No, you cannot increase the amount of life insurance provided by your current life insurance policy.

However, if you need more life insurance, you may purchase an additional life insurance policy to increase the overall amount of life insurance coverage you own.

But, you would need to apply for coverage and go through the entire underwriting process as you did when buying your original life insurance plan you currently own.

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Which type of life insurance would offer the best coverage to pay for burial expenses?

A small permanent life insurance policy may bee a good option to consider since it provides lifetime protection and a limited amount of coverage; whereas, most plans offer a minimum of $50,000 life insurance, guaranteed acceptance permanent life insurance usually offers from $3,000 up to $20,000.

Permanent life insurance provides lifetime protection, a death benefit, and may offer a cash value component that ...
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A life insurance coverage amount is the amount of life insurance protection provided by your life insurance policy.

It is the amount of life insurance stated on the Declarations page (front page) of your life insurance policy.

It is the amount of coverage your life is insured for when you purchase a life insurance policy.

If you (the insured) die, the life insurance company pays out the death benefit (life insurance coverage amount) to the beneficiary of your policy.

Keep in mind, if there is an ...
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If you are considering the purchase of life insurance you may be wondering what life insurance coverage actually means.

Life insurance is a contract between the insurance company and the owner of the life insurance policy.


The owner agrees to pay a certain amount of money to the insurer on a regular basis, and in return for the premium payments, the insurer agrees to pay out a death benefit to the beneficiary of the life insurance policy upon the death of the insured person, subject to the term...
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Term life insurance policies cover the insured person.

The insured is the person named as insured on the life insurance policy.

Your life is insured in a life insurance policy.

If you die while the policy is In Force, the death benefit is paid out to the beneficiary of the insurance policy.

Usually, the insured is the owner of the policy responsible for paying the premiums to the insurer.

However, the owner of the policy may be someone other than the insured.

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Temporary life insurance isn't life insurance guaranteed to last your entire lifetime, but rather coverage that lasts for a specified period of tine, usually up to 30 years.

Temporary life is also known as term life insurance.

The "Term" of your policy is the duration of coverage.

Usually, term life plans offer coverage for a period of 10, 15, 20, 25 or 30 years.

The longer your Policy Term, the higher your rate per $1,000 of life insurance coverage.

Temporary life insurance usually costs 5-10 tim...

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If you are purchasing life insurance you may be wondering what types of death are not covered by a life insurance policy.

Usually, there are several standard exclusions to life insurance policies, which may include death resulting from war, aviation, suicide within the first two years of being insured, or if you die from a health problem you did not disclose on the application for coverage.

Learn more about what types of death are not covered by life insurance.

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Yes, life insurance coverage is meant to provide a lump sum death benefit payout to the person or persons you select as beneficiaries of your life insurance policy in the event of your death from natural causes, accidents and most diseases.

A natural death or death caused by health-related issues is covered by life insurance plans. In case the policyholder dies due to any type of critical illness or medical condition, the beneficiary(s) of the insurance policy will get the sum assured as the d...

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A coverage term for life insurance is the duration of time you have life insurance protection under a term life insurance policy.

The "Term" is the period of time your life insurance coverage will last.

Term life insurance policies offer temporary coverage lasting for up to thirty years.

However, you may be able to choose a "Policy Term" of 10, 15, 20, 25 or 30 years of coverage.

If you outlive the duration of your coverage, the life insurance protection expires.

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If you've been denied life insurance, you may be wondering why that happened?

There are many common reasons for being turned down for life insurance, including your age, health, occupation, high risk hobbies, or poor credit history.

However, even if you have been denied life insurance, you may still be able to get insured.

Some insurers specialize in covering high risk applicants, and they may offer guaranteed issue life insurance plans.

Learn more about being denied for life insurance coverage.

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What does term life insurance cover?

Term life is temporary life insurance that pays out a death benefit upon the death of the insured person during the policy term.

The types of death covered by a term life policy include natural causes, illness, and accidental death.

In addition, suicide is covered if it occurs two years after the start of the policy (one year in some states).

Learn more about what term life insurance covers.

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Yes, a term life insurance policy covers accidents.

Term life insurance pays out a death benefit if the insured person dies as a result of natural causes, medical illness, or accidental death.

However, some insurance policies may have exclusions for high risk activities; such as, sky diving or auto racing.

So, although term life plans cover accidental death, your coverage is subject to the terms, conditions, and exclusions stated in the insurance contract.

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The age that a term life insurance policy covers you to depends on your age at the time you buy your policy, and the duration or term of coverage.

For example, if you are 25 when you buy a 20-year term life policy, your coverage will remain "In Force" until you are 45 years old. But the policy expires at the 20-year anniversary of your coverage.

However, a term to age 70 policy provides life insurance protection until you reach 70 years old.

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Yes, term life insurance policies cover cancer.

If you are insured by a term life policy, and you die as a result of cancer, the death benefit would be paid out to your beneficiary.

Payment of any death benefit is subject to all terms, conditions and exclusions stated in the insurance contract.

However, unless you lied on the application for life insurance, your policy would likely pay out on death resulting from cancer.

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Today we are living through a very unique point in history, having experienced the only pandemic of the past 100 hundred years.

With so much uncertainty about the future, many of us are considering what that future holds for us and our families.

That's why many people are choosing to purchase life insurance to provide financial protection for the future of our loved ones.

But, does life insurance cover death resulting from COVID-19?

It's an important question to consider before buying life insur...

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Ecoverage life insurance is an online life insurance broker that has access to a large network of leading life insurance carriers.

Ecoverage helps to connect you with the life insurance carrier in your area that offers the best plan at the moist affordable price.

With Ecoverage you can request and compare free term life insurance quotes from over 40 of the leading life insurance carriers for savings up to 70% on your life insurance policy.

Ecoverage helps make shopping for life insurance quick a...

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If you are purchasing life insurance you may be wondering what isn't covered by a life insurance policy.

Well, life insurance pays out a death benefit to your beneficiary upon your death if you die while your policy is In Force, and subject to the terms, conditions and exclusions stated in your life insurance contract (policy).

There are several reasons why a life insurance death benefit claim may be denied, including fraud, misrepresentation of a material fact on your application for coverage,...

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If you're shopping for a life insurance policy you may be wondering what it is life insurance covers you for.

Actually, a life insurance policy pays out a death benefit to your beneficiary upon your death, subject to the terms, conditions and exclusions stated in your life insurance contract.

A covered cause of death may include natural causes, accidents and suicide, if the suicide occurs after the suicide exclusion period - usually 2 years, but one year in some states.

Learn more about what lif...

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Is there life insurance to pay off the balance on my home mortgage loan?

Yes. There are term life insurance policies available that can help to provide the funds needed to pay off your remaining balance on your mortgage should you die before it is fully repaid.

Term life allows you to select coverage for a duration of 10, 15, 20, 25 or 30 years to match the duration of your mortgage loan.

And, you can select the amount of coverage that matches the amount you currently owe on your mortgage.

The pr...

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Is there life insurance that will cover the cost of your funeral expenses?

Yes, there are guaranteed-issue life insurance plans for seniors age 45 to 85 that offer guaranteed approval without any health exam or health questions.

These life insurance policies offer up to $25,000 of coverage to pay for your funeral, burial and any related expenses.

Guaranteed approval means you can't be denied coverage due to any pre-existing health problems.

Learn more about buying a life insurance policy to cover...

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Can I buy instant coverage life insurance without taking a medical exam?

Yes, if you are healthy and qualify for coverage, you may be able to purchase no exam life insurance with coverage that starts the same day you apply for a policy.

These quick issue life insurance plans are available online and allow qualified individuals the option to apply online and begin their life insurance protection immediately upon approval.

The amount of coverage available and the pricing of the policies does vary ...

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Is it possible to buy life insurance that starts your insurance coverage today?

Yes, several life insurers now offer "Same Day" life insurance plans, which means you can start your coverage the day you apply, if you qualify.

Some insurance carriers offer from $100,000 up to $500,000 of instant coverage; however, one life insurance company offers up to $3 million of life insurance you can start today if you're healthy and qualify for coverage.

The online application process for life insurance usu...

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I need life insurance to help pay for my funeral expenses. Which is the best type of life insurance to get for funeral costs?

There are guaranteed issue permanent life insurance policies available that guarantee approval for people ages 45 to 85, and provide life insurance that lasts your entire lifetime.

With guaranteed issue plans you won't have to take any health examination, or answer any questions about your health.

If you meet the age requirements for approval, you cannot be denied coverag...
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What is life insurance for mortgages?

A term life insurance policy provides temporary life insurance protection for a specific duration, usually up to 30 years.

To protect your mortgage, you may want to choose a 15, 20, or 30 year term insurance policy to provide a death benefit to your family members should you pass away before your home mortgage loan is paid off.

The death benefit may be used to pay off the outstanding balance on your mortgage so your family members may remain in the home they...
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Yes, there are insurance companies that offer life insurance for newborns ages 14 days and older.

Some of the leading providers of child life insurance include Gerber, Globe Life and Mutual of Omaha, among others.

The cost and amount of coverage may vary by life insurance company.

One life insurer offers plans starting for as little as $2.17 per month with coverage amounts from $5,000 up to $20,000 of life insurance available for infants.

Infant life insurance coverage may build cash value inside...
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If I own a life insurance policy and die from cancer, will me beneficiary receive a payout on my life insurance death benefit?

Yes, life insurance policies usually cover natural death and accidental death, but not intentional acts.

If you answered all questions truthfully on the application for life insurance, the insurer should pay out a claim on your policy subject to any exclusions in your policy.

However, if you had cancer when you applied for life insurance, and you did not advise the insur...
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Will my life insurance policy pay out a death benefit if I die as a result of an accident?

Yes, standard life insurance policies cover accidental death and natural causes.

However, intentional acts are usually excluded from coverage.

So, for instance, suicide is usually excluded if it occurs within the first two years you are insured (one year in some states).

But, there can be exclusions for certain high risk activities or occupations.

That's why it is a good idea to review all exclusions with yo...
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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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The policy limit of a life insurance plan is the amount of coverage provided by the insurance policy.

The policy limit (amount of life insurance) should be stated on the front page of the insurance policy.

When you purchase life insurance you select the limit or amount of life insurance provided by your plan.

The higher the policy limits, the higher your annual premium (cost) of coverage.

The limits of life insurance available by an insurer will depend on your age and health, and the insurance ca...
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Term coverage is also known as term life insurance which is temporary life insurance protection for a specific period of time.

When selecting a term policy you have the flexibility of choosing your coverage to last for a period of 10, 15, 20 or 30 years, usually.

The longer your "term", the higher your annual cost of life insurance.

With level term policies you pay the same amount of premium for your coverage each year for the entire duration of your life insurance.

And, the amount of life insura...
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The need for term life coverage applies equally to income-earning spouses, and there are strong arguments for acquiring life insurance for a partner or spouse who is not drawing an income, as well.

For instance, losing a stay-at-home spouse can lead to dramatically increased child-care costs, time away from work for the surviving spouse, final expenses, the settling of outstanding debts, and these are just a few of the financial aspects of such a serious loss as the death of ...

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The lowest priced life insurance available for you will depend on the type of life insurance and which insurance carriers you use to compare life insurance rates.

One way to find the cheapest coverage is to consider term life insurance which is temporary life insurance for a period of up to 30 years. Most plans offer coverage for 10, 15, 20 or 30 years. The shorter the duration of your term life coverage, the cheaper your life insurance.

In addition, by comparing multiple term life insurance qu...
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What does life insurance cost for someone who smokes?

Life insurance for a smoker will cost between 2 to 3 times more than it does for a No-smoker for most medically underwritten life insurance policies.

If you are purchasing a No Exam life insurance plan (especially if a small, permanent, final expense life insurance policy), the rates for smokers may be only slightly higher than for non smokers.

Someone who uses tobacco other than cigarettes, for example, chewing tobacco, daily cigars, or ni...
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One life insurance policy does not cover both spouses unless you purchase a joint life insurance policy,or a survivorship life insurance policy (and then it would only pay out upon the death of the second person).

Or, you could adds a rider on your own life insurance policy to provide added coverage for your spouse.

Otherwise, the spouse will need to purchase a separate individual life insurance policy to have his/her own coverage.

Learn more about life insurance for spouses.

...
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Yes, I believe an accidental overdose is just that, an accidental death, and would be covered under your life insurance policy as a covered cause of death.

I would however expect a full investigation to rule out suicide as a cause of death if the life insurance policy is less than two years In Force.

If your life insurance coverage has been in place for more than two years, whether your death is accidental or intentional, the claim should be paid in a timely manner to your ben...

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Coverage length for a life insurance policy means the length of time that your life insurance policy will stay In effect - how long you will have the life insurance coverage. 

Usually, the coverage length of a life insurance policy is referring to how long the policy will stay in effect at a level premium (level meaning the premium is guaranteed not to go up).

The life insurance coverage length assumes that premium payments are made on time and if a policy loan is taken from t...

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Life insurance does cover death caused by cancer.

However, it is common for someone diagnosed with cancer to try to purchase a life insurance policy, and at that point in time it is very difficult to get approved coverage.

It may take as long as a couple of years to get a medically underwritten life insurance policy after a cancer diagnosis, especially if your cancer is over stage 2. It also will depend on the type of cancer, treatment needed, and effectiveness of the treatme...

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Yes, life insurance may cover death resulting from skydiving.

However, some life insurance carriers have varying degrees of expertise in underwriting different risks for life insurance; such as, skydiving, or other high risk activities.

There are some insurance companies who are very proficient in underwriting risky hobbies in general, and skydiving in particular.

You may want to contact a life insurance company that specializes in insuring high risk hobbies including skydivin...

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Yes, life insurance policies may cover skydiving accidents.

If you got a life insurance policy that did not explicitly exclude death related to skydiving, the life insurance policy will pay for death that was caused by a skydiving accident.

However, this is taking into account that you did not lie about your past and future skydiving intentions on your application when you applied your life insurance policy.

The life insurance company has a two year contestability period calle...

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Yes, life insurance policies may cover skiing.

If you are a recreational skier, there will not be any difference in your price than if you did not ski at all. Your life insurance policy should pay out a death benefit whether your death occurred by illness or accident, even if it was a skiing accident that was the cause of your death. 

Your rate for your life insurance coverage might be higher, or the skiing might be excluded as a cause of death, if you are a professional ski...

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The beneficiary of a life insurance policy makes the decision on how to spend the proceeds of life insurance.

If you wish, you can make your funeral home one of the beneficiaries of your life insurance policy, to provide the money for your funeral costs.

The remainder of the life insurance can be left to another beneficiary, and that person can use the money as they see fit, if you wish to have a higher benefit amount for your life insurance policy.

That way, you leave some mon...

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A life insurance policy may or may not cover death resulting from an overdose.

The first two years of a life insurance policy, which begins on the date of issue is called the Contestability Period.

If the overdose occurred during that 2 year timeframe, it may be investigated as a suicide.

If death by suicide is confirmed, no death benefits would be paid out, unless it occurred in a state with a 1 year suicide exclusion; such as, Colorado.

If death of the insured occurs after t...

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