance carriers that offer smaller life insurance policies from $2,500 and up to $15,000 or more.

These policies are usually issued for seniors or high risk people and offer guaranteed acceptance for people who meet the age requirements.

For example, one highly-rated life insurance company offers guaranteed issue life insurance for people age 45 to 85.

You can choose form $3,000 up to $25,000 of guaranteed is...

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