Yes, you can typically buy life insurance for your grandparents, but there are some considerations to keep in mind. Life insurance for grandparents can provide financial support for their final expenses, help cover outstanding debts, or leave a legacy for the family. Here are some key points to consider:

1. Consent: In most cases, you will need your grandparents' consent to purchase a life insurance policy on their behalf. They will likely need to participate in the application process, which m...

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Getting a $30,000 life insurance policy if you're a man over 60 is a smart move. Here's how to do it:

1. Find an Insurance Agent: Start by finding a reputable insurance agent or company. You can ask friends or search online for options.

2. Assess Your Needs: Talk to the agent about your needs and why you want the policy. They'll help you figure out the right type of policy.

3. Choose the Type: Decide between term or whole life insurance. Term is cheaper but lasts for a specific time. Whole life lasts y...

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Life insurance is often associated with the young and the financially responsible, but it's never too late to ensure your loved ones are protected, even if you're 83 years old. Here's a step-by-step guide on how to purchase a $10,000 life insurance policy tailored to the unique needs and circumstances of seniors.

1. Assess Your Needs and Goals

Before diving into the process of buying life insurance, it's essential to understand your objectives. Are you looking to cover your final expenses, le...

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Life insurance is generally more challenging to obtain for someone who has cancer or any other serious health condition. Insurance companies assess applicants' risk levels before offering coverage, and pre-existing health conditions like cancer can significantly impact their decision.

When someone applies for life insurance with a history of cancer, the insurance company will likely take several factors into consideration, including:

• Type and stage of cancer: The type of cancer and its stage at...

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Can I buy death insurance for my home loan?

Yes. Many home owners buy term life insurance to provide protection on their home mortgage loan in case they die before the mortgage is fully repaid.

Usually, a home owner would select a term life policy with a policy term (duration) that matches the length of time they have the mortgage loan; such as, 15, 20, or 30 years.

In addition, you would select an amount of life insurance protection that matches the amount of money still owed on the home loan.

T...
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In most cases, you cannot directly buy life insurance for your ex-husband without his consent. Life insurance typically requires the insured person's consent and participation in the application process. As an ex-spouse, you generally don't have an insurable interest in your former spouse's life, which is a key requirement for purchasing life insurance on someone else's life.

However, if you have children together and there are court-ordered financial responsibilities or child support involved...

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Yes, you can purchase final expense insurance for your parents. Final expense insurance, also known as burial insurance or funeral insurance, is a type of life insurance designed to cover the costs associated with a person's funeral, burial, and other end-of-life expenses.

Here are some important points to consider if you want to buy final expense insurance for your parents:

1. Insurable Interest: Generally, you can buy life insurance on someone if you have an insurable interest in their life. Ins...

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To buy term life insurance for your adult children, you generally need to follow these steps:

• Research Insurance Companies: Look for reputable insurance companies that offer term life insurance policies. Consider factors such as the company's financial strength, customer reviews, and the policy options they provide.
  
• Determine Coverage Needs: Assess your adult children's financial obligations and future needs. Consider factors like their income, debts, mortgages, and dependents. This evaluation ...

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Yes, there is life insurance available for people with COPD (Chronic Obstructive Pulmonary Disease). While COPD may present some challenges when applying for life insurance, it is still possible for individuals with this condition to obtain coverage.

People with COPD may need life insurance for several reasons:

1. Financial protection for loved ones: Life insurance provides financial protection for the policyholder's beneficiaries in the event of their death. It ensures that their loved ones will ...

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When seeking the most cost-effective life insurance option for individuals over 60 years old, term life insurance emerges as the cheapest choice. Term life insurance provides coverage for a specific duration, typically ranging from 10 to 30 years. Let's explore why term life insurance is often the most affordable option for this age group: 1. Affordability: Term life insurance is generally less expensive than permanent life insurance, such as whole life or universal life insurance. The premi...

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Getting life insurance for seniors with poor health can be more challenging, but it's not impossible. Here are some steps to help you in the process:

1. Assess your needs: Determine why you need life insurance. Consider factors like final expenses, outstanding debts, or leaving a financial legacy for your loved ones. Understanding your needs will help you determine the appropriate coverage amount.

2. Research insurance companies: Look for insurance companies that specialize in providing coverage for ...

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Cremation insurance is a type of funeral insurance that covers the costs of cremation and related expenses. It is designed to help alleviate the financial burden that can be associated with funeral arrangements, and it provides peace of mind to the policyholder's loved ones by ensuring that the cremation process is carried out according to the policyholder's wishes.

Typically, cremation insurance works by the policyholder paying premiums into the plan over time, usually on a monthly or annual ...

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Yes, you may be able to purchase a life insurance policy on someone who is dying, if you have an insurable interest in that person's life.

Insurable interest means you stand to be impacted financially should the person die.

There are guaranteed approval life insurance policies available for people with health issues.

They guaranteed approval for coverage if the person to be insured meets the age requirement; for example, ages 50 to 80.

However, the death benefit is limited if the insured person d...
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Can someone considered uninsurable to get insured for life insurance?

Yes, there are life insurance plans available for people who may be uninsurable.

It depends on your age; however, some insurers offer guaranteed issue life insurance plans.

Guaranteed Issue means you cannot be denied coverage if you are of a certain age.

For example, some insurers offer guaranteed issue policies for people ages 45-75 or ages 40-80.

Also, you will not have to take any medical exam or answer any questions about yo...
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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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Yes, there are life insurance plans available for your elderly parents who are over eighty years old.

You, as an adult child, may purchase life insurance on your elderly parent, because you have an Insurable Interest in your parent, which is required in order to buy life insurance on someone else.

There are several life insurance carriers that offer life insurance policies for people over 80 years old, including United of Omaha.

For example, United of Omaha offers up to $25,000 of life insurance...
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If you are looking to find affordable life insurance protection, you'll want to review the following tips that may help save you some money when buying a life insurance policy:

• Get Insured Now - The younger you are when you buy life insurance, the lower your cost, because rates are based in part on your age.
  
• Choose Term Life - Permanent life insurance usually costs up to 5-10 times more than term life insurance because term life is temporary coverage providing insurance for 10, 15, 20, 25, 30, ...

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Can I buy no medical exam life insurance for my parents?

Yes, if you are an adult child, you may purchase life insurance on your parents.

However, you may need their approval and signature on the application for coverage.

There are no medical exam life insurance policies for seniors; such as, permanent life insurance, term life insurance, or guaranteed issue whole life insurance policies.

Whether or not your parents will qualify for coverage may depend on their age and health.

However, even if the...
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Can people over seventy-five years old get life insurance with guaranteed approval?

Yes, in fact, several life insurers offer guaranteed issue life plans for seniors.

Among the leading providers of guaranteed acceptance life insurance policies are United of Omaha, AIG, AAA, Colonial Penn and MetLife.

Seniors age 45 to 85 may be able to get up to $25,000 of life insurance with guaranteed approval from United of Omaha, for example.

However, if you need more coverage, you may be able to buy a policy...

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Are you buying your first life insurance policy?

If so, you'll want to learn a few things about life insurance before you make that purchase.

First, you'll want to ask yourself, what is my goal for my life insurance policy - what do I want it to accomplish?

Then, you want to consider which type of life insurance policy will help you accomplish your goal, and how much life insurance you'll need.

Of course, you'll want to consider your budget - how much you can afford to spend each month.

Also, you'...

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The incontestability period is the period when the life insurance company can no longer "Contest" the coverage provided by a life insurance policy.

In addition, the Contestability Period is the period where the insurance carrier has the right to deny coverage or void the insurance policy for wrong statements (material misrepresentations) provided by the insured on the application for coverage.

When life insurance is purchased, the contestability period starts the first day the policy begins pro...

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What is 40 year term insurance?

It's a type of life insurance policy that provides temporary coverage lasting for a duration of forty years.

Usually, the premiums remain level for the life of the policy, and the amount of life insurance provided never decreases.

If the insured passes away during the forty year term, the death benefit is paid out to the beneficiary of the policy.

If the insured is alive when the forty year term expires, the life insurance coverage ends with no payout.

Learn more ab...

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What is 40 year term insurance?

It's a type of temporary life insurance policy providing you with life insurance coverage that lasts for a period of forty years.

That means, if you (the insured person) dies during the forty year period, while insured by the policy, the death benefit is paid out to your beneficiary.

There are a few insurers offering term life coverage for 40 years.

However, in order to qualify you need to be healthy and age 45 or under, usually.

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How does 40 year term life insurance work?

A 40 year term life policy provides you with life insurance coverage lasting for a duration of forty years.

With 40 year level term insurance, your premiums stay the same each year, and the amount of life insurance provided by your policy never decreases during the policy term of 40 years.

With a 40 year policy you lock-in a low rate for decades, which means while the cost of everything else may be increasing due to inflation, your life insurance premiu...

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Is there life insurance for people with cancer?

Yes, if you have cancer, you may be able to get insured for life insurance.

However, it depends on several key factors, including your age, health, diagnosis, treatment, and medication, among other things.

There are some people living with cancer who may qualify for life insurance; however, your options may be limited, and the cost of a policy may be higher than expected.

But, there are some insurers that offer life insurance policies to people livi...

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When it comes to buying life insurance for your wife, there are many things to take into consideration.

Husbands may want to protect their family by purchasing life insurance on their wife so that there is no financial stress upon the passing of the wife.

Consider everything your wife does for your family, from shopping, to cleaning to cooking to running errands, to picking up the kids after school and taking them to the doctor, among all the other things she does.

Now, imagine how many hours sh...

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If you are a senior looking for life insurance, you may wondering how much life insurance to buy?

The right amount of coverage for seniors will vary by individual based on your particular goals you want to accomplish with your life insurance policy.

Some seniors may need life insurance to pay for their final expenses, while others may want life insurance to provide some money for their spouse's retirement, or their grandchild's college education.

It's usually a good idea to use a life insurance ...

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Can I buy term life insurance to protect my home mortgage loan?

Yes. In fact, many people buy term life insurance to pay off their home mortgage loan in case they die.

You can name your spouse, partner or family member (you choose) as beneficiary to receive the proceeds from your life insurance policy, and the beneficiary may use the money to pay off the remaining balance on the mortgage so they can remain in your home after you die.

You'll want to select a duration of coverage that matches the ...

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A.M. Best is the most experienced rating agency for insurance companies, having been in business since 1906.

Its Financial Strength Rating is recognized worldwide as the benchmark for assessing and comparing the financial stability of insurance companies.

The Top Ratings for Life Insurance:

1. A++ and A+ (Superior) — Assigned to companies that have, in A.M. Best’s opinion, a superior ability to meet their ongoing financial obligations to their life insurance policyholders.
   
2. A and A- (Excellent) �...

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What are life insurance premium payments?

Premiums are the price you pay to the insurance company in return for the life insurance coverage provided by the insurer.

Usually, you may choose one of several payment options or modes of payment: Monthly, Quarterly, Semi-Annual, or Annual payments.

Make sure you pay your premiums on time so you don't let your life insurance policy coverage lapse, which would put your insurance in jeopardy of no longer being In Force.

You can set up automatic premium pa...

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A waiting period for life insurance can be one of two things:

The period of time before your life insurance coverage begins.
The period of time before you have 100% full death benefit protection.

Usually, a life insurance policy begins coverage once you have applied for your policy, been approved by the insurer, and paid your first premium payment.

However, you may or may not have full death benefit coverage from day one of your life insurance policy being In Force.

Traditional life insurance plan...

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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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Do both spouses need life insurance protection?

That depends on your situation; however, if you rely on both spouses for income, or taking care of the household, it may be a good idea to have life insurance on both spouses.

Even if you have a stay-at-home spouse, or a spouse that doesn't earn an income, everything your spouse does for your family would need to be taken care of should that spouse pass away.

And, you would have to pay someone to do those tasks; such as, running errands, grocery sh...

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The length of time it takes to get life insurance will depend on the insurance company and the type of life insurance policy you need, in addition to your personal health.

The traditional type of whole life insurance policy requiring a medical exam may take up to 4-6 weeks for you to get insured.

This may vary depending on the medical record requirements based on your health, and how long not takes to receive those records from your Doctor.

There are other types of policies available, including ...

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The "Term" of a term life insurance policy is the period of time you are insured.

This is the length of time you pay premiums on your life insurance.

However, if you pass away during the "Term" of your life insurance coverage, the insurance ends, and the death benefit is paid out to your beneficiary, and there are no more premiums to pay on the policy.

If you outlive the duration of your coverage term, the life insurance expires, and you pay no more premiums.

Learn more about how long you pay for...

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Is there burial insurance for parents over 80 years old?

Yes. Adult children may purchase burial insurance policies for their parents who are over 80 years old.

In fact, one highly-rated insurer offers up to $25,000 of guaranteed acceptance life insurance for people ages 45 to 85 years old.

Many adult children buy guaranteed issue life insurance plans on their parents to provide the funds needed to pay for their burial and funeral costs.

Here's how to get burial insurance for parents over 80 year...

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Usually, the insured takes out the life insurance policy on themselves and pays the premiums on the policy, either monthly, quarterly or annually, to the insurance company.

The named insured person of the policy should be someone family members depend on for financial support; such as, living expenses, so that if the insured dies, a life insurance policy replaces their financial support.

The insured is the person listed on the policy whose death prompts the death benefit payout to the benefic...

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The death benefit is the amount your beneficiaries will receive from your life insurance policy upon your death. This is paid out if the coverage was "In Force" at the time of your death.

The insurance face amount is the sum that a life insurance policy will pay upon the occurrence of a qualifying event – Death of the Insured Person.

The name comes from the fact that this amount is typically shown on the "Face" or top sheet of the life insurance policy.

The average face amount of individual l...

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Usually, term life insurance plans are available for a duration of up to 30 years.

Many insurers offer term life plans for a period of 10, 15, 20, 25 or 30 years of protection.

However, the maximum duration of term insurance may be limited based on your current age.

For example, a 70 year old may be able to get up to 15 years of term life coverage; whereas, a 30 year old may purchase up to 30 years of term insurance.

Learn more about how long term life insurance is good for.

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Can you extend your term life insurance coverage?

Yes, it's called renewable term life insurance, which allows you to renew your current policy for a period of up to 10 years.

However, if you choose to renew your coverage, your renewal term life policy will cost more. The new premium will be based on your age at time of renewal.

But, you will not be required to take a medical exam to qualify for the real policy.

Learn more about how a term life insurance extension works.

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How long does term life insurance last?

The duration of a term life policy will depend on the "Policy term" you select when you purchase your coverage.

Usually, term life lasts up to 30 years; however, you may be able to select a policy term of 10, 15, 20, 25 or 30 years, depending on your age and health.

The policy term should be in line with your need for coverage to meet your goal of what you want your life insurance policy to accomplish; such as, a 30 year term policy to protect your 30 year...

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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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Does Life Insurance Pay for Funeral Expenses?

Yes, the death benefit from life insurance can be used to pay for your funeral expenses.

When buying a life insurance policy, you select a beneficiary, and that person may use the death benefit proceeds from your life insurance to pay for your funeral.

Life insurance for funeral costs provide the security your family needs, when they need it most.

Learn more about buying life insurance for funeral expenses.

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Term life insurance offers the most affordable life insurance protection, lasting for a period of up to thirty years.

You can purchase term life coverage on yourself, your spouse or partner, and on your children.

You may be able to add coverage for your children to your own term policy, through the process of adding a rider for child coverage, for which you pay an additional premium.

Learn more about buying term life insurance for your family.

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If you need life insurance to provide protection for your family for a period of twenty years, you'll want to consider term life insurance with a 20 year term.

This means you have life insurance protection that will last for a duration of 20 years.

The premium you pay for your life insurance p-policy will remain the same each year you are insured.

In addition, the amount of life insurance provided by your policy remains level, never decreasing throughout the life of your 20 year term life plan.

I...

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Can I buy life insurance for my ill parent?

Yes, an adult child may purchase life insurance on his/her parent, because the adult child has an insurable interest in his/her parent.

If your parent is ill, there are Guaranteed Issue life insurance plans available for people between the ages of 45 to 85 years old.

Guaranteed Issue means your parent cannot be turned down for coverage due to his or her health.

As long as your parent meets the age requirement, you may purchase life insurance on an ill p...

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How can I shop for term life insurance?

Actually, it's easy to shop and compare term life plans and pricing online from among several of the leading life insurance carriers by visiting a life insurance website and requesting your free quotes.

It's simple, you just fill out a quote request form on a life insurance website and instantly see the lowest prices available from leading life insurers.

Then, you can review the coverage options and apply for a policy.

There are even no exam term life polic...

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Is there term life insurance you can buy for your family?

Yes. You can buy term life insurance policies and you and your spouse.

In addition, you can add your children to your own term life insurance coverage using a Child Rider endorsement that provides a minimal amount of coverage for each child.

Learn more about term insurance for your family.

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If so, you'll want to learn how term life works and how you can save money when shopping for an affordable term life policy to protect your loved ones.

Term life is a type of life insurance plan that provides temporary coverage lasting for a period of up to thirty years.

The longer your policy duration (term), the higher your annual cost of insurance.

Learn more about how to look for a term life insurance policy.

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Can I buy term insurance for life?

Actually, term insurance is temporary life insurance coverage that lasts for a specific period fo time, usually up to thirty years.

You can choose a policy term (duration) of 10, 15, 20, 25 or 30 years of protection.

If you find you need life insurance beyond the expiration date of your term life policy, you may be able to renew your coverage for an additional term, usually of up to 10 years.

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Is there life insurance with guaranteed approval for people age 45 and over?

Yes, in fact, one highly-rated life insurance carrier offers guaranteed acceptance life insurance policies for people ages 45 to 85 years old.

Guaranteed Issue means you won't have to take a medical exam or answer any health questions - your approval for life insurance is guaranteed, if you meet the age requirements.

However, the maximum amount of life insurance available with Guaranteed Approval is usually limited to a...

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Can an 81 year old get life insurance with guaranteed approval?

It depends on which insurance company you use for coverage.

Some insurers only offer guaranteed coverage to people ages 45-75 or 40-80 years of age.

However, United of Omaha offers guaranteed approval life insurance for people ages 45 to 85.

With guaranteed life insurance plans you won't have to answer any questions about your health or take any medical exams.

Your approval for life insurance is guaranteed if you meet the age requirem...

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Are You a Diabetes Patient Looking to Purchase a Life Insurance Policy?

If so, did you know you can get life insurance if you have either Type 1 or Type 2 diabetes, providing your diabetes has been under control for a period of at least 6 to 12 months?

You can also get life insurance if you are insulin dependent.

Today, even if you are insulin dependent, you may be able to find affordable life insurance for diabetics through a highly-rated life insurance company that specializes in finding dia...

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What is the cheapest type of life insurance available for adults?

It's called "Term Life Insurance" because it provides temporary life insurance protection lasting for a set period of time, usually up to 30 years.

With term life, you may choose a policy term of 10, 15, 20, 25 or 30 years of protection depending on how long you need your life insurance to last.

Term life is "Pure Protection", meaning it only provides a seat benefit, there is no cash value or investment feature with term insurance...

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It depends on the type of life insurance plan you purchase.

A term life insurance policy is for life, if you pass away during the duration of your policy term, which is 30 years or less for term life coverage.

However, permanent life insurance (which costs a lot more) provides lifetime protection, no matter how long you live.

So, make sure you consider how long you need your life insurance policy to last in order to accomplish your goals, before choosing a plan.

Learn more about "Is Life Insuranc...

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Is there life insurance available for people age 70 and over?

Yes, in fact, people in their seventies may be able to purchase term life, permanent life, or guaranteed issue life insurance policies depending on their age, health and the requirements for approval of the insurers.

Even if you have been turned down for life insurance from other insurance carriers, you may still be able to get insured for life insurance in your seventies.

Learn more about life insurance for 70 plus.

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Is there term life insurance for a housewife?

Yes, housewives can get affordable term life insurance coverage online.

If you are a housewife, you may be considering the purchase of a term life insurance policy to help provide financial security for your loved ones should you pass away unexpectedly.

Many housewives choose to buy a 10, 15, 20 or even 30-year term life insurance coverage to make sure their families are taken care of in their absence.

Whether you are starting a family or you have gro...

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Life insurance is a type of financial protection that pays out a death benefit upon the death of the insured person, subject to the terms, conditions and exclusions stated in the insurance contract.

Life insurance pays out a death benefit if the insured person dies from a covered cause of death, including natural causes, illness or accidental death.

Yes, life insurance pays if the insured dies from natural causes.

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Yes. There are guaranteed issue life insurance plans available for people between the ages of 45 to 85 years old.

Guaranteed issue means you cannot be turned down for coverage if you meet the age requirements.

So, even if you have health problems or have been denied life insurance from other insurers, you can still get insured.

But, these plans usually come with graded (limited) benefits the first 2 years you are insured.

Learn more about getting life insurance on someone who is dying.

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If you are the beneficiary of a life insurance policy, you may use the proceeds (death benefit) from the life insurance in any way you choose.

You could spend the money on paying for the burial of the insured person. Or, save the money.

Many people use the death benefit to replace the income of the insured.

But it's really up to you as beneficiary to choose how you wish to use the money you receive from the payout on a life insurance policy.

Learn more about what life insurance pays for.

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What is the best life insurance for new parents?

If you are new parents you may be considering the purchase of life insurance to provide financial security for your newborn.

However, there are two basic types of life insurance to choose from for providing the financial security your growing family needs.

You may choose between term life and permanent life insurance.

However, if you're on a budget, you'll want to look closely ate term life insurance, which offers the most affordable coverage by fa...

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It's a life insurance policy used to provide protection for your family in case you die before your home mortgage loan is fully repaid.

You can purchase a term life insurance policy that will provide your loved ones with the money necessary to pay off the remaining balance owed on your mortgage should you die.

You can select a term life policy in the amount you currently owe on your mortgage.

In addition, make sure you select a policy "Term" (duration of coverage) that matches the length of time...

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If you're in poor health and in need of life insurance coverage, you may want to learn about life insurance with guaranteed acceptance.

Guaranteed acceptance life insurance plans guarantee your ability to get insured, even if you have pre-existing health problems, or have been denied life insurance form other insurers.

People between the age of 45 to 85 years old can get guaranteed life insurance coverage with no health exam required, and no health questions asked.

Here's how to get life insuran...

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Can I buy life insurance for my parents?

Yes. if you are an adult, you may purchase life insurance on your parent or parents.

Many adult children choose to purchase life insurance on their parents so there are funds available to pay for the final expenses for their parents.

And, even if your parents have pre-existing health issues, they can get insured with guaranteed issue life insurance coverage.

You can purchase life insurance on your parents, pay the premiums, and name yourself as the benefic...

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If you're considering the purchase of term life insurance, then deciding how long you need your term policy to last is one of the most important questions to consider before selecting a policy.

Make sure you figure out your longest financial obligation you want to protect with your life insurance, and then choose a policy duration (term) that helps you accomplish that goal.

Learn more about how long your term life insurance should last.

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How to find the most affordable quotes for life insurance?

If you want to get the best pricing on your life insurance you'll want to compare free, instant term life insurance quotes online from several of the leading life insurance carriers in America.

You can do this by visiting a life insurance website and filling out a Quote Request Form.

Most life insurance websites offer free quotes on life insurance.

By comparing prices for term life insurance, you can quickly and easily fond the most affor...

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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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Is there funeral expenses insurance available for people over eighty years old?

Yes. In fact, there are guaranteed issue permanent life insurance policies available that can provide the funds needed to pay for your final expenses, including the cost of your funeral and burial expenses.

Guaranteed approval means you cannot be turned down for coverage if you meet the age requirements for approval.

For example, one highly-rated insurer offers guaranteed issue funeral insurance plans for people betw...

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Is there burial insurance available in Texas for senior citizens?

Yes, in fact, several insurers offer burial expense insurance plans in the State of Texas, including United of Omaha, Colonial Penn, AARP/NewYork Life, MetLife and AIG, among others.

There are guaranteed issue life insurance plans available for seniors age 45 to 85 that offer up to $25,000 of insurance coverage with guaranteed approval, regardless of your health.

Here's how to get burial insurance for seniors in Texas.

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Is there final expense insurance available to pay for the cost of cremation?

Yes. In fact, several insurers now offer small life insurance policies with coverage amounts ranging from $3,000 up to $20,000 or more to help cover the cost of your final expenses.

These plans usually offer guaranteed approval for seniors which means you cannot be turned down for coverage if you meet the age requirements for approval.

And, there's no health exam required and no health questions asked.

If you don't have ...

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It's the plan that meets your needs and accomplishes your goals.

You'll want to find the plan that offers the most affordable price from a highly-rated insurance company.

Make sure to consider how long you need your coverage to last and how much life insurance you really need.

You'll want to compare multiple life insurance quotes from several of the leading life insurance companies to help you find an affordable plan from a reputable carrier.

Learn more about finding the best term life insurance ...

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Can I buy life insurance for my mortgage loan?

Yes. Many people use term life insurance policies to help them protect their mortgage loan in case they die before it is fully repaid.

You can select an amount of life insurance that matches your outstanding mortgage loan balance, and choose a policy "Term" (duration) for coverage that matches the duration of your mortgage loan - usually 10, 15, 20, 25 or 30 years.

And, name your spouse or family member as beneficiary of your term life insurance pol...

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Is there any life insurance for people with kidney failure?

Actually, although kidney failure is a high risk for life insurers, there may be ways to get insured.

First, you'll want to ask your employer about your group life insurance plan - these usually cover all employees, regardless of health.

Also, there are guaranteed issue life insurance plans available for people between the ages of 45 to 85.

If you meet the age requirements, you are guaranteed approval, as long as you can pay the premiums...

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If you are considering the purchase of a term life insurance policy, you probably need protection lasting for a period of thirty years or less.

Term life is temporary protection which means it lasts for the duration of your policy "Term". A term for term life coverage may be for 10, 15, 20, 25 or 30 years, usually.

Many people buy term insurance to provide protection for their family to replace their income, pay off the mortgage loan, or other debt they leave behind.

Term life offers the lowest ...

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Is there any cheap life insurance available for families?

Yes. Term life insurance is by far the cheapest type of life insurance available.

Term life offers low cost coverage lasting for a period of up to 30 years.

You can buy term life insurance plans on yourself, your spouse and your children.

Or, you could buy a term life insurance policy on yourself and add riders to your policy to provide coverage for your spouse and children.

Learn more about how to find cheap life insurance for families.

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If you’re a 65 year old male looking for life insurance coverage you basically have a few options that may meet your needs.

Term life will offer you the most coverage at the lowest price; however, term plans may be limited to a duration of 10, 15 or 20 years, due to your age.

Permanent life insurance will cost a lot more; however, it provides you with lifetime protection no matter how old you live to be.

In addition, there are guaranteed issue life insurance policies available to anyone age 45...

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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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Are you wondering if guaranteed life insurance is right for you?

It may be, but it depends on your situation.

Guaranteed issue life insurance means you cannot be turned down for coverage if you meet the age requirements and can pay the premiums.

So, if you have health problems, or you have been turned down for life insurance, or you are over 75, it may be an option to consider.

These plans are available for people ages 45 to 85 years old.

Find out if guaranteed life insurance is right for you.

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If you are an adult child you may purchase burial insurance on your Mother, because you have an insurable interest in your Mom.

Burial insurance provides a death benefit payout upon the death of the insured person (Your Mom).

Upon your Mother's passing, the death benefit from the burial insurance will be paid to the beneficiary (You) which can be used to cover the cost of your Mom's burial and related expenses.

There are guaranteed issue burial insurance policies available, so even if your Mom ...

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Can young adults get term life insurance quotes online?

Yes, there is term life insurance available for young adults.

And, you can get free, instant term life quote comparisons in just a minute or two by visiting a life insurance website, filling out a Quote Request Form, and instantly receiving your price comparisons.

Many life insurance websites offer term life insurance quotes. And, there's no hassles or delays to get your free quote comparisons.

By comparing quotes for term life insurance onl...

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Yes, if you are an adult child, you may be able tp purchase a life insurance policy on your father.

Adult children have an Insurable Interest in their parents.

In order to buy life insurance on someone else, you need an Insurable Interest in the person you wish to insure.

Many adult children buy life insurance on their parents to make sure there is money available to pay for their parents' final expenses.

Learn how to buy life insurance for your Dad.

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Can I buy life insurance on my parents who are over 75 years old?

Yes, adult children have an Insurable Interest on their parents, which is required in order for someone to buy life insurance on another person.

In addition, there are guaranteed issue life insurance policies available for people ages 45 to 85, without any health exams or health questions asked.

Here's how to buy life insurance for parents over age 75.

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Yes. There are life insurance plans available for older people, whether they are in good health or have health issues.

The elderly may qualify for permanent life insurance which provides lifetime protection, or term life insurance which provides life insurance for a specific number of years.

In addition, there are Guaranteed Issue life insurance policies available for people between the ages of 45 to 85 years old.

Guaranteed issue policies offer guaranteed approval for anyone who meets the age r...

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Yes. There are life insurance policies that offer Guaranteed Approval for anyone who meets the age requirement.

Since you are an adult child, you have Insurable Interest in your parents, and that means you may purchase life insurance on them.

Some insurers offer guaranteed issue life insurance for people between the age if 45 to 85 years old.

These guaranteed issue policies do not require any health exam, and your parents won't have to answer any questions about their health.

Here's how to buy li...
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Can I get life insurance quotes for term insurance online?

Yes. Actually, most life insurance websites offer you the option to request free quotes for term life insurance coverage.

You can compare pricing on term insurance by visiting a life insurance website, filling out the questions asked on the quote request form, and clicking on the button to instantly see the lowest pricing available from a network of leading life insurance carriers.

It's quick and easy - it takes less than one minute to f...

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Can elderly people over 80 years old get burial insurance?

Yes, there is a highly-rated life insurance company that offers guaranteed issue burial insurance plans for people between the ages of 45 up to 85.

You can request a free burial insurance quote online today.

You may choose from $3,000 up to $25,000 of coverage. There are no exams or health questions asked.

Here's how to get burial insurance quotes for seniors over 80 years old.

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Can I buy burial insurance for my mother?

Yes, an adult child has an Insurable Interest on his/her mother and would be able to purchase burial life insurance coverage on her.

Many plans are available without any exams or health questions asked.

You can request a free burial insurance quote online and apply for coverage on your mother.

Here's how to buy a burial insurance policy for your mother.

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Yes, if you are married, you may purchase life insurance on your wife.

Married couples have an Insurable Interest in one another.

Insurable Interest is required if you wish to insure someone else.

Many husbands buy life insurance policies on their wives to replace their income, or to cover the cost to hire someone to perform all of the work a wife may do for her family.

Learn more about buying life insurance on your wife.

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Can I buy life insurance without exams for my parents?

Yes. There are no exam life insurance policies available for adults, which adult children may purchase for their parents.

Many adult children buy life insurance for their parents to cover final expense costs, or provide for the future of their children or grandchildren.

There are guaranteed issue no exam life insurance policies available for people ages 45 to 85.

So, even if your parents have health problems, or they have been denied life ins...

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Is there burial insurance coverage I can purchase for my parents?

Yes. There are burial insurance plans available from several different insurance carriers, including United of Omaha, Gerber, AIG, MetLife, and Colonial Penn, among others.

And, adult children may purchase burial life insurance on their parents, because they have an insurable interest in their parents, which is required in order to buy life insurance on someone else.

Most burial insurance policies offer guaranteed acceptance for a...

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Can people over seventy years old get insured for life insurance?

Yes. In fact, people over 70 may be able to choose from term life, whole life or guaranteed issue life insurance plans.

Term life is temporary coverage offering life insurance lasting for a term (duration) of 5, 10, 15 or 20 years for people over 70.

Whole life offers lifetime protection, builds cash value inside the policy over time, and costs a lot more than term insurance.

Guaranteed issue life insurance offers guaranteed covera...
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Yes, adult children may purchase life insurance plans on their parents.

However, if your parents are old, they may be in need of guaranteed issue life insurance coverage, especially if they have health issues, or they are over 75 years old.

Guaranteed issue policies guarantee your parents acceptance for coverage regardless of their health.

Learn more about how to buy life insurance for elderly parents.

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Can I purchase $10,000 of affordable term life insurance coverage?

Actually, it may come as a surprise that many insurance companies only offer a minimum of $25,000 or $50,000 of term life insurance. 

Few insurance carriers offer less than $25,000 of term life insurance coverage.

However, Globe Life offers $5,000 up to $100,000 of term life protection.

They do offer $10,000 term life insurance policies.

However, your premiums will depend on your age, gender, health and the state in which you live;...
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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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Yes, there are whole life insurance plans, also known as, permanent life insurance policies, offered to senior citizens.

These permanent insurance plans provide guaranteed lifetime protection as long as the premiums are paid on time.

They provide a death benefit payout upon the passing of the insured person. These whole life plans also build up cash value inside the policy over time, which is available as a loan if needed.

Your premiums remain level, and your coverage does not expire. The amount...

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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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Can I buy life insurance to pay off my debt?

Yes, you may purchase term life or permanent life insurance, and the proceeds may be used by your beneficiary to pay off any debt you leave behind upon your death.

Many people use life insurance to provide their loved ones with the funds needed to pay off their remaining debt.

For example, 20 or 30 year term life insurance is often used to provide mortgage protection, so your family has the money needed to pay off the mortgage loan should you die befo...

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Yes, adult children with an insurable interest in their parents may purchase funeral insurance policies for their parents.

Insurable interest is required in order to buy life insurance on someone else.

Insurable interest does exist between parents and their adult children.

There are guaranteed issue funeral insurance policies available for your parents if they are between the ages of 45-85.

That means there is no doctor exam required, and you won’t have to answer any questions about the health ...

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What is the best non term life insurance coverage for people over 60 years old?

The only option for non term coverage would be permanent life insurance.

Permanent insurance provides guaranteed lifetime protection as long as you pay your premiums on time.

These plans provide a death benefit, and they build cash value inside the policy from which a loan may be taken in the future.

However, permanent life insurance usually costs up to 5-10 times more than the same amount of term life insurance.

In ad...
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Can I purchase a life insurance policy on anyone I choose to insure?

No. In order to buy life insurance on someone else, you must have an Insurable Interest in that person, and you need their permission in order to take out life insurance on them. The insurance company may also require the person's signature on the application for life insurance.

Insurable Interest means you either rely on the person for some means of financial support, or that you would suffer a financial loss should the perso...
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The grace period for a life insurance policy is the time after a missed insurance premium is due, where a life insurance policy will not lapse even though the payment is past due.  It means, you still have your life insurance coverage In Force.

The grace period of a life insurance policy is mandated by every state in the United States.

The Minimum Grace Period usually varies from 28-31 days depending on individual state laws, but some life insurance carriers may give longer grace periods.  

The...

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It really depends on your situation.

First, how much money did you put down when you purchased your home?

If you are putting down less than 20% for a down payment on your home, then you may be required to purchase PMI insurance, to protect the lender.

However, if PMI is not required, then you may not need life insurance.

But, it is a good idea to have some life insurance to make sure your loved ones have the money needed to pay off the outstanding balance on your home mortgage loan in case you d...

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If you're shopping for a life insurance policy you may be wondering why people choose to buy term life insurance protection. It's actually very simple.

Term life is temporary coverage lasting for up to 30 years, and offers the lowest prices on life insurance.

So, if you need your life insurance protection for a period of 30 years or less, term life is the option for you.

Permanent life insurance provides lifetime protection, but costs up to 5-10 times more than the same amount of term life insu...

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Is there guaranteed issue life insurance available for senior citizens?

Yes, in fact, one highly-rated insurance carrier offers life insurance with guaranteed approval for people ages 45 to 85.

Guaranteed issue plans offer guaranteed approval if you meet the age requirements for acceptance.

So, even if you have health problems, or you have been declined for coverage by other insurers, you can still get insured.

Here's how to buy guaranteed acceptance life insurance for senior citizens.

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Can people over 80 years old get death insurance coverage?

Yes, there are life insurance policies available to insure people over 80 years old.

These senior life insurance plans are available for people ages 45 to 85 and offer Guaranteed Approval with no health exam required and not health questions asked.

You may choose up to $25,000 of life insurance coverage, and request a free quote online for your policy.

Even people with health issues can get insured. 

Here's how to get death insurance for s...

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If you're shopping for a term life insurance policy you may be wondering if you qualify based on your age.

There are certain age limits on term insurance plans which limit the length (duration) of coverage you may qualify to buy based on your age.

For example, while a 50 year old may be able to buy a 25 or 30 year term life plan, a 75 year old may be limited to 10 years of term life coverage.

Learn more about the age limits for term insurance policies.

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Term life insurance policies usually requires the applicant for life insurance to take a health examination which is paid for by the insurance carrier.

Usually, you would need to take a life insurance health exam for any of the following reasons:

• Over Age 30
  
• Over $50,000 of Life Insurance
  
• Declined by Other Life Insurers
  
• Use Prescription MedicationUse Tobacco
  
• Have a Pre-Existing Health Condition
  
• History of Drug or Alcohol Abuse
  
• Poor Driving Record – DUI’s
  

Keep in mind, taking a medical examination ...

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Can diabetics get life insurance with guaranteed approval?

Yes, there are insurance policies available for diabetics that provide guaranteed approval, as long as you meet the age requirements.

Guaranteed issue life insurance plans have varying age requirements, depending on the insurer.

For example, some insurers may offer guaranteed coverage for diabetics age 45-75, 40-80, 45-85 or 50 to 85.

The amount of life insurance coverage available from any one guaranteed issue plan may be limited to a m...

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If you're looking to purchase affordable senior life insurance coverage you'll want to learn about term insurance, because it offers by far the lowest-priced life insurance available for senior citizens.

In addition, comparing pricing from among several life insurers will help you quickly decide which insurer offers the most affordable coverage.

Keep in mind, the longer your life insurance policy "term" (duration), the higher your annual cost of insurance.

Seniors may be able to choose a term li...

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Can senior citizens buy life insurance for the cost of cremation?

Yes, there are cremation life insurance policies available for seniors.

In fact, you may buy a life insurance policy with guaranteed acceptance for anyone age 45 to 85 that offers from $2,000 up to $25,000 of life insurance coverage which can be used to pay for cremation and any related expenses.

An, even if you have a pre-existing health problem, you can get insured.

Here's how to get cremation insurance for seniors.

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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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Are there any life insurance plans I can purchase that will last for a specific duration?

Yes, it's called temporary life insurance, also known as term life insurance, which provides protection lasting for a specific number of years.

Most term life plans offer coverage you can choose to last for a term (duration) of 10, 15, 20 or 30 years.

The longer your policy "term", the higher your annual premiums for life insurance.

However, the length of your policy term may be shorter for seniors. For exam...

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What is mortgage protection death insurance?

It's a type of life insurance policy that pays out a death benefit upon the death of the insured person who holds a mortgage on his/her own home.

The death benefits paid out on the mortgage insurance are used to pay off the outstanding balance on the home loan if the insured person dies.

There are different types of insurance available to protect your mortgage loan.

Learn more about mortgage protection death insurance plans.

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Is there life insurance for people over 50 years old?

Yes, in fact, there are several types of over 50 life insurance plans available, including term life insurance, permanent life insurance and guaranteed issue life insurance.

The cheapest type of over 50 life insurance plan is term life which offers temporary coverage for a duration of 10, 15, 20, 25 or 30 years.

Permanent life insurance cost a lot more, and provides lifetime protection, as long as you pay your premiums. It also builds some ca...

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Is there life insurance available for people over 65 years old?

Yes, a 65 year old may qualify for term life insurance, whole life, or choose guaranteed issue life insurance plans.

The cheapest type of life insurance coverage for 65 year olds would be term life, because it offers temporary protection, usually up to 10 or 15 years, for people over 65.

Whole life insurance is much more expensive because it provides lifetime protection, as long as you pay your premiums.

And, if you have a pre-existi...

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The cheapest type of life insurance policy without any health exam required is term life insurance.

Term life is the cheapest type of life insurance policy because it provides temporary coverage lasting for a period of up to thirty years.

You may choose a "Term" of coverage or your policy from 10, 15, 20, 25 or 30 years.

The shorter your life insurance policy "term", the lower your annual cost of life insurance protection.

In addition, the lower your amount of life insurance, the lower your annua...

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Can I buy life insurance policies on my parents?

Yes, if you are an adult child, you have an insurable interest in your parents, and you may purchase life insurance for your parents.

Whether you are looking for a small life insurance policy to provide funds needed for final expenses (burial and funeral costs) on your parents, or you need something larger to help pay for childcare for your kids, should your parents pass away, it's possible for adult children to insure their parents for life insu...
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If you're shopping for a life insurance policy, you may be wondering if term life insurance is right type of coverage for you.

That's a good question. You want to make sure you choose the right type of life insurance protection.

There are two basic types of life insurance: Term and Permanent.

Permanent life insurance costs a lot more, but it does build some cash value inside the policy, and to does provide guaranteed lifetime protection as long as you pay your premiums on time.

Whereas, term life...

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Can seniors over 70 get term life insurance?

Yes, there are term life insurance policies available for seniors age seventy and over.

However, the length of coverage may be limited to 5 or 10 years, depending on your age and your health.

If you have health issues, there are guaranteed issue whole life insurance plans available for people ages 45 to 85.

Learn more about buying term life insurance for seniors over 70 years old.

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Yes, even if you are a senior with major health issues, you may still be able to purchase life insurance.

Although many life insurance plans may decline a senior with pre-existing health issues, there are guaranteed issue life insurance plans offered to people age 45 to 85.

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

And, you won't have to take any medical exam, or answer any questions about your health.

However, these guaranteed issue life insur...

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Can people age 75 and over get whole life insurance coverage?

Yes, in fact, you may be able to get whole life insurance plans up to age 85 through some insurance companies.

However, most life insurance policies offered at that age are guaranteed issue, which means you cannot be turned down for coverage due to any health problems.

And, guaranteed plans do not require you to take a health exam, or answer any questions about your health.

However, these guaranteed issue whole life insurance plans usu...
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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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Can I get death insurance to cover the cost of my funeral expenses?

Yes, there are life insurance policies (also known as death insurance) that can provide the money needed for your loved ones to pay for your burial and funeral expenses.

Usually, these are whole life policies with guaranteed approval for anyone who meets the age requirement.

Since they offer guaranteed approval, there is no health examination required and no questions asked about your health.

The average cost of a funeral and bur...

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Can someone living with agoraphobia get insured for life insurance?

That depends. Your age and your health will impact your ability to get insured; as well as, the insurance company you apply to for your policy.

Some life insurance carriers may insure people with mental health illnesses and panic disorders, while others may not.

In addition, there are some guaranteed-acceptance life insurance policies available for anyone who meets the age requirements for approval. Some guaranteed plans are ava...

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Is there life insurance for people bound to a wheelchair?

Yes, there is life insurance available to people who are in a wheelchair.

However, several factors may impact your ability to get insured for life insurance.

Your age, health and management of your health issues will affect your ability to get insured.

In addition, there guaranteed life insurance policies available for anyone who meets the age requirements for acceptance.

For example, one highly rated life insurance company offers guarantee...

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Can people with poor health get insured for life insurance?

Yes, there are high risk life insurance companies offering fully underwritten life insurance, and there are life insurance carriers offering guaranteed issue life insurance.

Guaranteed life insurance means you will not be denied coverage due to any health issues, if you meet the age requirements for approval; for example, age 45 to 85.

Here's how to get life insurance for someone with poor health.


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If you have been turned down for life insurance because of medical reasons, you may be wondering how you can get insured.

Don't worry, there is another answer. In fact, there are life insurance plans that even offer "Guaranteed Acceptance" - which means you can't be denied coverage due to any health problems.

As long as you meet the age requirements, you can get insured. These plans do offer a limited amount of life insurance protection, usually $25,000 or less. 

If you need more life insurance ...

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Yes, if you are married you can buy life insurance on your spouse, (with his or her knowledge), because you have an insurable interest in your spouse.

Buying life insurance to replace a spouse's income is one of the most common reasons people choose to purchase life insurance coverage.

You are choosing to provide financial security for your family should your spouse pass away, by insuring his (her) income with life insurance.

That way, your family can maintain their standard of living and have f...
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Can I buy life insurance to cover my burial and final expenses?

Yes, there are smaller life insurance plans available that provide enough money to cover the cost of your final expenses, including your funeral and burial. among other end of life expenses.

These plans are also known as burial insurance, funeral insurance, or final expense insurance.

Many of these burial life insurance plans offer guaranteed approval, which means you cannot be turned down for coverage if you meet the age requiremen...

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Is there life insurance available for people age 50 to 85 years old?

Yes, there are term life insurance policies available which offer temporary coverage for a specific number of years (up to 30 years), and there are permanent life insurance policies that provide guaranteed lifetime protection.

In addition, there are guaranteed life insurance policies which may be a good option for anyone over 80, or with a health problem, or someone who has been turned down for life insurance from other insura...

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End of life insurance is a type of life insurance plan that provides protection to help pay for your end of life expenses.

End of life expenses may include your cost of a burial plot, basket, headstone, funeral, burial, memorial service, transportation, flowers, embalming, etc.

It's a way to make sure your loved ones aren't stuck with the financial burden of paying for your funeral and burial upon your passing.

Learn about end of life insurance plans and how to get insured even if you have healt...
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What are the advantages of having a life insurance plan on my child?

Children's life insurance policies provide several benefits, including:

• Proceeds from the death benefit can be used to pay for final expenses.
  
• Build cash value inside the policy over time.
  
• Guaranteed lifetime life insurance protection.
  
• A loan may be taken from the cash value in the policy.
  
• Level rates guaranteed to remain the same for the life of the policy.
  
• Option to increase coverage when your child reaches adulthood.
  

Here's how y...

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If you have a brother who is in ill health, has no money saved, or owes you money, you may be wondering if you can buy burial insurance on him.

Today, many siblings are purchasing life insurance on their sibling to help cover the cost of their brother or sister's final expenses, including a funeral and burial.

These costs can exceed $8,000 and create financial stress upon the passing of your brother or sister if you don't have the money available to pay for these final expenses.

The fact is, yo...
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It depends. Are you a homeowner with a mortgage?

If so, you may have a need for life insurance. Why?

Because, how would your family make the mortgage payments each month if you were to pass away today?

That's right. If you were to die, your family may be unable to continue living in the home they shared so many memories with you.

Now, why risk the chance of leaving your family out in the street, or having to move?

Life insurance can help provide you with peace of mind knowing should something happ...
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Can I buy a life insurance policy on my grandfather?

Yes, adult grandchildren may purchase life insurance on their grandparents.

In fact, many parents of elderly people, and even adult grandchildren purchase life insurance on their grandparents.

The fact is, many seniors may not have enough money saved to cover the cost of their final expenses, including a burial, funeral, casket, memorial service, etc.

And, with the average cost of final expenses around $8,000 - it can be a costly undertaking to...
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Can I apply online for Globe life insurance coverage?

Yes, anyone age 18 to 78 may apply for a life insurance plan from Globe Life.

Although there are no exams required, you will have to answer some questions about your health.

And, if you are healthy, you may purchase coverage online.

You can apply for a Globe Life policy online in about 10 minutes or less.

Globe Life makes it quick and easy for consumers to apply for and purchase their life insurance plan.

And, your policy comes with a money-back...
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Is there any low-cost life insurance coverage available for young adults?

Yes, in fact, life insurance is cheapest if you buy your policy while you are young and healthy.

The most affordable type of life insurance policy for young people is term life insurance because it offers temporary protection lasting for a period of 10, 15, 20 or 30 years, to meet your specific life insurance needs.

The shorter the term (duration) of your life insurance, the lower your cost of insurance.

Here's how to learn...

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Can I buy a life insurance policy on my parents to cover the cost of their final expenses?

Yes, adult children have an insurable interest in their parents, which is required in order to purchase life insurance on someone else.

There are guaranteed issue final expense life insurance policies available for people ages 45 to 85.

So, even if your parents have health problems, they can still get insured for final expense coverage.

With guaranteed approval plans there is no health exam needed, and your...
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Can people over age 80 get life insurance to cover their burial expenses?

Yes, in fact, there are guaranteed issue burial insurance policies available for people ages 45 to 85.

These plans may offer up to $25,000 of life insurance protection.

With guaranteed plans there is no health exam need, and no questions asked about the status of your health.

You cannot be declined for coverage if you meet that age requirements for approval.

However, the death benefits are usually limited the first two years...
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I need burial insurance to help pay for my final expenses, including the cost of my funeral and burial.

How much does it cost for burial coverage?

The premium charged for a burial life insurance plan will depend on several factors, including your gender, age and amount of insurance you need.

In addition, rates on burial coverage vary by insurance company.

For example, one insurer offers $3,000 of guaranteed issue burial insurance for $8.80 per month, while another insurer has a minimum premium of...
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The best type of life insurance for seniors is the coverage that meets your specific needs, and fits your budget. 

Seniors may choose from term life insurance or whole life insurance for their coverage.

If you need life insurance for a duration of 20 years or less, then term life may be most affordable type of policy.

If you need life insurance guaranteed to last your entire lifetime, then whole life insurance may be the best option.

If you have been turned down for life insurance before, then gu...
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Can seniors over age 80 get life insurance to cover their final expenses?

Yes, in fact, there are guaranteed issue permanent life insurance policies available from United of Omaha for people ages 45 to 85.

These plans offer up to $25,000 of guaranteed coverage, and you cannot be turned down due to any health problems.

There's no doctor exam need and you won't have to answer any questions about the condition of your health.

Each plan comes with a money-back guarantee, and you can even buy coverage...
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Can sick people considered a high risk for life insurance get insured?

Yes, there are life insurance carriers which specialize in insuring people considered a high risk due to health issues.

In addition, there are guaranteed issue life insurance policies available for people ages 45 to 85.

Guaranteed issue means you cannot be denied coverage due to any health problem, as long as you meet the age requirements and live in a state where the insurer is licensed to do business and offers the plan.

Le...

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Can I buy a funeral insurance policy on either or both of my parents?

Yes, adult children with an insurable interest on their parents may purchase funeral life insurance plans on their parents.

I your folks don't have much money saved, live on a tight budget, or haven't planned for their final expenses, it may be a good idea for you to plan ahead so you aren't stuck with a sizable bill without the funds to pay it when the time comes.

Today, the average cost of a funeral, burial and related expen...
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Yes, you may be able to purchase a burial insurance policy on a member of your family.

In fact, many people do this each day, when they purchase a burial insurance policy on their elderly parents to make sure there is money available to pay for their parent's funeral and burial expenses.

In order to get burial insurance on another person you need insurable interest on that person, and the insurer may or may not require the permission of the person you want to insure.

Usually, insurable interest ...
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Is there life insurance available for seniors with guaranteed approval?

Yes, some insurers do offer guaranteed issue life insurance for people ages 45-75, 40-80 or even 45-85, depending on the insurance company.

Guaranteed issue means you cannot be declined for coverage due to a health condition.

And, there's no health exam required to get insured. In addition, there may be no health questions asked.

However, there are usually limited death benefits (graded benefits) the first two years you are i...
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What is the cheapest life insurance available for young adults?

That would be term life insurance which offers temporary coverage lasting for a "term" of 5 years up to 30 years, usually.

You may be able to choose term life coverage for a period of 5, 10, 15, 20, 25 or 30 years.

The shorter your "term" of coverage, the lower your annual cost for the life insurance policy.

Term life is there cheapest life insurance because it is temporary and it does not build any cash value inside the policy - it ...
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If you have an elderly grandmother who is on a fixed monthly income you may be wondering if she has enough money saved to help pay for her final expenses. And, you may also ask yourself if you can buy life insurance for your grandma?

The answer is "YES", you can.

Many adult grandchildren purchase life insurance plans for their grandparents to make sure there is no financial stress in paying for their grandmother or grandfather’s funeral and burial expenses.

Did you know the average cost of a f...

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Are you finding it difficult to get insured for life insurance?

If so, you may be wondering why you were turned down or declined for a policy.

First, you should know that not everyone may qualify for life insurance. 

The insurance company sets guidelines for applicants that qualify based on several factors including age and health.

There are several reasons an insurance company may deny you for life insurance, including:

Health, age, occupation, hobbies, etc.

For example, many life insurers won't i...
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I just bought a new home and want to find life insurance to protect my mortgage loan in case I die.

What is the best life insurance to protect a mortgage loan?

When choosing a life insurance plan for mortgage protection you'll want to consider term insurance which offers you the most affordable protection at the lowest price for a duration of up to thirty years.

You can select the amount of life insurance coverage you need to pay off your mortgage loan, and the term (duration) to match the lengt...
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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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Yes, you can buy a life insurance policy on yourself, which would name you as the insured, and you would select someone else to be the beneficiary of the policy.

The beneficiary is the person who receives the proceeds from your life insurance when you die.

This is the most common way to buy life insurance - buying coverage on yourself.

There are many reasons someone would choose to buy a life insurance policy including to replace their income for their family, pay off mortgage, provide for spous...
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Is there life insurance that can help pay for my burial expenses?

Yes, there are burial life insurance policies available offering you guaranteed coverage with up to $25,000 of life insurance to help your loved ones pay for the cost of your funeral and burial related expenses.

And, with burial insurance coverage that has "guaranteed acceptance" you won't have to take a health examination or answer any questions about your health. You cannot be turned down for coverage if you meet the age requir...
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How does pricing for term life insurance work?

Prices on term life policies are determined by considering several factors, including the length of term (duration), amount of life insurance, your age and gender, as well as, your health.

In addition, your lifestyle, tobacco use, driving record, hobbies, occupation, height-to-weight ratio, and family health history may impact the cost of your term life coverage.

The shorter your term (duration of coverage), the lower your annual cost of coverage. Y...
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If you are a parent with young children you may have noticed the offerings on tv or through the mail about life insurance for children and wondered what they are about.

Child life insurance offers several benefits for parents.

For instance, did you know that you could start a life insurance policy for your child for about $2 over month?

And, child life insurance plans can guarantee your child has protection as an adult, even if his or her health changes in the future.

In addition, child life poli...
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If you're shopping for life insurance coverage you may be interested in how an insurance company develops the premium they charge you for life insurance coverage.

There are several factors that are considered for pricing a life insurance policy including the type and amount of life insurance you need.

In addiiton, your age and gender are important pricing factors.

Insurers also consider your personal risk factors which may include your health, lifestyle, tobacco use, driving record, hobbies and ...
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Yes, seniors citizens can get insured for life insurance without having to take a medical exam.

There's even guaranteed issue life insurance for seniors with no health questions asked.

So, even if you have a health problem or you have been turned down for life insurance coverage, you can still get insured without taking any medical exam.

Seniors age 45-85 can get guaranteed coverage and may purchase up to $25,000 of life insurance.

Here's how to get life insuranc...

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I need burial insurance but I don't know how to get insured.

If you need life insurance to cover the cost of your burial there are burial insurance policies that offer guaranteed approval for people between the ages of 45-85.

Guaranteed approval means you are guaranteed coverage if you meet the age requirements.

Although some life insurers may have different age requirements for guaranteed acceptance, United of Omaha offers coverage for people 45-85.

The amount of life insurance coverage availabl...
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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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What is the best type of life insurance to get for young parents?

If you are young parents you may be on a budget an din need of protection until the kids are grown and the home mortgage is paid off.

That means you likely have a need for your life insurance to last at least 20 years and you need the most protection for the lowest cost.

Term life can help because it offers you prices that are much lower compared to permanent life insurance, and you can select the duration of your policy from 10, ...
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Can senior citizens over 65 get affordable burial insurance coverage?

Yes, seniors over 65 can get guaranteed issue burial insurance policies. There's even guaranteed approval burial plans for people ages 45 to 85. That means you cannot be denied coverage if you meet the age requirements. And, you cannot be turned down due to any health problems.

You won't have to answer any questions about your health or take any health examinations.

However, with guaranteed coverage there are some limitations....
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Yes, you can buy life insurance on her husband.

If you are married, you have an insurable interest (which is required) in your husband. That means, you stand to lose out financially if your husband were to die.

Either you rely on him for financial support or you would suffer financially if he were to pass away.

You may even be able to purchase life insurance direct online for your husband with no physical exam required.

Some plans even allow you to start the life insurance coverage immediately, ...
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Why should young adults purchase life insurance?

There are several very good reasons to consider buying life insurance when you're young:

Lock-in a low rates guaranteed for the life of your policy.
Guarantee your insurability for the future.
Save money by purchasing coverage when you are young and healthy.

Many of us take on more financial responsibility as we get older, but our health may change and make it more costly or more difficult to get insured when we have the greatest need for life insur...
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What should I consider when shooting for the right life insurance coverage?

There's several important things to consider before making your purchase.

You'll want to answer the following questions:

• What type of life insurance do I need?
  
• How much life insurance do I need?
  
• How much does life insurance cost"
  
• What is my budget for life insurance?
  
• How long do I need my life insurance to last?
  
• What is the financial strength rating of the insurance company?
• How long is my rate guaranteed to remain the same?
• Wh...

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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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Can someone living with breast cancer get approved for life insurance?

Yes, there are insurers willing to insure people with breast cancer.

However, there are several factors that may go into your acceptance for coverage including your age, overall health, type of cancer, prognosis, treatment, etc.

Some insurers may be more competitive when it comes to insuring people who are breast cancer survivors or currently have breast cancer.

Here's how to learn about getting life insurance with breast cancer.



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Is it possible for a smoker to get life insurance protection?

Yes, in fact, depending on how often you smoke, you may be able to qualify for good rates on your life insurance policy.

There are a few insurance carriers that are more lenient when it comes to classification of a smoker for life insurance and may offer better pricing based specifically on your actual frequency of smoking.

In addition, there is life insurance available for people who smoke cigarettes, e-cigs, pipes, cigars, marijuana...
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Will a life insurance policy pay for the cost of my funeral expenses?

Yes, the proceeds from life insurance can be sued by your beneficiary to help pay for the cost of your funeral.

However, the death benefit paid out to your beneficiary may be used by the beneficiary for any purpose that person chooses to use the money.

There are funeral insurance plans that are issued for the purpose of paying the cost of a funeral.

In addition, these plans may offer guaranteed approval which means you won't ha...
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If you're shopping for a life insurance policy you may want to compare price quotes for life insurance.

But what are quotes for life insurance?

Life insurance price quotes are estimates of the cost of a life insurance policy provided by life insurance companies.

You can compare life insurance price quotes from multiple life insurers by visiting an insurance website that has access to a large network of insurers and filling out a life insurance quote request.

Your price quote will provide you with...

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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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Is it possible for people over age eighty to get insured for life insurance?

Most life insurance carriers limit their acceptance for life insurance to people age 80 or under.

However, there are guaranteed approval life insurance plans available for people ages 45-85.

These policies guarantee your acceptance for coverage which means you will not be turned down due to any problem with your health.

But, there are limited death benefits the first two years you are insured - that's how they can guaran...
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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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Yes, there are whole life or permanent life insurance policies available for senior citizens that provide lifetime protection.

However, your approval for a policy may depend on your age and health.

If you have health issues or you are over 75, you can get guaranteed approval life insurance if you have any difficulty qualifying for regular whole life insurance coverage.

With guaranteed life insurance there is no health exam required and there are no questions asked about your health. You are gua...
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Is it possible for old people, over age 70 to get insured for life insurance?

Yes, in fact you may qualify for term insurance or whole life insurance if you are over age 70.

Your approval for coverage will depend on your specific age and health, as well as, the insurance company you apply to for a life insurance policy. 

Term life is temporary coverage offering seniors life insurance for a duration (term) of 5, 10, 15 or 20 years, usually.

Whereas, whole life insurance offers lifetime life insura...
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How can I find an affordable short term life insurance policy?

If you're in need of short term protection for your family at an affordable price, then term life insurance is an option that makes sense.

With term life you'll get the maximum amount of life insurance for your money, and you can choose coverage for a duration (term) of 5, 10, 15, 20, 25 or 30 years from most insurance companies that offer term life.

When shopping for a policy make sure you know how much you can afford to spend each ...
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Is there insurance you can buy to pay off your home mortgage loan in case you die?

Yes, it's called mortgage payoff insurance and it helps makes sure your loved ones can remain in  the home they shared with you in case you pass away.

With mortgage payoff life insurance you select the amount of coverage that is equal to your outstanding mortgage loan, and you choose a duration of coverage equal to the length of your mortgage loan - from 10, 15, 20 or 30 years of protection.

Insurance that pays of...
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Dependent life insurance is life insurance you can get to cover your spouse and children (dependents).

Many employers offer employer provided group life insurance plans for their employees. These plans may allow you to add coverage for your dependents.

In addition, you may purchase your own individual life insurance policy with coverage added by rider to provide coverage for your spouse ad kids.

Or, you could buy separate life insurance policies on your spouse and your children.

Learn more about ...
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Life Insurance Mortality Tables are charts that show the death rates of a particular group of lives at certain ages, derived from statistics that count deaths in a population by age compared to those still alive at that age.

Mortality tables help insurers determine the average life expectancy of people they may insure. Of course, you individual risk factors are also taken into consideration, including your health, lifestyle, tobacco use, height-to-weight ratio, occupation, hobbies and driving ...
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Can I get life insurance if I have an illness or disease?

Yes, there are life insurance plans available for high risk people with an illness.

Some plans may require a health exam which may end up disqualifying you for coverage due to your health.

However, there are guaranteed approval life insurance plans available for people age 45 to 85.

With guaranteed approval there are no health dams and no questions asked about your health.

However, the death benefit is limited the first two years you are in...

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If I already have life insurance should I shop around for a better deal?

That depends on you. Keep in mind, if you switch policies your 2 year contestability period starts over which means if you pass away in the first two years of your new policy the insurance company can contest the payment of your death benefit if they find you have misrepresented a material fact on your application for life insurance.

But, if you feel you may save some money by switching to a new life insurance policy just ...
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How can seniors get term insurance quotes and what plans are available?

Seniors and people of almost any age can request free life insurance rate comparisons on the internet. 

Seniors can usually get up to 20 years of term life insurance, but that will depend on your age.

For example, term life plans are usually available for a term of 5, 10, 15, 20, 25 or 30 years.

However, people over 70 may find it difficult to get more than 10 or 15 years of term insurance coverage due to their age.

In addiito...
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Is there a way someone with cancer can get a loan?

Yes, in fact, there is a company that offers a way for you to get a loan from your own existing life insurance policy.

This type of loan provides you with money you can use as you need, without having to make any loan payments.

Learn how to get money for cancer patients and find out how much you can get.
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Are there any exclusions on a life insurance policy?

This is an important question because life insurance has no standard policy that applies to everyone.

Life insurance policy terms, prices, and exclusions may vary widely by life insurance carrier. But in general, life insurance companies are in the business of offering coverage to as many customers as possible, not turning business away.

Many high risk activities such as race car driving and mountain climbing that might ha...

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No, you cannot insure anyone for life insurance.

In order to buy life insurance on another person the insurance company will usually require that you have an insurable interest in the person you want to insure.

Insurable interest means you either rely on the person for some financial support, or that you would suffer a financial loss if the person were to die.

Insurable interest does exist between spouse, adult children and their parents, family members, and business partners, among others.

So, a...
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When you apply for a life insurance policy do they check to see if you smoke marijuana?

Yes, the application will ask if you smoke and what you smoke.

In addition, the blood or urine test you are required to provide a sample for may check to see if there is any THC / Marijuana in your system.

However, people who smoke marijuana can get insured for life insurance with or without a prescription, depending on where you live and the laws in your state, and the insurance company's guidelines.

Here's h...
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There are many reasons someone may be considered a "high risk" for life insurance, which basically means you have a shorter life expectancy than the average person, and this may be due to your health, age, hobbies, occupation or lifestyle.

For instance, high risk hobbies may include sky diving, race car driving, mountain c limbing and B.A.S.E. jumping.

High risk occupations may include firemen, blasting contractors and high rise window cleaners.

If you are obese, a heavy smoker ...

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In most states the insured has 10 days in which to examine their life insurance policy, and if not satisfied, to return it to the insurance company for a full refund of the initial premium paid to the insurer.

Free look periods may vary, but the minimum amount of time for a free look is usually 10 days.

The free look gives you a guaranteed refund if you are not satisfied with the purchase of your life insurance policy. So, you get back the money you paid to start your life insu...

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The whole purpose of life insurance is to provide money to your loved ones in the event of your untimely death.

When the breadwinner in the family dies, those left behind can have serious difficulty keeping up with the bills, paying the mortgage and making ends meet.

The death benefit provided by your life insurance policy is intended to help pay those expenses and make moving on easier.

The death benefit from a life insurance policy is typically provided in a lump sum equal ...

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Are people ever considered uninsurable by life insurance companies?

Some life insurance companies may rate certain individuals as uninsurable for coverage.

These are usually people the life insurance company believes will probably pass away in the near future, with a short life expectancy compared to the average person.

However, just because one life insurer considers an individual as uninsurable does not mean that another insurance company will decide the same.

Classificati...

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Yes, you can buy life insurance coverage on another person.

However, you are required to prove you have an "Insurable Interest" in the person you want to insure for life insurance.

Insurable Interest basically means that you either rely on the person for financial support, or that you would suffer some financial loss if the person were to die.

Individuals you can take life insurance policies out on include your spouse or domestic partner, your children, your dependents, and your business partner...
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What are the most affordable life insurance plans?

That depends on why you need the life insurance protection. 

If you need guaranteed lifetime protection no matter how old you live, then your only option is permanent life insurance.

However, if you need life insurance for a period of 30 years or less, the most affordable protection by far is term life insurance.

Permanent life coverage usually costs two to three times more than term life insurance.

And, term life offers you the option of choosing...
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Can people with health problems get insured for life insurance?

Yes, you may be able to purchase life insurance if you have health problems.

There are a few ways to find life insurance with health issues.

You could look for a life insurance broker in your area who specializes in life insurance for high risk people. That broker would have access to life insurers who insure people with health issues.

Or, you could contact the insurance company you have your home and auto insurance with and ask if t...
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Can I buy a life insurance policy on my elderly parents?

Yes, adult children can purchase life insurance coverage on their parents.

Why would you want to buy life insurance on your parents?

Well, maybe your parents don't have any life insurance of their own, or perhaps, they don't have the money saved to pay for their own funeral and burial costs.

Did you know that the average cost of a funeral and final expenses may exceed $8,000?

That's why it may be a good idea to purchase an affordable life in...
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There are three great reasons to shop online for life insurance.

1. Convenient - Shopping for life insurance has never been easier. You can get instant price comparisons and advice form the comfort of your own home or office any time of day or night, without having to meet with an insurance agent.

2. Quick - It only takes a few minutes to request and receive your free, instant life insurance quotes form several insurers without any obligation or hassles.

3. Save - You can save u...

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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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Why do parents buy life insurance for their children?

Child life insurance plans offer several benefits that make it important for parents to consider life insurance for their kids.

Here are some of the main benefits of child life insurance plans:

1. Provides money tom pay for your child's funeral and burial costs which may average around $7,700 including the cost of a casket, burial plot, headstone and memorial service.

2. Provides low cost life insurance protection for your child's entire lifet...
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Why do life insurance companies make you go to see a doctor for a checkup?

Actually, most life insurance companies do have a medical exam requirement for applicants based on the person's age and amount of life insurance being requested.

For instance, some insurers may require a medical exam if you are over age 30 or requesting more than $50,000 of life insurance.

However, the exam is usually a paramedical exam performed in your home or office by a paramedical examiner, not a doctor. And, the exa...
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Is there whole life insurance for kids?

Yes, there are life insurance companies including Globe Life and Gerber Life which offer whole life plans for children.

How does kids whole life insurance work?

It's a life insurance policy you buy on the life of your child, who would be the insured. You, the parent, pay the premiums until your child becomes an adult, and you can transfer ownership of the life insurance policy to your child who would then continue to pay the premiums.

How much life insuranc...
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How can I shop and compare term life insurance rates and plans?

The quickest and easiest way to compare plans and pricing for term life insurance is to request free quotes online from a life insurance quote provider.

Some of the most highly-respected life insurance quote providers online include Efinancial, Accuquote, and 1ClickCoverage.

By visiting a quote provider you just fill out one quote request form and instantly receive the best prices on term life insurance from a large network of the l...
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Is there burial insurance available for people over age 70?

Yes, burial insurance plans are available for people age 85 and under.

Burial insurance offers a limited amount of life insurance coverage, usually up to $20,000 or $25,000.

You can choose the amount of burial life insurance you need to meet your needs, so there's money available to pay for your burial and funeral costs.

Some burial plans offer guaranteed acceptance for people age 45 to 85. 

Usually, there's no health examination required...
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What is the most affordable life insurance for people age 50 and over?

The most affordable life insurance for people ages 50 and over will depend on the type of life insurance you need - and what your goal is for your life insurance plan.

If you need short term life insurance for a period of 30 years or less, then a term life insurance policy may offer the most affordable prices.

If you need lifetime life insurance protection, then a whole life insurance policy (which costs more) will be the typ...
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Is there term life insurance for people living with HIV?

Yes, people with HIV may be able to qualify for life insurance coverage.

New York Life, Mutual of Omaha, and Physician's Life may offer life insurance coverage for people who are HIV positive.

The requirements for approval and the amount of life insurance available will vary by insurance company, as each has their own set of guidelines for approval.

There are also Employer provided group life insurance plans that offer coverage to employee...
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The insurance company may or may not check specifically for cancer; however, the application for life insurance coverage does have a question that asks about any cancer you have or have been diagnosed with in the past. The application and interview process will ask about cancer.

The life insurance company will also check with the MIB (Medical Information Bureau) and your doctors to find out if you have a history of cancer.

Do not lie on your life insurance application as your coverage may be de...
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The "term" of your term life insurance policy is the amount of time you have life insurance protection.

You choose a "term" when you purchase your term life policy.

The common "terms" available for term life are for a period of 10, 15, 20 or 30 years.

So, if you bought a 20 year term life policy, you would pay your monthly (or yearly) premium to the insurance company in return for a set amount of life insurance protection for a period of 20 years.

If you die during that period of time, the benefi...
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Yes, it is possible to apply for your life insurance policy online.

There are online life insurance providers that allow you to compare rates and apply online in just minutes for your life insurance policy.

And, some online life insurance applications require no health exam, so you may be able to start your coverage sooner, rather than waiting 4-6 weeks for coverage.

In fact, one insurer offers up to $350,000 of life insurance with no exam, and if you qualify, you may start your life insurance c...
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I have poor health and need life insurance coverage, is it available?

Yes, there are some guaranteed issue life insurance plans for people with bad health.

In fact, if you are between the ages of 45 to 85, you may be able to purchase up to $25,000 of guaranteed life insurance protection. 

Are there any exams or health questions?

No, with guaranteed life insurance there's no health exams required and no health questions asked. If you meet the age requirements, you cannot be turned down due to your...
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Does a new parent need life insurance?

Yes, if you are a new parent, you may need life insurance.

When starting a family there are many financial costs to consider and plan for including life insurance to make sure you can provide financials security for your new family in case you pass away.

Life insurance can work to replace your income for your family, and provide the funds needed to make sure they maintain the lifestyle they shared with you while you were alive.

The death benefit from a life ...
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I need life insurance protection for my family but we are on a tight budget.

What is the most affordable life insurance plan for a family?

Term life insurance will pervade you and your family with the largest amount of life insurance protection for your money.

Since term life is temporary, providing life insurance protection for up to 30 years, it offers the most coverage at the lowest price.

With term life insurance you can choose a "term" of 10, 15, 20 or 30 years of life insurance coverage.

Tha...
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Can you get life insurance coverage if you are diabetic?

Yes, there are life insurance carriers that insure people with diabetes.

However, the price you pay and your acceptance will depend on several risk factors and how you manage your diabetes.

Also, when you were diagnosed and your age at diagnosis may affect your ability to get insurer.

In addition, whether or not you are insulin dependent will impact your approval and premium.

However, there are fully underwritten life insurance plans requiri...
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The best term life insurance for people over 50 may depend on your own personal situation and what your life insurance needs are - for example, what do you want your life insurance policy to accomplish?

Since term life insurance is temporary protection for a specific period of time, you may choose coverage for a term of 10, 15, 20 or 30 years.

The longer your "term" for coverage, the higher your annual premium. Also, the larger the amount of life insurance you buy, the higher your premium.

Your ...
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Can I get life insurance for a specific period of time/

Yes, you can buy life insurance that will provide you with coverage for a specific period of time.

For example, term life insurance is temporary life insurance protection that lasts for a period of up to 30 years.

Term life policies are usually available for a "term" of 10, 15, 20 or 30 years of life insurance coverage.

Since the term life coverage is temporary, it costs a lot less than permanent life insurance which provides lifetime protec...
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Yes, the life insurance exam you take when you are buying life insurance may take samples of your blood or urine to be tested for several health issues, as well as, testing for the presence of prescription and illegal drugs in your system.

Some of the drugs they may test for include cocaine, methamphetamine and marijuana, among others.

If you do not use any drugs but the testing showing a positive for drug use, it may be a false positive. You can contest the test results by contacting the insur...
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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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Can I get life insurance on my elderly parents?

Yes, an adult child may purchase life insurance on an elderly parent.

Many people choose to buy life insurance to provide money to pay for the final expenses for their parents.

In addition, even of your parents are over age 70 or have a health problem, there are guaranteed approval life insurance plans available that can give you the life insurance protection needed for your elderly parents.

Some plans offer up to $25,000 of guaranteed approval life...
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I am over age 50 and want to find the best life insurance coverage - what type of plan might be best for me?

If you're over 50 years old, and have no other life insurance, you may want to consider what you want the coverage to accomplish? Is it for leaving finds to your surviving family members to live on, or to provide for your final expenses?

Do you have anyone who relies on you for financial support? Do you have any outstanding debts? Do you have a spouse? Does your spouse work?

These are all...
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Is it possible to get life insurance for someone who is ill with a health condition?

It depends on the person's age, but there are life insurance plans that offer guaranteed approval for all applicants that meet the age requirement.

For instance, one insurance company offer up to $25,000 of guaranteed acceptance whole life insurance for people age 45 to 85. 

There's no health examination required for guaranteed issue plans and there are no health questions asked.

Basically, if you meet the age re...
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The amount of life insurance that a married couple should own will depend on several factors.

Your individual incomes, your total amount of debt, whether you have children and how many, the things you want to use your life insurance to accomplish, and your budget will all enter in your calculations on how much life insurance to purchase.

You should a life insurance needs calculator to help you determine your actual life insurance needs, and then help you find the best pricin...

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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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Is no exam life insurance coverage affordable?

It really depends on your health, your age and the insurance company you apply to for life insurance,

Some insurers offer higher rates on their no exam life insurance plans, while others may be more competitive.

For instance, Fidelity Life has some no exam life insurance rates that are even in line with what other insurers may offer for life insurance that requires you to take a physical exam.

While other insurers may charge rates at least 10% (or mo...
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Can seniors buy term life insurance coverage online?

Yes, there are term life insurance policies available for seniors which you can apply for on the internet.

In fact, some insurers even offer no exam term life insurance for seniors.

Senior term life insurance policies may be available with coverage for a "term" of 5, 10, 15 or 20 years, depending on your age and health.

Seniors can shop and compare instant term life insurance rate quotes online from a network of leading life insurance carriers,...
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Yes, most life insurance companies test you for tobacco use when you lay for life insurance.

However, it depends on the amount of life insurance you request and your age and health.

For instance, some insurers may not require a nocturne test for someone only buying a $10,000 life insurance policy.

However, if you need more than $25,000 of life insurance there may be a nicotine test required.

How does it work?

The life insurance company has an examiner come to your home and give you a paramedical e...
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When should I stop paying for my term life insurance policy? 

You stop paying for your term life coverage when you decide that you no longer need the life insurance protection and wish to stop it. 

You can either choose to provide written notice of cancelation to your life insurance company, which would help you to get any unused premiums refunded. Or, you can just let your life insurance policy lapse by discontinuing the premium payments.

You may want to stop paying for you...

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I am a card-holding medical marijuana user living in Colorado. Will a life insurance company decline coverage or raise my rates because of the marijuana usage?

Yes, you can qualify to buy a life insurance policy if you use medical marijuana and you live in the state of Colorado.

If you are purchasing a medically underwritten policy that requires a medical examination and a review of your medical records, the reason for needing the medical marijuana will enter into your ratin...

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Is there life insurance for people who go bungee jumping? Is it covered.

Although some life insurance policies may have exclusions for certain high risk activities, there are insurers that insure people for life insurance if they do bungee jump.

However, whether or not you are approved for life insurance, and what rate you will pay depend son several factors, including:

1. The type of bungee jumping,

2. How often you bungee jump,and 

3. Where you bungee jump from.

There are over factors that the li...
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Yes, you may be able to buy a term life insurance policy on someone else.

Actually, many people buy life insurance on another person. For instance, married couples buy life insurance on one another, and adult children may buy life insurance on their parents to help pay for their parents' final expenses.

In addition, grandparents buy life insurance on their grandchildren as a way to provide guaranteed lifetime life insurance for their grandchild as he/she grows up.

However, in order to buy life i...
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When people that you love will suffer financially if you were to die, you may have a need for life insurance protection.

If that need will remain for many years, perhaps even your entire lifetime, you need permanent life insurance.

The most popular form of permanent insurance is whole life insurance coverage. It provides that the life insurance company will pay a fixed amount (death benefit) when you die, regardless of when that occurs. In exchange you are required to pay a p...

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Yes, life insurance companies will know if you smoke.

If you purchase a life insurance policy they ask you on the application form about any tobacco use. If you answer "yes", you do smoke, they will know. Also, some insurers require you to take a blood test and medical exam which will determine if you smoke.

However, there are life insurance companies that offer life insurance without any medical exams or blood testing.

But make sure you do not lie on the application for life insurance because ...
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Good rates for a term life insurance policy may be $10 per month or $50 per month. It can vary quite a bit based on the amount of life insurance coverage and the length of the term for your policy.

In addition, your age and health will have a big impact on the rate you pay for your term life policy. The longer your life expectancy, the lower your rate for term life insurance.

Other factors that the insurance company will consider when determining your rate include your family health history, li...
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What is level term insurance for seniors?

It's a type of life insurance that provides guaranteed coverage for a set period of time with rates that remain the same for the entire "term" of the policy.

Term life insurance may last for a period of 5, 10, 15, or 20 years for seniors, usually. So, the amount of life insurance you have and the rate you pay will remain level for the entire time (term) of your term life insurance policy.

The longer your term, the higher the rate charged for your life in...
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What are some reasons why people don't buy life insurance?

There's a lot of common reasons for not owning a life insurance policy.

But if you need life insurance you should buy a policy to protect your loved ones.

Some of the most common excuses for not owning life insurance include:

1. It costs too much.

2. I don't understand how life insurance works.

3. I have life insurance through work.

4. I'm healthy so I don't need life insurance.

5. I'm too young to need life insurance.

Here is a complete list ...
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As soon as a child is a few weeks old, insurance companies can issue life insurance policies on them.

That is actually the best time to purchase life insurance for your child.

Child life insurance plans offer the lowest rates at this age and you can lock in that rate for the rest of your child's life, all the while accumulating cash value inside your child's life insurance policy which can be borrowed against or used in later years for retirement with a permanent child life i...

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It depends on the type of life insurance you buy.

The two basic types of life insurance are Term and Permanent.

Permanent life insurance costs the most because it provides lifetime life insurance protection.

Whereas, term life insurance cost a lot less because it is temporary life insurance for a specific number of years.

For example, term life insurance usually lasts for a term of 10, 15, 20 or 30 years which you choose when you buy a policy. The rate remains the same each year for the term of t...
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If you are buying a life insurance policy the insurance company may require that you take a medical exam. The life insurance exam is paid for by the insurance company.

The exam may take a sample of your blood and/or urine to test it for drugs. The drug testing may check for any legal and illegal drugs in your system. 

Each life insurance company may have their own set of guidelines of what to test for and what positive test results in a decline for coverage. Some of the dru...

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It is possible to buy life insurance for your parents if you have an insurable interest in them.

Children do have an insurable interest in their parents since they may rely on their parents for financial support, or suffer financial loss if their parents were to die.

However, some insurers may require that the child have the permission of the parents, and sign the application, as well as, answer some health questions when you apply for the life insurance policies on your parent...

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I don't believe whole life insurance is a true investment, but it can provide financial benefit for your children as they grow up.

For a child, it may be a good financial tool in some ways.

Child whole life insurance plans may guarantee that for the life of that child, they will always have life insurance protection, so long as the life insurance premiums are paid.

Your child will not have to worry about ever becoming uninsurable, such as with diabetes or obesity, or heart pro...

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After you apply for a life insurance policy It can take anywhere from hours, to months to be approved for your life insurance coverage.

If you are applying for a simplified issue life insurance policy that requires no physical exam or medical records, it can be signed digitally and approved on the phone, it may even go into effect the same day you apply.

The cons of a simplified issue life insurance policy: this type of life insurance policy does not dig too deep into your h...

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When you take a medical examination for a life insurance policy, you usually have a blood test and urine test in addition to the health questions and vitals check.

For older people the life insurance company may ask you to complete an EKG as well a mature assessment which looks at cognitive and mobile abilities. Seniors may be asked to perform the mature assessment.

Some common things life insurers look for in these health tests may include cholesterol levels, A1C (Blood Sug...

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Yes you can buy burial insurance on your parents, although some life insurance carriers may require that the insured pay the premiums.  

Otherwise, you as the owner of their burial life insurance policies may be able to pay the premiums.

It is usually fine for the adult child to own the insurance policy and be the beneficiary of the policy, too.  

Most of these burial insurance policies do not require your parents to take any medical exam, but may require the proposed insured to...

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There are several very good reasons you may choose to purchase life insurance policies for your children.

For instance, Children's life insurance rates are the lowest there are, and you may be able to start a child life insurance plan for just a few dollars per month.

By locking in a guaranteed rate on whole life insurance protection for the child's entire life, you will never have to worry about medical issues or insurability issues prohibiting your child from qualifying for ...

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Yes, State Farm may test for drugs when you request a life insurance policy.

However, the drug testing requirement may vary by applicant based on your age, health, and answers to the questions on the application form.

Many life insurance companies test for drugs as a standard part of their application process for life insurance.

However, there are some insurers that do not require you to take a medical exam, or drug test.

In fact, one life insurance carrier offers up to $350,000 of life insurance...
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Life insurance death benefits may be used to pay the cost of your funeral and burial expenses. 

It is best to use Whole Life or guaranteed no lapse Universal Life insurance, so that your life insurance policy is sure to be “In Effect” when you pass away. 

However, when you purchase a life insurance policy you choose the beneficiary who will receive the death benefit upon your death. You have the option of changing the beneficiary when you choose to do so. 

The benefici...

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Can you purchase life insurance on your parent or parents?

Yes, you may buy life insurance on your parents.

How is it possible? Because, life insurance companies allow people to buy life insurance on someone else with whom they have an insurable interest.

What is insurable interest? It basically means if you rely on someone for financial support, or if you would suffer financially if the other person were to die, then you may buy life insurance on that person.

Insurable interest does exist betwee...
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Only life insurance policies that use medical underwriting will test you for drug use through a blood and/or urine test.

Simplified issue life insurance policies do not order blood tests or have you take exams, but they usually do ask about your previous drug use on your life insurance application.

Guaranteed issue life insurance policies do not ask about drug use on your application, nor do they it test you for drugs. However, the minimum age for most guaranteed issue life i...

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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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Choosing the right amount of life insurance protection for your loved ones is one of the most important decisions you make when purchasing a life insurance policy.

You don;t want to spend more than you need on your life insurance, but you want to get the coverage amount that will meet your goals, and protect your family's future.

How can you go about finding how much life insurance you really need?

It's easy. You can use a life insurance needs calculator. 

You just answer some basic questions abo...
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Yes, people over age 70 may qualify for life insurance coverage.

It depends on the person's age and health, and the life insurance company's guidelines for approval.

In addition, the type and amount of life insurance the person needs will impact acceptance, and the cost of the life insurance policy.

It would be easier for someone over 70 to qualify for a term life insurance plan providing coverage for 10 years or less, instead of a permanent life insurance policy providing lifetime protection.

In...
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If you have diabetes and need life insurance you may be wondering if you can even qualify to purchase a life insurance plan.

Some life insurance are more willing to insure people with diabetes, while other insurers are more strict with their approval guidelines when it comes to insuring diabetics for life insurance.

Whether or not you qualify for a diabetic life insurance policy will depend on the insurance company and your own personal risk factors.

Your risk factors will include your age, heal...
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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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Is there life insurance for cancer survivors?

Yes, there may be life insurance available for a cancer survivor.

However, whether or not you qualify for cancer survivor life insurance will depend on the insurance company guidelines for acceptance.

In addition, your age, when you were determined to be in remission, and your current health, as well as, the medication you are taking may impact your acceptance for life insurance coverage.

In addition, if you are turned down for life insurance you may ...
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Yes, there is life insurance available for elderly people.

There are several life insurance plans available for the elderly with No Exam required.

Final Expense life insurance policies can be purchased by people usually up to age 80.

There is quite a bit of leniency on the health questions for these these no exam senior life insurance policies policies, but it is possible to be declined. The maximum amount of life insurance offered is usually up to $25,000 for this type of lif...

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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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When comparing term life insurance policies there are several features to consider:

1. How much is the premium and how long is it guaranteed to stay the same?

2. How much life insurance coverage is provided and how long is it guaranteed to stay the same?

3. Does full coverage start immediately?

4. Is the term life insurance policy convertible to permanent life insurance without evidence of insurability, and for how long?

5. What is the financial strength rating of the life i...

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Usually, a life insurance company will require you to take a medical exam and draw blood and/or urine when you apply for your life insurance policy.

Then exam is paid for by the insurance company, and they check your blood for health issues; such as, high cholesterol, high protein levels, HIV/AIDS, STD's, diabetes, and other health conditions. In addition, they may check for use of prescription and illegal drugs.

A life insurance blood test may look for any signs of cocaine, marijuana, methamph...
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Have you been turned down for a life insurance policy? 

There are many reasons people may be turned down for life insurance coverage; such as, due to your age, health, driving record, use of illegal drugs, etc.

However, if you have been turned down when you applied for coverage, you may still have other options available to get insured.

For instance, guaranteed issue life insurance plans offer no exam life insurance with a limited amount of life insurance coverage available. In fact, some plans ...
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There is no one best life insurance company for all seniors, although some are certainly better for older people than others.

The one life insurance carrier that is best for you will depend on your age, what amount of life insurance you need, what type of life insurance plan you want, your health, and even the state in which you reside, among other factors.

If you are over age 60 and looking for life insurance to cover your funeral costs, you will most likely find your most ...

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If you are just looking for a burial type life insurance policy which you would like to give to your child as a gift when they are an adult, perhaps when they have a family of their own, you might just start off with a $30,000 life insurance plan.

Underwriting is usually minimal in most cases on life insurance policies for children, meaning there is no health exam and few health questions. You can even get a quote and apply online for your child's life insurance plan in about...

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It is possible to take out a life insurance policy on your father.

Since he is your father, you have an insurable interest in him, which is required in order to buy life insurance on someone else.

However, when taking out the coverage you may need his signature on the application, and he may have to answer some health questions. But, some life insurance plans may not require his knowledge.

This article explains how to buy life insurance on your parent. You can even request a life insurance quote...
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Yes, you may be able to purchase a life insurance policy on someone else.

The insurance company will require that you have an "Insurable Interest" in the person you want to insure.

This means that you would suffer a financial loss if the person were to die, or that you rely on the person for some form of financial support.

There does exist insurable interest between spouses, siblings, parents and their children, family members, and business partners, among others.

In addition, if you want to insu...
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There are several reasons a life insurance policy may be denied, including:

1. The applicant's health - This can be anything from someone with uncontrolled diabetes or someone with cancer having only months to live. 

2. The applicant's health has not been stable for a certain length of time. This can range from someone who had very high blood pressure and only been on medication for one month, to someone with MS who has had a recent major exacerbation.

3. The applicant is ...

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When it comes to buying life insurance for someone over age 50, there are several highly-rated life insurance companies.

However, choosing the best company will depend on your needs and budget, as well as, the insurer's financial strength rating and what the plan provides you as far as immediate full coverage and affordability.

There are several well-known insurers of people over age 50 including Globe Life, Colonial Penn, AARP/NewYork Life, Metlife and Prudential, among others.

One way to find ...
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The length of time for which you should buy a Term Life Insurance policy should be in line with the amount of time your need for life insurance exists.

For instance, if you have a new baby and want to provide for your child if something should happen to you, I would consider a 25 or 30 year Term, to get them through college, and also to cover other children you may have in the future.

If you have just gotten a 30 year mortgage loan on your home, a 30 year Term may be good for...

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A wife can and often does take out life insurance coverage on her husband. And a husband often takes out life insurance coverage on his wife. Parents also purchase life insurance on their children.

You can buy life insurance on your spouse because an insurable interest exists between spouses, which is a requirement to buy life insurance on another person. When you apply for life insurance on your husband, you may have to answer some health questions about his health.

Here's how...

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The best life insurance for your child may depend on your child's age, health and the insurance company's coverage and pricing available for your child.

Several insurers offer child life insurance plans. Some of the better known child life insurance carriers include Globe Life, Gerber, and Prudential, among others.

Since each life insurance company has their own set of pricing guidelines, and requirements for acceptance, as well as, their own specific financial strength rating, you may want to ...
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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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There are many things you can do to prepare for your life insurance medical exam.

Make sure you choose a time of day for your exam when you experience the lowest amount of stress.

Also, do not drink any coffee, caffeine, or alcohol the day of the exam.

Don't exercise the day of the exam.

You can choose to have the exam in your home, so if that would be less stressful, choose that option.

Make sure you have all of your medical information, prescriptions, and health records available, as well as, th...
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Yes, if there would be a financial hardship if the non-working spouse died.

Let's say the wife has a very demanding and high income career. The husband stays home to raise the kids and take care of the house. What if the husband were to suddenly die?

Now the wife has to hire a nanny, a house keeper, a cook, and possibly a personal assistant to replace all of the the work that was being done before by the stay-at-home dad.

You would need full-time help or at least part-time h...

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Using an online life insurance broker with access to a large network of life insurance carriers that specializes in "impaired risk" life insurance is a good way to make sure that you are getting the best possible rate on diabetic life insurance coverage.

If you're just looking for a small life insurance policy with no health exam required, there are also lots of choices, and again, diabetic control can make a big difference in what life insurance policy you qualify for and w...

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Yes, seniors may qualify to purchase life insurance to pay for their burial expenses.

Average cost of a funeral and burial may exceed $7,500 according to surveys from Funeral Directors.

Seniors age 78 and under may qualify to purchase up to $30,000 of life insurance coverage to help provide the funds to pay for their burial and funeral costs.

In fact, seniors can apply online for a policy with no health exam required, but there may be a few health questions to answer.

There is an "A+" rated life ...
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When you apply for life insurance coverage there are many questions asked about the coverage you need, and your health history. Many of these questions assist the insurance company in determining if they will offer you life insurance, how much they will offer, and what they will charge you for your policy.

For example, the life insurance carrier may ask how much life insurance you need, what type of life insurance, and how you will pay your premiums - monthly, quarterly, or annually.

In additio...
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Yes, you can purchase life insurance on your parents.

Many children buy life insurance on their parents to help pay for final expenses; such as, funeral and burial costs which may add up to as much as $7,500 or more per parent. A study of Funeral Director's indicates the average cost of a funeral to be around $7,750.

In order for someone to buy life insurance on another person there must exist insurable interest. This means you either rely on the person you want to insure for money, or you woul...
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Yes, you may be able to get life insurance on your brother.

The life insurance company requires an insurable interest in the person you want to insure for life insurance.

Insurable interest means you rely on the person for some form of financial support, or you would suffer financially if the person were to die.

Insurable interest does exist between spouses, parents and their children, and siblings, among others.

So, you could buy life insurance on your brother, but you may need his permission, s...
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Is there life insurance available for people over age 70?

Yes, some insurers offer life insurance coverage for people over 70 years old.

Whether or not you qualify for a plan may depend on your age, health, hobbies, lifestyle, driving record, height-to-weight ratio, if you smoke or not, and some other risk factors that may impact a seniors longevity.

Life insurance companies may offer permanent life insurance to seniors over 70, but these will be the most expensive plans available; however, they...
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No, you can't buy life insurance on just anybody.

The life insurance company will require you to have an "Insurable Interest" in the person you want to insure for life insurance.

Insurable Interest means you rely on the person for financial support, or stand to lose money if the person dies. 

Insurable Interest does exist between spouses, siblings, parents and their children, relatives, and business partners, among others.

So, for instance, you may insure the life of your parent, but you will nee...
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People with diabetes can get life insurance, and there are some ways that you can help yourself get the best price on your life insurance policy.

Life insurance companies will consider your age, health, type of diabetes, if you smoke, how long ago you were diagnosed with diabetes, if you are insulin dependent, if you have any health problems related to your diabetes, how often you test your blood sugar levels, and other measures you take to properly manage your diabetes.

Many ...

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Life insurance companies test for many different health issues when you apply for a life insurance policy.

Your age, health, and amount of life insurance you request will help the insurance company to determine what type of exam you have and what they test for.

For example, a young person under age 30 requesting $50,000 of life insurance may only have a limited exam, while an 55 year old person requesting $1,000,000l of life insurance may require a full physical examination.

If ...

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You may or may not be able to qualify for life insurance if you are an alcoholic. It will depend on your age, health, and other risk factors related to your drinking.

The life insurance companies look at several factors in determining if they wish to issue a life insurance policy for coverage.

Have you been to AA? Have you been to a treatment facility for alcoholism?

If you are an alcoholic, are you being treated for kidney problems?

What is your record as far as being arrested f...

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Can a senior citizen qualify for life insurance coverage?

Yes, seniors may qualify for affordable life insurance protection from a highly-rated life insurer.

In fact, many life insurance companies focus on providing special life insurance plans suited specifically for seniors.

Some well-known insurers like Colonial penn, Mutual of Omaha, and Globe Life offer senior life insurance policies with simplified online applications to make it quick and easy for senior citizens to get quotes and apply on...
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Whether or not someone with cancer can buy life insurance may depend on the type of cancer, stage, treatment and the period of time since all treatment has ended.

Certain types of cancer, such as most forms of skin cancer, if caught early and "cured", should not prevent someone from qualifying to buy a life insurance policy, depending on the stage of cancer and treatment, rates for your life insurance policy may be standard or higher.

Other forms of cancer may be insurable an...

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Term life insurance can cover a temporary need and can be surprisingly affordable, especially compared to permanent life insurance which can cost 2-3 times more than term life insurance, but provides lifetime coverage.

For example, if you are a male age 40 in need of life insurance coverage for a period 20 years, and are in excellent health, it may be possible to purchase up to $500,000 coverage for a level premium for 20 years that costs about $2 per day.

A quick and easy way...

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There are many different situations that would present a great need for life insurance.

Among those with the greatest need for life insurance protection may be:

1. Young Families.

2. New Homeowners.

3. Couples with several children.

4. Families relying on one income.

5. Married couples with children and no savings.

6. Widow with children.

7. Single parent with 2 or more children.

If you have people who rely on you for financial support you may need life insurance coverage.

Many families buy life insura...
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Yes, you may be able to qualify for life insurance coverage if you have diabetes.

However, it will depend on the status of your health and your diabetes.

The life insurance company will ask about your history of diabetes, when you were diagnosed, if you have type 1 or type 2 diabetes, how you manage your diabetes, are you insulin dependent, how often you check your blood sugar levels, do you have any health problems related to your diabetes, your height-to-weight ratio, etc.

In addition, the lif...
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How can I get life insurance quotes?

You can get free, instant life insurance quote comparisons on the internet by visiting a life insurance quote provider like Efinancial.

Or, you can contact a local life insurance agent, or call individual life insurance companies direct for a quote.

I recommend Efinancial for several reasons when it comes to comparing life insurance rates:

1. It only takes a few minutes.

2. No need to meet with a life insurance agent.

3. No high-pressure sales pitch.

4. No obliga...
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No, your spouse does not have to be named as your beneficiary on your life insurance policy.

As the owner of your life insurance policy you can choose anyone you wish to be the beneficiary, including but not limited to your children, although if they are minors, it is better to leave the money to a trust or another trusted adult who you know would use the death benefit for their welfare.

You can choose anyone or any entity to be your beneficiary who has some financial input i...

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In order to buy life insurance on another person the insurance company will require that you have an insurable interest in that person.

Insurable interest basically means you ely on the person for financial support, or you stand to lose out financially if the person were to die.

There does exist insurable interest between parents and their children, so you can buy life insurance for your mother.

However, in order to get life insurance on your mom, you may need her permission, signature on the ap...
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There are several features to consider when comparing term life insurance policies, including:

1) The price and death benefit are guaranteed to stay the same for the full term,

2) How long the term lasts - 5, 10, 15, 20 or 30 years?

3) The term life policy is convertible to permanent life insurance without evidence of insurability for an extended period of time, and

4) The life insurance carrier is reputable and highly rated by AM Best Company for financial strength.

Also, c...

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Any accident that causes death would be consider accidental death.

An accident is an event which was unintended.

Whereas, life insurance covers death by old age, accident, or intentional death by suicide, if you have been insured for two or more years, one year in some states like Colorado.

Accidental death insurance covers only death resulting from an accident, and most policies require death to happen within a certain period of time of the accident, such as, 30 or 90 days, in order for the dea...
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Life insurance for a 65 year old may be affordable, or cost more than you might have expected, depending on your health. Many people put off purchasing their life insurance coverage until they are age 65.What they find is the cost is much higher than they may have expected. Most 65 year olds are no longer in excellent health so they will pay a rate higher than standard. However, you may want to compare rates among several of the leading life insurance carriers in order to fin...

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No your life insurance death benefit can be used for any purpose your beneficiary wants to use it for.

Life insurance has nothing to do with your funeral.

Unless it's a preneed funeral insurance plan purchased from a funeral home to specifically pay for the cost of your funeral.

However, a funeral preneed life insurance policy does not have to be used for a funeral either. The funeral contract can be canceled by you at any time and the life insurance proceeds can be left to t...

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How can I buy life insurance coverage for my parent?

You can buy life insurance on either or both of your parents because an adult child has an insurable interest in his or her parents. 

An adult child may purchase life insurance coverage on his parents because he may rely on his parents for financial support, of suffer financially if one or both of his parents were to die.

Many adult children buy life insurance plans on their parents to help offset or pay for the cost of their parent's funeral,...
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You can purchase life insurance for your parents since you have an "insurable interest" in your parents.

Some of the more common reasons adult children buy life insurance on their parents are for estate preservation or to take care of final expenses foe your parents.

You can also be the premium-payer, and as the owner of the life insurance policy, you can choose who is the beneficiary, and change it at any time. Typically, death proceeds are paid out free from taxes and avoid...

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The life insurance industry has several hundred life insurance companies, many of which specialize in insuring certain types of risk, including high risk applicants.

A declination from one life insurance company may not mean you will definitely be declined by another life insurance company.

After a declination for life insurance, you may still want to continue shopping for life insurance from other life insurance companies that specialize in insuring impaired risk applicant...

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Is it possible for me to buy life insurance on my parents?

Yes, you may be able to buy life insurance for your parent.

In order for one person to buy a life insurance policy on another person there must exist "Insurable Interest" in that person. This means you rely on the person for some financial support, or you would suffer financially if the person were to pass away.

Insurable Interest does exist between parents and their children so you can buy life insurance on your parents.

Many children ma...
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What does a life insurance company test your blood for when you have your medical exam?

Life insurance companies check your blood to verify you answered the questions truthfully on your application for life insurance coverage.

Also, they are looking for any health issues or use of illegal substances.

For instance, they may look for high protein or high cholesterol levels, as well as, any STD's, AIDS, HIV, or diabetes, among other things.

In addition, they will check for nicotine, continine, or an...
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Yes you can buy life insurance on your parents. You'll need to justify the amount life insurance on your parents, and you will need their signature on the application acknowledging them as the insured on the life insurance policy.

Life insurance on parents is an under utilized financial tactic for the next generation's economic benefit.

If you buy life insurance on your parents, they are the insured’s, and you are the owner of the policy and you pay the premiums. You wou...

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What happens at a life insurance exam depends on your age, the life insurance company, and the amount of life insurance for which you are applying. 

If you are young and applying for a small life insurance policy under $100,000 of coverage, it is possible that all that is needed is answering some medical questions, and maybe giving a sample of urine for testing.

For most people that apply for a medically underwritten life insurance policy over $100,000 of coverage, a blood ...

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Some of the most common reasons why life insurance is denied may include:

1. You applied for a life insurance policy for which you do not qualify due to a medical condition, being overweight or underweight per the policy guidelines, or are out of the age limits of the policy. If you are too old, you may not qualify, or if you are overweight, you may not meet the insurer's underwriting guidelines for acceptance.

2. You are not a US citizen or do not have a green card or work...

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Yes, you can buy life insurance for your parents, but there are some requirements in order to purchase life insurance on your parents.

1. If you are going to own the life insurance policy for your parents, you can get a small life insurance policy to be used on final expenses. If you want to own a policy on them for a larger amount of coverage, you must show that you contribute to their lives financially, that you would suffer some financial loss if they were to die, for exa...

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What are the main drugs that are a part of life insurance drug testing?

Life insurance companies may test for everything. Specifically, drug testing for life insurance may include marijuana, alcohol, cocaine, methamphetamine, LSD, heroin and other opiates. This is done through testing of samples of your blood and urine specimens.

Marijuana and alcohol are insurable by lost life insurance companies - you'll just pay higher rates depending on your amount of alcohol or marijua...

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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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Life insurance is a mortality product based on your life expectancy - how long you are expected to live.

Many medical factors contribute to the underwriting of a life insurance policy, one of those considerations is the Body Mass Index (BMI).

Your height and weight contribute to the credits or debits assigned to this area of underwriting your health, and assessing your risk for premature death.

Additional concerns regarding a person's weight are associated diseases like obesit...

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Yes, you can take out a life insurance policy on someone else if you have insurable interest in that person.

Insurable Interest means that there is a financial tie between you and the person you want to insure for life insurance.

Either you would be hurt financially if the person were to pass away (because they owed you money, because they help support you, etc), or you are helping them financially now and life insurance would pay you back for your financial loss upon the oth...

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Term life insurance will usually provide coverage as long as premiums are being paid.

Most Term life policies are annually renewable after the term of your policy ends. The prices are very high at renewal, but if you choose to pay them, you will still continue having life insurance coverage.

If your term life policy does not offer the renewable provision, your term policy will end when the years of the term have passed.

For Example: If you took out a 20 year Term life insura...

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Yes, life insurance does pay out a death benefit for death resulting from an accident.

Regular life insurance policies pay for death from natural causes and accidents.

Whereas, an accidental death life insurance policy will only pay out a death benefit if the insured person dies as a result of an accident.

However, acts of war and suicide are usually excluded from a regular life insurance policy. Suicide is excluded for a period of 1 or 2 years, depending on the state you live in.

In addition, yo...
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Yes, life insurance may pay out a death claim on an insured who died from an accidental overdose.

However, if the overdose is an illegal drug and you die within the first two years of being insured by your life insurance policy, there may be a problem. 

Every Life insurance application has a question regarding illegal drug use. 

If you answer "No" to that question, and then you die of an illegal drug overdose within the first two years of being insured, there is a contestable ...

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