Which companies offer long term life insurance coverage?

Long term life insurance policies are usually plans that provide coverage for a duration of up to 35 or 40 years.

These are the longest terms available for term life insurance protection; however, not many insurers offer coverage lasting for that long a period of time - for term insurance policies.

The carriers offer long term coverage do include Banner Life & William Penn, Protective Life and AIG.

Keep in mind, certain age restrictions do ...

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What are the best insurance companies offering funeral insurance?

When out comes to funeral insurance, there are several highly-rated insurers offering plans, including United of Omaha, MetLife, Colonial Penn, AIG, Fidelity Life, and Gerber, among others.

Keep in mind, many of these plans offer guaranteed approval for anyone who meets the age requirements.

However death benefits may be limited the first 2 years you are insured.

Learn more about comparing funeral insurance companies online.

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How can I get multiple life insurance quotes over the internet?

It's simple. To compare multiple quotes for life insurance you just visit a life insurance website online and fill out a short Quote Request form.

It only takes a minute, and then you instantly see the lowest prices from the insurers offered.

Make sure you answer all questions truthfully when requesting a free quote, especially if you smoke or not.

By comparing multiple life insurance quotes you may save quite a bit of money on your ...

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Are you shopping for life insurance and live in New York state?

If so, there are several highly-rated life insurance carriers you may choose from in order to purchase your life insurance.

Although New York has a highly-regulated life insurance market, there are several life insurers that offer affordable protection.

Included among the list of life insurers in New York are such well-known insurers as New York Life, John Hancock and Allstate, among others.

Here is a list of Life Insurance Companies...

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Which type of life insurance plan and insurer is best for final expenses coverage?

If you need final expense life insurance you may want to compare United of Omaha versus John Hancock - two of the more well-known providers of life insurance plans to cover your final expenses.

Both life insurers are highly rated, with an "A+" Superior financial strength rating from A.M. Best.

However, there are some differences, including pricing, maximum amount of insurance available, and the age requirements fo...

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Are there any life insurance companies that offer coverage without asking any questions about your health?

Yes, in fact, several life insurers offer no questions asked life insurance coverage. These are usually referred to as "Guaranteed-Issue" life insurance plans.

That means, you cannot be denied coverage if you meet the age requirements for approval. With guaranteed plans there is no health exam required, and you will not be asked about health questions.

These plans may be a good option for s...
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If you're a senior looking for quality, affordable life insurance you may be wondering which life insurer is the best for older people.

There really is no one single life insurance carrier that's best for all senior citizens.

It really depends on you - your age, health, lifestyle, and the type of life insurance you need, as well as, the amount of insurance coverage you need.

Some insurance carriers are better at providing affordable plans  for people with certain health conditions like diabetes ...

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I want to get life insurance from a top rated life insurance company, but I'm not sure which are the best insurers for life insurance?

When it comes to researching and finding the best life insurance company you may want to consider some of the most well-known, highly-respected insurance companies, including Prudential, MetLife, Northwestern Mutual, New York Life and Mass Mutual.

When selecting a life insurance company make sure you take into consideration how long the company has been in busin...

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Yes, life insurance companies do request medical records of those who apply for life insurance coverage.

This is a standard practice in the life insurance industry.

And, if you deny the request, the insurance company may choose not to insure you for life insurance.

The insurance company uses the information from your medical records to verify your health, and determine if they should insure you for life insurance.

They want to find out if you are a good risk for life insurance, and your medical r...
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What are some of the most common reasons a life insurance company may turn down an applicant for coverage?

Life insurance carriers have a set of underwriting guideline including requirements related to your age, health and lifestyle that they review and consider when underwriting an applicant for life insurance coverage.

Many of the key reasons someone may be denied life insurance have to do with the person's age, health, lifestyle, drug or alcohol use, driving record, etc.

If you have chronic h...
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Some life insurance advertisements claim you cannot be turned down.

What's the catch?

Well, these are called guaranteed issue life insurance policies.

They guarantee your approval for coverage if you meet the age requirements, which may be ages 45 to 85.

And, the amount of life insurance may be limited to $25,000 or less.

The prices are higher than standard life insurance because they insure some who may not otherwise be able to get insured for life insurance.

The catch is that there is a limited d...
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If you're shopping for life insurance or own a policy you may be wondering about the financial security of your life insurance company.

Financial ratings are an indication of an insurer's ability to pay their claims and meet their financial obligations. It basically is a sign of how strong and financially secure a life insurance company is and how they compare to other insurers.

Several independent rating services review the financials of insurers and issue a financial strength rating. leading ...
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Actually, there are hundreds of life insurance companies in America that offer term life insurance.

Since each insurer has their own set of guideline soft underwriting, acceptance and pricing, each insurer may be more or loess competitive when it comes to prices for certain classes of risk - such as, seniors, non-smokers, diabetics, young adults, or married couples.

In addition, there are several ways to compare insurers, including by price, total assets, total number of individual life insuran...
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Do any insurance companies offer guaranteed acceptance for life insurance? If so, which insurers offer this coverage?

Ye,s there are several insurance carriers that provide guaranteed acceptance life insurance plans.

These carriers may includes Vantis Life, Metlife, Colonial Penn, Mutual of Omaha, and AARP/NewYork Life, among others.

However, keep in mind, guaranteed approval plans have graded death benefits the first 2 years you are insured. So, you won't have full coverage immediately, but aft...
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There are many different ways to rank life insurance companies and different criteria to use.

In the insurance  industry, life insurance companies are often rated by total “admitted assets.”  That means how much money the life insurance companies have. 

Another way to rank life insurance carriers would be the number of individual life insurance policies "In Force". 

There are other ways to rank insurance carriers.  However, whether a life insurance company is the biggest, ...

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Here is a list of the highest rated life insurance companies for financial strength:

New York Life

Northwestern Mutual 

TIAA-CREF 

USAA

They all have the highest financial ratings an insurance company can achieve from the credit rating agencies.

You can visit AM Best Company, Moody's or Standard & Poor's to check on the financial strength ratings of insurance companies.

Here is a list of the Top 10 Life Insurance Companies and their financial strength ratings from AM Best ...

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Life insurance companies are rated by a number of different independent rating agencies.  

Therefore, which life insurance companies are top rated will depend on which rating system you choose to use when comparing financial strength of life insurance carriers.

Here are the leading financial rating institutions for insurance companies:

A.M. Best Company
Weiss
Moody's
Fitch
Standard & Poor's

It may make sense to use multiple rating systems to measure the insurance companies you are i...

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What is the best company for senior life insurance?

There are several highly-rated life insurance carriers offering senior life insurance plans.

When choosing your insurance company and plan make sure o find out the following:

1. What is the financial strength rating of the insurer?

2. How much will the life insurance cost?

3. When does full coverage start - immediately or after 2-3 years?

4. How long is the rate guaranteed to remain level?

5. How long will the life insurance coverage last?

There are...
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I have a life insurance policy for a non-smokers rate, and I like a good cigar every once in a while (I'm not a frequent everyday smoker). Should I be worried about having them come in and randomly test me for tobacco use?

No, there's nothing random about it. They test 100% of the time when you apply for life insurance.

However, Life insurance companies do not do "random" testing on policyholders. If you are approved for the non-smoker rate for life insurance, and then you ...

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Yes, life insurance companies may see your medical records.

If you have taken a medical exam before when applying for life insurance, the information would be available through the M.I.B. (Medical Information Bureau) which is where insurance companies share medical information about applicants for life insurance that have taken health exams.

In addition, the insurance company may request that you take a physical exam, which the insurance company pays for and they get to see the results. Also, t...
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Every life insurance company has their own set of rates for life insurance coverage based on a person's individual risk factors.

Each individual life insurance company determines it own rates based on information they currently have available to them which may include current trends, past loss experience, and future estimates of losses. 

This allows the life insurance company to offer a quality life insurance product at a competitive rate while remaining profitable.

Almost all ...

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