Final Expense Life Insurance, also known as burial insurance, is a type of policy designed to cover end-of-life expenses. In this comprehensive guide, we will delve into the intricacies of final expense life insurance, providing insights into what it is, how to obtain it, and why residents of Mississippi often choose to purchase these policies.

Final Expense Life Insurance Explained Final Expense Life Insurance is a specialized form of whole life insurance that specifically addresses the fina...

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Final expense life insurance is a type of insurance that is available in Oklahoma and throughout the US. It provides individuals with coverage for their final expenses, such as funeral and burial costs, medical expenses, legal fees, and other debts. Final expense life insurance is a reliable option for those who don’t have life insurance or are concerned their current life insurance policy will not cover all of their expenses. This type of insurance is often appealing to those in Oklahoma ...
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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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A term life insurance policy premium calculator is a calculator you can use to find out how much term life insurance will cost.

You just fill out the quote request form and click on a button and the calculator will give you free quotes from several leading life insurance companies instantly, right on your screen.

By using a term policy premium calculator you can shop and compare the best pricing for term life insurance, quick and easy, from the comfort of your home, or anywhere, at anytime.

Usin...
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The best type of term life insurance is the one that meets your needs and fits your family's budget.

Term life is temporary life insurance offering coverage for a duration of 10, 15, 20, 25, 30, 35, or 40 years..

Level term life insurance is the most popular and affordable type of life insurance plan.

Level term has premiums that never increase, and coverage that never decreases, during the policy term.

You can shop and compare free quotes for level term life insurance plans online by visiting a ...
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A renewable term policy is a type of term life insurance plan that offers you the option to renew your coverage when your life insurance policy ends.

Term life insurance is temporary life insurance lasting up to 30 years, usually,

However, you may purchase 10, 15, 20, 25, or 30 years of life insurance coverage with a term policy.

These plans offer you the chance to continue your coverage (Renew The Policy) for a period of from one to 10 years, usually.

You will not have to take a medical exam to ...
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A life insurance coverage amount is the amount of life insurance protection provided by your life insurance policy.

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

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

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

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

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


The owner agrees to pay a certain amount of money to the insurer on a regular basis, and in return for the premium payments, the insurer agrees to pay out a death benefit to the beneficiary of the life insurance policy upon the death of the insured person, subject to the term...
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Term life insurance, which provides temporary coverage lasting up to thirty years or more is good for several reasons.

1. Flexible – You can choose from 10, 15, 20, 25, 30, 35 or 40 years of coverage to meet your family’s specific need for life insurance.

2. Affordable – Term life is more affordable for 30 years or less of coverage than any other plan. Permanent life insurance can cost 5-10 times more than term insurance.

3. Easy to Understand – Term life is simple, you have coverage las...

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The best type of term life insurance policy will depend on your specific situation and need for protection.

However, the most popular type is level term life insurance because it offers affordable protection, and the premiums never increase during your policy term, while the amount of life insurance provided by the policy remains level throughout the life of your policy.

It's flexible, offering you the option of life insurance lasting for a period of 10, 15, 20, 25, 30, 35 or 40 years.

And, your...

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No, term life insurance is not expensive, if it is the right type of life insurance policy that meets your specific needs.

Term life is the most affordable type of life insurance coverage for those needing protection for a duration of thirty years, or less.

Term life is pure protection, providing a death benefit only, there is no investment feature or cash value.

That’s why permanent life insurance can cost up to 5 to 10 times more than the same amount of term life insurance.

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Term life insurance policies cover the insured person.

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

Your life is insured in a life insurance policy.

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

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

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

Learn more about Who term life insuranc...

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An accelerated death benefit (ADB) is a benefit that can be added to a life insurance policy that enables the policyholder (Insured Person) to receive cash advances against the death benefit of the policy in the case of being diagnosed with a terminal illness with a short life expectancy.

Many individuals who choose to access the accelerated death benefit from their policy have less than one year to live and use the money for treatments and other costs needed to help them stay alive.

Learn more...

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If you are shopping for life insurance you may be looking to buy the most affordable plan available.

The life insurance that offers the cheapest rates would be term life insurance, if you need your life insurance coverage to last for a period of 30 years or less.

Term life is temporary coverage lasting for a specific number of years.

Whereas permanent life insurance provides lifetime protection and builds some cash value inside the policy, term life is temporary and only pays out a death benefit...

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Graded benefit life insurance is a type of life insurance plan providing you with permanent life insurance protection.

However, if the insured person dies within the first 2 (or 3) years of being insured, the beneficiary would receive either a full return of all premiums paid plus interest, or a percentage of the death benefit from the life insurance policy.

That's why graded benefit life insurance plans are easier to get than traditional life insurance.

Usually, these plans are guaranteed appro...

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A term for life insurance applies to term or temporary life insurance policies.

The "Term" of coverage is the duration or number of years the life insurance policy provides coverage.

The Term is also known as the Policy Term.

It's basically how long your life insurance coverage will last if you keep paying your premiums on time.

Usually, term life plans offer term options of 10, 15, 20 or 30 years.

Learn more about a life insurance term and how it works.

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

Temporary life is also known as term life insurance.

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

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

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

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

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What is life insurance with guaranteed approval?

It's a type of whole life insurance policy that guarantees your acceptance for a policy.

Basically, you cannot be turned down for coverage if you meet the age requirements.

With guaranteed acceptance policies there is no health examination required, and you won't have to answer any questions about your health.

Even if you have been denied coverage by other insurers, you may still be able to get insured.

For example, one highly-rated life insurer off...

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A term insurance policy is a type of life insurance plan that provides protection for a specific period of time.

It is also known as temporary coverage, because you may outlive the duration of your term life policy.

Usually, you may choose a policy term of 10, 15, 20, 25 or 30 years to meet your specific life insurance needs.

If you pass away while your life insurance coverage is In Force, the death benefit is paid out to your beneficiary.

If you outlive the duration of your coverage, there is n...

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Term life is temporary life insurance and provides coverage up to 30 years.

If the insured dies during the policy term, the death benefit is paid out to the beneficiary of the policy, subject to the terms, conditions and exclusions in the policy.

If you need life insurance protection lasting for a duration of thirty years or less, then term life insurance may be right for you.

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Can people under age 50 get life insurance with guaranteed approval?

Yes, there is a highly-rated insurer that offers guaranteed acceptance life insurance for people between the age of 45 to 85 years old.

With guaranteed issue plans you will not have to answer any health questions or take any medical exams.

If you meet the age requirement for acceptance, your approval for life insurance is guaranteed.

Learn more about buying guaranteed issue life insurance for people under 50.

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Guaranteed issue life insurance is a type of whole life insurance policy that guarantees your approval for coverage.

It means, you cannot be turned down for life insurance if you meet the age requirements and live in a state where the insurance company offers the plan.

With guaranteed issue life insurance there is no health exam required, and you won't have to answer any questions about the status of your health.

Even of you have a serious pre-existing health problem, or have been turned down by...

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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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Yes, if you have Renewable Term Life Insurance, then your coverage is guaranteed renewable.

You will not have to take a physical exam in order to qualify for your renewal policy.

However, your premium for the renewal coverage will be higher than your current policy, because it will be based on your age at time of renewal.

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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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Is there burial insurance with guaranteed approval?

Yes. There are burial expense life insurance plans available that offer guaranteed acceptance if you meet the age requirements for approval for coverage.

Some plans offer coverage with guaranteed approval for people ages 45-75, 40-80, or even ages 45-85.

Guaranteed Issue means you cannot be turned down for a policy of you meet the age requirement, and can pay the premiums.

Some plans offer up to $25,000 of guaranteed issue coverage for burial li...

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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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Can you get burial insurance in the state of Wisconsin?

Yes, in fact, you may purchase burial insurance in several different ways if you live in Wisconsin.

You have a choice of contacting insurers direct, calling a local life insurance agent, or visiting a life insurance website that offers burial expense insurance plans.

Burial policies are available with guaranteed approval for people ages 45 to 85. With this type of plan, you won't have to take a medical exam or answer any questions about you...

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Yes, term insurance is a good idea if you need life insurance to last for a period of thirty years or less.

Term life insurance provides the most affordable life insurance coverage lasting for 30 years or less.

You may choose a policy term of 10, 15, 20, 25 or 30 years to meet your specific needs.

The shorter your policy duration (term), the lower your cost per $1,000 of life insurance.

If you die during your policy term, the death benefit is paid out to your beneficiary.

If you outlive the policy...

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It's called Return of Premium term life insurance which pays you back your premiums if you outlive the duration of your life insurance policy.

Usually, return of premium plans are offered for 20 or 30-years terms, but you may be able to choose from coverage lasting for a period of 10 to 30 years.

These plans have higher premiums upfront compared to regular term life insurance policies.

Learn more about life insurance that pays you back your premiums.

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If you are considering the purchase of a life insurance policy you may be wondering what type if best.

Actually, it depends on your personal situation and why you need life insurance.

Ask yourself this question: What goal do I want my life insurance plan to accomplish and how long will I need the life insurance to last in order to accomplish that goal?

Basically, if you need life insurance to last for a period of 30 years to less, then term life insurance is a good option.

However, if you need li...

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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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Life insurance with AD&D is life insurance that provides a death benefit payout for accidental death; as well as, natural causes and illness.

Traditional life insurance policies include coverage for accidental death.

However, you can have an individual insurance policy that covers only death resulting from an accident, which would be an accidental death insurance policy.

In addition, you may add coverage for double indemnity which pays out twice the death benefit if the insured dies from a cover...

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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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Basic Life Insurance means life insurance provided to an Eligible Employee under a plan sponsored by the employee’s Company equal to 1 (or 1.5) times the employee’s "Base Pay" as defined under the life insurance plan in which the Eligible Employee participates.

Usually, any employee may participate in the group employer provided life insurance plan.

And, individual employees may be able to purchase additional increments of life insurance out of their own pocket, if they need more coverage.

L...

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What is term insurance and how does it work?

Term insurance is temporary life insurance lasting for a specific period of time, usually up to 30 years.

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

If the insured person dies during the policy term, the death benefit is paid out to the beneficiary of the life insurance policy.

If there insured person is alive when the policy term expires, there is no payout of any benefits, and the coverag...

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Level term life insurance is a type of term life policy that offers competitive pricing with rates guaranteed remain level for the entire duration of your life insurance policy.

In addition, the amount of life insurance provided by your level term policy remains level for the entire policy term.

Level term life is the most popular type of term plan and offers the lowest rates for life insurance coverage.

These level term plans provide coverage for a duration of 10, 15, 20, 25 or 30 years.

Learn m...

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What is the best term life insurance plan to buy?

It really depends on your situation and insurance needs.

However, Level Term life insurance is by far the most popular type of term insurance plan purchased by consumers today.

Level Term offers you affordable pricing on coverage that lasts for up to 30 years.

With Level Term, your premiums are guaranteed never to increase during the life of your policy, and your coverage amount is guaranteed never to decrease during the life of your plan.

Here's h...

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Term life insurance is a type of life insurance plan that provides temporary coverage lasting for a specific number of years, usually up to 30 years.

Many insurers offer term life options of 10, 15, 20, 25 or 30 years of protection.

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

Term life insurance offers death benefit only coverage, which means there is no cash value or investment feature of the policy, only life insurance death benefits.

It's the cheapest type of life...

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If you're shopping for life insurance you may be wondering about the differences between accidental death insurance and term life insurance.

Accidental death life insurance plans provide a death benefit if the insured person dies as a result of an accident without a specific timeframe of the accident.

Whereas, term life insurance pays out a death benefit if the insured person dies during the term (duration) of the policy, and if the death occurs as a result of natural causes, illness or an acci...

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The cheapest type of life insurance you can buy is term life insurance.

Term life is the lowest priced type of life insurance because it is temporary coverage and provides a death benefit, but there is no cash value that builds up inside the policy.

It is not an investment, it is pure protection.

In addition, you may outlive the duration of your term life insurance, which means there would be no payout of any benefits.

Term life offers coverage lasting up to 30 years, depending on your specific n...

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Wondering if term life insurance is right for you and your loved ones?

Actually, term life is a good option for many people today.

1. If you have a need for life insurance to last for a period of 30 year or less, then term life is good.
2. If you need the most life insurance at the lowest cost, you may want to consider term insurance.
3. If you have a family and are on a budget, then term life may be right for you.
   

Find out if term life insurance is good for you and your family.

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

The insurance company agrees to pay out a death benefit on the policy when the insured person dies while the insurance is In Force.

In return, the owner of the policy agrees to pay premiums on a regular basis for the life insurance coverage.

The death benefit is paid to the beneficiary which is chosen by the owner of the policy.

If you have anyone who relies on you for financial support you may h...

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The best type of life insurance for you will depend on your specific situation and goals.

What do you want your life insurance plan to accomplish for you and your loved ones?

Also, your age, health, budget and the amount of life insurance will impact your buying decision.

As well as, how long you need your life insurance policy to last.

If you need life insurance for a period of 30 years or less, then term life offers the most affordable coverage.

If you need life insurance guaranteed to last your...

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Death benefit insurance is a type of life insurance that only provides a death benefit payout with no cash value inside your policy.

While permanent or whole life insurance may build cash value inside the policy, and provide a death benefit, term life insurance is death benefit only life insurance.

Term life is temporary life insurance lasting for a specific period of time.

If the insured person dies while the policy is In Force, the death benefit is paid out to the beneficiary of the insurance ...

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

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

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

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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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Where or not funeral insurance is a good idea for you will depend on your own personal situation.

If you have no money saved to cover the cost of your final expenses, including your funeral and burial, then funeral insurance would appear to be a good idea.

However, if you have enough money saved to pay for your funeral and burial costs, then maybe you don't really have a need for funeral insurance.

Learn more about whether funeral insurance is a good idea for you.

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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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It's a type of small life insurance policy providing lifetime protection which can be used to pay for your final expenses, including the cost of your funeral and burial.

Many burial insurance policies are offered with Guaranteed Approval, which means you cannot be turned down for a policy due to any health issues.

Several insurers offer burial expense life insurance policies including United of Omaha, Colonial Penn, AIG, MetLife, and Foresters, among others.

Learn more about how burial insurance...

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When you buy life insurance, the insurance company develops a premium based on several factors they take into consideration to determine the risk you present to be insured for life insurance.

The type and amount of life insurance are important in determining your premium.

However, the insurer begins with your personal risk factors that affect your longevity - life expectancy.

Risk factors usually include your gender, age, health, tobacco use, location of residence, driving record, height-to-weig...
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Funeral insurance is a type of permanent life insurance plan that provides a limited amount of insurance to pay for your final expenses, including the cost of your funeral and burial.

Usually, these funeral plans are guaranteed issue, which means you will not have to take a health exam or answer any questions about your health.

Many funeral policies offer from $3,000 up to $20,000 of life insurance protection.

Approval for funeral plans may be guaranteed, but the age requirements for guaranteed ...

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Which type of term life insurance plan is best for you?

For starters, level term life insurance has by far the most popular type of temporary life insurance plan.

Level Term offers the lowest rates and provides coverage that never decreases during your policy term, and the premiums remain the same for the life (term) of your policy.

In addition, there are other types of term policy, including Decreasing Term, Annual Renewable Term, Return of Premium Term, and No Exam Term.

However, level term off...
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Is term life insurance the best option for you?

Actually, it really depends on your situation, your needs, and what you want your life insurance policy to accomplish.

However, if you need life insurance that will provide protection for a duration of 30 years or less, then term life insurance may be the best option.

Why Term Insurance?

Because, it offers the cheapest rates by far for life insurance, which means you can afford to buy more coverage for your loved ones.

In addition, it offers flexibil...

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If you have been turned down for life insurance, or you are having a difficult time finding life insurance, you may be wondering in guaranteed issue plans are right fir you.

Many people look to guaranteed life insurance coverage as a last resort if they are uninsurable - unable to get insured.

There are many reasons why you may be considering guaranteed issue plans as an option for your life insurance.

Some of the more common reasons for buying guaranteed life policies include obesity, COPD, emp...

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Guaranteed acceptance is a phrase used related to life insurance which is a type of life insurance policy you may purchase with guaranteed approval.

Also known as guaranteed issue life insurance, guaranteed acceptance plans are offered as an option for people who are older or having difficulty getting insured for life insurance.

With guaranteed approval plans you cannot be turned down for coverage due to any health issues.

As long as you meet the age requirements and can pay the premiums, you ca...

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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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If you need term life insurance protection you may be wondering which type of term life is best.

There are a few different types of term life plans to choose from including Level Term, Decreasing Term, and Annually Renewable Term, among others.

These plans vary in pricing and coverage, but the most popular type of term policy by far is Level Term life insurance because it offers premiums that never increase during your policy term, and your coverage amount never decreases during your policy ter...

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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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The best time to purchase life insurance is when you realize you need coverage. The younger and healthier you are when you buy life insurance, the lower your premium.

Your life expectancy plays a large role in how you are rated for coverage, so - the longer you are expected t live, the lower your cost for life insurance.

Personal risk factors also impact pricing, including your gender, health, lifestyle, tobacco use, etc.

Many people choose to buy life insurance when they experience a major life...

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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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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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Yes, it may be possible for someone who has been diagnosed with cancer to purchase life insurance.

However, it will depend on the requirements for acceptance of the insurance company.

Several factors will be considered including your age, overall health, type of cancer, how you manage your cancer, your medication, chemotherapy, other treatments, prognosis, when you were diagnosed, etc.

And, if you are turned down for traditional life insurance policies, you may still be able to get insured with ...

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If you want to find the lowest priced life insurance coverage, you'll want to check out term life insurance.

Term life plans offer the lowest prices on life insurance.

With term life you choose a "term" which is the duration of your policy - how long your life insurance protection to last.

The shorter the policy "term", the lower your cost.

Term life usually offers coverage lasting for a period of up to 30 years, but you may be able to choose term for 10, 15, 20, 25 or 30 years of coverage.

Perman...

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If you're buying a new home, or you have a home, you may be considering mortgage life insurance to pay off your outstanding mortgage should you pass away.

With mortgage term life insurance you can get affordable rates and the coverage you need to fit your specific mortgage.

With mortgage term life plans you select a duration of coverage (term) that matches your mortgage loan - 15, 20 or 30 years.

And, choose an amount of term life insurance that matches the amount you owe on your home loan mortg...

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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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Direct term life insurance is a type of life insurance policy you can purchase direct from the life insurer online.

Term insurance is temporary protection lasting for a period of up to thirty years.

There may be several different terms of coverage available, including 10, 15, 20, or 30 year term life policies.

The longer your policy term, the higher your annual cost for insurance.

Several life insurers offer direct term life insurance, including Haven Life, AAA, ANICO, Fidelity Life and Globe Lif...
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If you're shopping for term insurance coverage, you may be wondering how your term life coverage is priced.

Pricing for term life insurance takes into consider several key factors to develop your premium.

Some of the main pricing factors include your age, health, type and amount of life insurance you need; as well as, your gender, lifestyle, occupation, hobbies, tobacco use, among other risk factors that may help the life insurer determine your life expectancy.

Since term life insurance is tempo...

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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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Yes, there are burial plans available without any health questions asked.

These are called "Guaranteed Issue" burial insurance policies and they guarantee your approval for coverage I you meet the age requirements, which may be 45-75, 40-80, or 45-85, usually.

Keep in mind, burial plan usually offer a limited amount of life insurance protection, from $3,000 up to $25,000.

But, if you need more insurance you may purchase coverage form more than one insurance carrier.

Here's how to get burial insur...
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Can someone with a pre-existing health condition purchase a life insurance policy?

Yes, depending on your age an estate of residence, there are life insurance companies that specialize in insuring high-risk people for life insurance .

There are also life insurance policies offering "guaranteed approval" for people ages 45 to 85.

If you meet the age requirements, you can get insured for life insurance, even if you have been denied coverage through other insurance companies in the past.

Learn how t...
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Easy issue whole life insurance is a way to get lifetime life insurance protection without the hassles of having to go through a physical examination.

With easy-issue plans you don't have to take a medical exam, or give blood or urine to be tested by a lab.

In fact, some insurers offer guaranteed approval whole life policies which means no exam, no health questions asked, and you cannot be turned down due to any pre-existing health condition.

However, with guaranteed issue policies you have to m...
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If you're shopping for a life insurance plan you may have heard about term insurance and whole life insurance, and wondered what is the difference?

Well, there are several important differences about the two basic types of life insurance: Term and Whole Life:

• Price
  
• Duration of Coverage
  
• Cash Value
  

To start, term life costs a lot less than whole life insurance because it is temporary, lasting for 30 years or less. Usually, whole life may cost up to 2-3 times more than the same amount of term life in...
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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 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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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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Do You Have a Pre-Existing Health Condition and Need Life Insurance?

If so, you may be wondering if it’s possible to get insured, if it will be affordable, and how much coverage you can get.

These are all good questions and concerns that many just like you with a health condition may be considering when in need of life insurance protection.

The answer to your question is "Yes", you can get life insurance with an existing health problem.

There are plans available that offer insurance to those wi...

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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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Term life insurance is a type of life insurance that provides temporary coverage for a specific number of years, usually for a period up to 30 years.

With term insurance, you select a term of coverage from 10, 15, 20 or 30 years.

If you pass away during your policy term, your beneficiary receives a payout of the death benefit from your term life policy.

If you outlive the term of your policy, there is no payout, and the coverage ends.

Term insurance is the lowest priced type of life insurance cov...
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Underwriting of life insurance is the process used by insurance carriers to analyze the risk presented by an applicant for coverage and determine if the person should be accepted for coverage, how much insurance to insure the person for, and at what premium.

There are factors considered when underwriting life insurance, including the applicant's age, gender, health, occupation, hobbies, lifestyle, tobacco use, driving record, among other things.

These risk factors help the life insurance compan...
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What is life insurance with guaranteed acceptance?

It's a type of life insurance plan that guarantees your approval for coverage - that means you cannot be denied coverage due to any health issues.

Basically, it means, if you meet the age requirements for acceptance, you cannot be turned down.

These plans may be available for people ages 45 to 85, depending on the insurance company offering the plan.

In addition, with guaranteed approval you will not have to take any health exam or answer any que...
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Is it possible for me to get life insurance if I have a health condition?

Yes, there are some life insurance policies available that may offer coverage for someone with certain health issues.

There are even "guaranteed issue" insurance policies offered to people ages 45 to 85. These are no exam plans that do not require you to answer any questions about your health. Your approval is guaranteed if you meet the age requirement.

Whether or not you qualify for a "fully underwritten" l...
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What are term life insurance price quotes and how do they work?

A quote for term insurance is an estimate of the annual cost for your term life policy based on the information you provide on the quote request form when requesting your life insurance quote.


You'll be asked some basic questions to get a free quote which may include your gender, age, state of residence, tobacco use, health, amount of life insurance coverage and duration of coverage needed.

Make sure you answer all questions truthfu...
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How is it possible that some life insurance policies can be so affordable?

Well, it really depends on the type and amount of life insurance, and your age, gender and health, among other things.

But, if you are young and generally health, you may qualify for really affordable rates on term life insurance which is temporary life insurance lasting for a duration between 10 and 30 years.

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

Since few young peop...
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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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What is term life insurance with guaranteed renewability?

It's a temporary life insurance policy that allows you to renew your policy for an additional period of time when the original life insurance policy ends.

You will not have to take an exam but your renewal policy will charge a premium based on your age at the time you renew your life insurance.

Usually, a renewal policy is offered for a duration of up to 10 years. That way, if your needs change after buying your first term life plan, you ...
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Burial insurance usually refers to a whole life insurance policy with a death benefit of from $3,000 up to $20,000 or more.

As its name implies, people buy this type of life insurance policy to provide money to pay for the funeral and burial costs for themselves and/or family members.

Many people who do not have enough money saved to cover the cost of their final expenses choose to purchase a burial policy so their loved ones do not have to suffer the financial stress of findi...

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To find out how much life insurance costs per month you can request and compare instant life insurance quotes online.

Your cost of life insurance will vary by insurer, and will be impacted by several risk factors including your age, gender, tobacco use, lifestyle, driving record, health, family health history, occupation and hobbies, etc. 

The longer your life expectancy, the lower your premiums. In addition, the larger the amount of life insurance, the higher your premiums. 

Smokers usually pay...
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Yes, there are insurers that offer instant issue term life insurance plans.

In fact, one "A++" rated life insurance carrier offers up to $1,000,000 of affordable term life insurance protection you may apply for and purchase completely online, and if you qualify, you can start your life insurance coverage immediately.

Remember, term life is temporary coverage which means you may choose life insurance for a duration from 10 to 30 years. Some instant term life policies offer coverage for a period ...
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If you're in the market for a term life insurance policy, there are several things to learn about and consider before making your purchase.

Here's a checklist to buying term life insurance coverage:

• Determine how long you need life insurance protection - 5, 10, 15, 20 or 30 years.
• Decide on how much life insurance coverage you will need.
• Figure out your life insurance budget.
• Comparison shop to find the most affordable plan.
• Review the financial strength ratings of the top insurer you consider for ...

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What is a level term insurance policy?

It's a type of life insurance that provides temporary coverage for a specific period of time, usually form 10 to 30 years.

How does it work? It's simple and affordable. You select a term for your coverage form 10, 15, 20 or 30 years. The term is the duration of your life insurance policy. The longer your term, the higher your annual cost of life insurance.

If you pass away during the term of your policy, the person you choose (your beneficiary) to receive y...
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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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Is it possible to get life insurance online that offers you guaranteed approval?

Yes, in fact, several insurers now offer guaranteed issue life insurance plans over the internet, including United of Omaha, Colonial Penn, Vantis Life, Gerber and AARP/NewYork Life, among others.

Keep in mind, guaranteed approval may be limited to people of a certain age group, for example, ages 45 to 85. Also, your death benefits may be limited the first two years you are insured.

In addition, there's no health ex...
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Are you shopping for a new life insurance policy?

Whether you are a first-time buyer or you already have a policy and need more coverage, there may be some questions you have about life insurance.

For instance, what types of life insurance are available, which type is right for you, how much life insurance do you need and how much does life insurance cost?

These are all important questions to consider before purchasing a life insurance policy.

But, where can you find the information you need to m...
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Term coverage is also known as term life insurance which is temporary life insurance protection for a specific period of time.

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

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

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

And, the amount of life insura...
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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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Is it possible for someone with cancer to get life insurance?

There are some life insurance companies that offer guaranteed approval life insurance coverage.

This means you cannot be turned down for life insurance due to any health issues, including cancer, obesity, HIV or DUIs.

Guaranteed issue life insurance companies include United of Omaha, Vantis Life, Metlife, Colonial Penn and AARP/NewYork Life, among others.

However, guaranteed issue life insurance usually has graded death benefits, so yo...
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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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Each insurance company that offers burial expense insurance will offer different burial policy coverages and pricing.

You'll want to consider which burial insurance company is best for you and your own needs.

Some insurers offer different amounts of burial insurance and prices will vary by carrier.

And, some insurers offer coverage for different ages, for example, one insurer offers guaranteed coverage for people age 45 to 75, while another leading insurer offers guaranteed coverage for people a...
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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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Unlike traditional life insurance that provides a death benefit only in the event of the death of the life insurance policyholder, accidental death and dismemberment insurance provides additional coverage in the event the policyholder becomes permanently injured in a number of specific ways.

This type of policy traditionally pays a certain benefit for the loss of limbs, with a specific dollar figure assigned to each type of lost limb.

Many companies provide this type of cover...

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What is Termfinder?

Termfinder is an online life insurance broker that has a network of more than 70 of the leading life insurance companies.

Termfinder offers you a way to instantly compare free life insurance quotes online form the top life insurance carriers.

You just fill out a short quote request form answering some basic questions and then you instantly see the best prices for life insurance on your screen without any delays or hassles.

With Termfinder you can find affordable life insurance...
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Universal life insurance provides a flexible premium and an adjustable death benefit that builds value over time inside your life insurance policy.

The flexible nature of the universal life insurance policy means that the policyholder is free to change the amount of life insurance coverage to match his or her needs, making it easy to adjust the life insurance policy.

Get a free quote for universal life insurance


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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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Is there a waiting period before the full benefit takes effect for guaranteed life insurance? 

Acceptance can be guaranteed because of a limited benefit period for death during the first two or three years you are insured.

In most states the full death benefit is paid from the very first day of coverage for accidental death provided by your guaranteed issue life insurance policy.

Remember, with guaranteed issue plans there are no exams required and no health questions asked.

...
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Some life insurance advertisements claim you cannot be turned down.

What's the catch?

Well, these are called guaranteed issue life insurance policies.

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

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

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

The catch is that there is a limited d...
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Are you a senior looking for affordable life insurance to cover your final expenses?

If so, you may want to consider Fidelity Life final expense insurance. They offer very affordable rates for people age 50 to 85.

With Fidelity's rapid decision final expense plan you can get up to $20,000 of affordable life insurance coverage in just 24 to 48 hours. 

There's no health examination required to get approved for a policy.

Fidelity Life is a trusted insurer offering senior life insurance protection at...
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The characteristics of term life insurance coverage include temporary coverage, no cash value, and the life insurance policy expires if you outlive the duration of your term.

Term life insurance is temporary life insurance protection that usually lasts for a period of between 1 to 30 years.

Many term life policies are issued for a term of 10, 15, 20, or 30 years of coverage.

Term life insurance is pure life insurance protection, you pay only for the life insurance coverage, t...

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Funeral insurance and life insurance are different in a few ways.

Life insurance may offer up to $1,000,000 of protection or more depending on your age and health.

Whereas, funeral insurance usually offers up to $25,000 of coverage.

Life insurance may or may not require you to take a health exam, depending on your age and the amount of coverage you need.

Whereas, a funeral insurance policy may provide coverage with no health exam and no health questions asked.

Life insurance may decline to offer y...
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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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What is instant issue term insurance?

It's temporary life insurance protection that allows you to start your life insurance coverage immediately.

Term insurance offers you low cost life insurance for a term of 10, 15, 20 or 30 years with level premiums each year for the life of your term life insurance policy.

Instant issue term life allows you to get a free quote, apply online and start your term life policy the same day, if you qualify for coverage.

Is there any health exam required?

No, there's...
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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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Which term life insurance is best and what company offers the best rates?

Term insurance is short term life insurance for a period of 30 years or less.

You want to decide how long you need life insurance protection, and then choose the right term that m,sets your needs.

For instance, if you want life insurance protection for your family until the kids are grown and on their own, you may want a term of 15 or 20 years depending on the ages of your children.

Or, if you want life insurance to pay off...
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No, mortgage insurance is not optional

If you have a home mortgage loan which is greater than 80% of the value of your home and the lender requires mortgage insurance, then it is not optional, it is required.

If the amount of your home mortgage loan you take out is less than 80% of the value of your home, then mortgage insurance is not required.

However, even if you are not required to have mortgage insurance you may want to take out mortgage life insurance to protect your home ...

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Mortgage insurance can help provide you with the peace of mind knowing your family will be able to continue living in the home they shared with you while you were alive, while providing your loved ones with the security of keeping their home if you are no longer there to provide for them.

If you own a home and have a mortgage loan on your home, it may be a good idea to have mortgage life insurance to protect your family and help to make sure your family can go on living in your home should som...
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Term life insurance is what people call "pure insurance." It is pure life insurance protection with no investment feature in the policy. It provides life insurance, and there is no build up of cash value inside the policy.

You pay a premium for a specific period of time, usually 10 to 30 years, and the insurance company will pay a death benefit to your beneficiary if you pass away in that time period.

You designate an amount of life insurance with the insurance company and the...

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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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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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Whole life insurance coverage is a type of life insurance policy that provides you with guaranteed lifetime protection and builds cash value inside the policy over time from which you may take a loan.

Regular whole life insurance policies provide you with full coverage immediately,m from the first day you are insured.

However, some whole life insurance policies; such as, guaranteed issue whole life insurance, provides limited death benefits the first 2 or 30 years you are insured under the poli...
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Life insurance is a contract between an individual and a life insurance company.

The insured person agrees to pay a premium to the insurance company in return for the life insurance company promising to pay out a death benefit to the insured person's beneficiary of choice upon the death of the insured person.

The life insurance policy may include specific exclusions for which the death benefit will not be paid out, for instance, if the insured person were to commit suicide within 2 years of pur...
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A 15 year term life insurance policy usually has the following features:

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

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

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

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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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Life insurance is cheaper to buy when you are at a younger age if your health is good or you have no other risk.

Some things that can increase a younger person's life insurance rates do not show up so much in older persons.

For example, DUI's, suspended drivers licenses, some mental disorders, suicide attempts, and type 1 diabetes, to name a few. 

While under the age of adulthood, some of these conditions can make it impossible for a child or teenager to get life insurance, alt...

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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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Yes, there are life insurance policies that do not require you to take a physical exam.

Some plans are called guaranteed issue which offer a small amount of life insurance and limited death benefits the first 2 years you are insured.

Other no exam life insurance plans are simplified issue with just a few health questions and no health exam required.

People age 65 and under may qualify to purchase up to $499,000 of life insurance without taking a health exam.

Here's how you can learn more about l...
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I want to buy a life insurance policy and start my coverage right away.

Is it possible to get life insurance today?

Yes, there is life insurance available online that offers you the option of starting your policy today, if you qualify.

You just request a life insurance quote, apply online by answering some health questions, and you find out, usually within the hour, if you qualify. 

Once you are approved, you can start your life insurance that day. There's no meeting with an agent, and no physic...
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How can I get lower rates on term life insurance - are there any discounts available?

Yes, there are some discounts that may be available for term life insurance.

For instance, some insurers offer a multiple policies discount if you have more than one type of insurance with the insurer. 

In addition, discounts are offered for better than average health and for a good driving record.

If your lifestyle presents a better than average risk for death sooner than the average life expectancy of a person...
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Do any insurance companies offer guaranteed acceptance for life insurance? If so, which insurers offer this coverage?

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

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

However, keep in mind, guaranteed approval plans have graded death benefits the first 2 years you are insured. So, you won't have full coverage immediately, but aft...
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Is there life insurance that offers guaranteed approval for coverage?

Yes, there are guaranteed acceptance life insurance plans that will issue life insurance for anyone who meets their criteria for approval. Usually, with guaranteed issue life insurance you have to be a certain age, for instance, from age 45 to 75 or age 50 to 80, to get guaranteed approval.

With guaranteed issue life insurance your health doesn't matter, and even if you have been turned down for life insurance from other insu...
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If you're looking to but true lowest priced life insurance policy you may want to consider term life insurance.

Why term life? Because, term life insurance has the lowest rates on life insurance with coverage for up to 30 years.

Term life is the cheapest because it is temporary, lasting for the term of your policy.

You can usually choose a term of 5, 10, 15, 20, 25 or 30 years for your term life insurance policy.

The shorter the term, the lower your premium. The lower the amount of life insurance...
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No, term life insurance is not the most expensive life insurance.

Actually, term life costs a lot less than whole life insurance.

Since term life coverage lasts for a specific number of years, it costs much less than permanent life insurance that lasts for your entire lifetime.

Term life plans usually offer coverage for a period of 10, 15, 20, 245 or 30 years.

However, if you choose to renew your term life insurance when your initial term expires, the premium will be much higher at that time beca...
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Yes, there are life insurance plans available that do not require you to take a medical examination to qualify.

In fact, some plans may offer up to $350,000 of life insurance coverage without any exams. However, whether or not you qualify will depend on your age, health, and your answers to any health questions asked on the application.

You can compare rates and plans instantly, and apply online for a no exam life insurance policy in minutes.

Also, some life insurance no exam policies allow you ...
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Guaranteed issue in life insurance means that you will not be turned down for life insurance for any reason, regardless of any health condition.  

Most life insurance policies go through underwriting, which is where the life insurance company decides the degree of risk involved with insuring you for life insurance.

For example, are you healthy and expected to live a long life or do you have health issues that could shorten your life expectancy?

With a guaranteed issue life insur...

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A guaranteed whole life insurance policy is life insurance that is guaranteed issue, and provides guaranteed lifetime protection.

A guaranteed issue life insurance policy offers a small amount of life insurance, usually up to $20,000 with limited requirements. So, there's usually no health exam required and there may be no health questions asked, depending on the life insurance company and plan.

And, if you meet the age requirements, you are guaranteed to be approved for coverage. 

For instance,...
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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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Many term life insurance policies are renewable after the initial term expires, and some are not.

Check your life insurance policy language for conversion privileges and features, or ask your life insurance carrier or agent to explain whether or not your term life insurance policy is renewable.

The term life policies that do offer the ability to renew coverage at expiration usually come with much higher rates for the renewal policy.

People who can provide evidence of good he...

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What is voluntary term life insurance?

Usually it is a life insurance plan offered through your employer to provide employees with an opportunity to purchase life insurance coverage through work, and the premiums may be payroll deducted.

In some cases, voluntary group life insurance plans offer life insurance coverage at a higher cost, but with fewer health questions and no laboratory testing. 

It's important to keep in mind when considering life insurance that the more healt...

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When a life insurance claim is denied, it's usually because the death occurred within the first 2 years of the policy being "In Force", which is known as the contestability period, and it's discovered the applicant for life insurance intentionally lied on the application to get the life insurance coverage, or the insured person committed suicide within the first 2 years of being insured.

Once the contestability period expires (first two years), and death occurs, the life ins...

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Is term life insurance better or whole life?

The answer depends on your own personal needs and situation.

Term life insurance may be a good idea if you are on a budget, need the most life insurance for your money, or need life insurance for 30 years or less.

Whole life insurance may be a good idea if you really need lifetime protection that will not end, or you want to build up cash value inside your policy over time, in addition to having life insurance.

Term life is temporary and provides pure ...
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There are many things to consider when buying a life insurance policy.

First, what is it you want your life insurance to accomplish?

How long do you want your life insurance protection to last?  

How healthy are you?

How much can you safely afford to spend on your life insurance policy?

The answers to those questions will give you a better idea of what to look for when shopping for your policy.

In addition think about how much life insurance you really need, and if you are marrie...

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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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The factors that an insurance agent or life insurance company would need to begin the quoting process for life insurance include the type of life insurance policy, how much face amount of life insurance coverage, for how many years, your age, your height and weight, state of residence, tobacco use and your general health status.

The life insurance carrier you apply with, and a number of other factors control how much a life insurance policy will cost. Premiums can be anywher...

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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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There are different "types" of no medical exam life insurance plans that are available.

Some life insurance companies offer life insurance up to a certain amount by asking a few medical questions and if you answer those satisfactorily the life insurance coverage is issued. This type of life insurance could cost you more than similar life insurance that is fully underwritten.

Some no exam life insurance plans offer up to $350,000 or more of life insurance without any health ex...

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

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

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

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A whole life insurance policy can be a good investment for some people.

Life insurance creates cash upon the death of the insured person, and whole life insurance is designed to be "In Force" your entire lifetime, until you die, not if you die within a specified term or period of time.

From an estate planning point of view, that is a good thing, since it is guaranteed your beneficiary will receive the death benefit from your whole life insurance policy.

If you need life insu...

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There are several different terms used to identify the cost of a life insurance policy.

Some of the more common terms used are the "quote, "rate" and "rating" of a life insurance policy.

Here are the commonly understood definitions of these life insurance terms:

A Life insurance quote is the price the life insurance company thinks you will get based on the information you provided when requesting a life insurance quote. 

If you are looking for a medically underwritten policy and ...

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The best age to buy life insurance is when you decide you have a need for life insurance.

You may want to consider buying life insurance as soon as you have a need, because rates for life insurance increase as you get older, and if your health changes, you may find it difficult to qualify for approval.

That's why it's important to lock-in the lowest rate for life insurance as soon as you need coverage.

If you have someone who relies on you for financial support, you may need life insurance.

Wheth...
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The price you pay for a life insurance policy will depend on the type and amount of life insurance coverage you purchase.

In addition, rates for life insurance will vary by insurance company.

Your own personal risk factors will have an impact on your rate for life insurance. These risk factors may include your age, gender, health, family health history, occupation, hobbies, height-to-weight ratio, lifestyle, driving record, if you smoke or not, and other factors that affect how long you may be ...
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How much you pay for your life insurance on a yearly basis will depend on several factors.

The type and amount of life insurance will contribute the the rate for life insurance.

In addition, the risk class is the most critical factor in determining the cost of a life insurance policy.

The risk class depends on a number of personal risk factors including whether you're male or female, your health history, family health history, occupation, hobbies, lifestyle, driving record, hei...

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Whether or not whole life insurance is recommended for you really depends on what you need the insurance to do - what your goal is for your life insurance?

If you are looking for life insurance protection only to cover you for a short period of time, then perhaps a term life insurance policy would make more sense, since it offers low cost life insurance coverage for a period of up to 30 years.

If you are looking to create a tax-free legacy for your children or spouse, cover f...

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First, whether you need life insurance at any given point in time is based on you individual situation, future goals, and needs.

For most people, life insurance may be needed after they retire, since life insurance creates cash at death.

Some uses for life insurance after your retirement are to help pay for your burial, funeral, and other related final expenses, pay taxes upon your death, and other business estate or legacy planning purposes.

In addition, cash value (perman...

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What is whole life insurance?

Whole life insurance is one of two types of life insurance coverage.

Whole life provides life insurance protection and a savings component.

Whole life insurance gives you guaranteed life insurance for your entire life.

In addition, it builds up cash value inside the policy over time from which you may be able to take a loan.

With whole life, you pay the same premium for your life insurance coverage each year.

Whole life insurance costs a lot more than term life insuran...
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Globe Life is an excellent life insurance carrier.

Globe Life and Accident Insurance Company is rated "A+" (Superior) by AM Best Company for financial strength.

Globe Life was established in 1951 and has more than 3.9 million policyholders.

Globe offers simplified life insurance plans where people age 78 and under may qualify to buy life insurance with just a few health questions asked.

You can get instant life insurance quotes and apply online for your life insurance policy. They provide a 30 da...
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The best type of life insurance to buy really depends on your own personal situation, and hat your needs are for life insurance - what you want your life insurance policy to accomplish.

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

Term life insurance is temporary coverage that offers the most life insurance at the lowest price, for people who need life insurance for a period of 30 years or less.

If you have lifetime, or longer term needs, a permanent life insurance may be a g...
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Term life and permanent life insurance are the two basic types of life insurance.

Term life insurance costs the least because it is temporary and builds no cash value inside the policy.

Permanent life insurance provides lifetime coverage; whereas, term life is temporary with level rates for up to 30 years of life insurance protection.

Term life offers the flexibility of providing coverage with level premiums for a period of 10, 15, 20 or 30 years.

Since term life costs less, it means you can affo...
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Guaranteed issue in a life insurance policy means that you will not be turned down for coverage any reason, regardless of any health condition.  

Most life insurance policies go through full underwriting, which is where the life insurance company decides the degree of risk involved with insuring your life. For example, are you healthy and expected to live a long life or do you have health concerns that could potentially shorten your life expectancy?  

With a guaranteed issue li...

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If you fill out an application for life insurance coverage, it will ask you: "What is the purpose for your life insurance policy?" That is because the purpose varies from person to person.

Some of the more common purposes for which people buy a life insurance policy include:

• To replace their income for their family.
• To hire others to replace their contributions to the family that would be lost upon their death of the insured (daycare, transportation, cleaning services, lawn ...

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

New York Life

Northwestern Mutual 

TIAA-CREF 

USAA

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

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

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

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Yes, you may be able to qualify for life insurance if you have Grave's Disease.

If your Grave's Disease is in remission, or has caused hyperthyroidism that is is well controlled by medication, Grave's Disease will not make much impact on the rate you are charged for your life insurance policy.

If combined with other health conditions, or if you have some health complications from Grave's Disease, you might be rated up or even turned down for some life insurance policies.

Howe...

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If you have Hepatitis C you may have more than one option for purchasing a life insurance plan.

In fact, you can try a fully underwritten life insurance policy that requires a medical exam.

However, in addition, you may want to consider simplified issue life insurance plans with no exam but some health questions, or you could try a guaranteed issue life insurance plan.

Whether or not you qualify for any of these plans may depend on your health, and whether you have liver damage.

If you have had s...
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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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A joint life insurance policy provides life insurance protection for two or more lives.

When one of the insured persons dies, the life insurance policy pays the death benefit and the life insurance coverage ends. It no longer covers the other insured person under the life insurance policy. 

A joint and last survivor life insurance policy does not pay out a death benefit when the first person dies, but pays out the death benefit upon the death of the last person to die who is...

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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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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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Are you looking for affordable life insurance coverage, and wondering how much your life insurance policy will cost?

If so, you should first understand how rates for life insurance are determined.

Each life insurance company has their own set of rating guidelines based on your personal risk factors.

In addition to the type and amount of life insurance you need, other factors affect the price you pay for life insurance.

These are called personal risk factors, and they help the insurers to determin...
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Each life insurance provider has their own pros and cons.  

The key is understanding which life insurance provider has the best solution for your specific life insurance needs.

Each life insurance company has their own set of underwriting and pricing guidelines based on their experience with different classes of risk for life insurance; such as, smokers, seniors, diabetics, etc. So, you may want to compare plans and pricing from several life insurance companies because they all...

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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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Life insurance that is guaranteed issue means that the person applying for the life insurance policy cannot be turned down due to life insurance, or other risks.

However, there are usually strict age guidelines for guaranteed issue life insurance policies, with the minimum age usually around ages 40-50 and the maximum age usually under age 80. 

Also, the life insurance policy usually has a graded death benefit during the first one to three years, meaning that it will pay a p...

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A term life insurance policy is a form of temporary life insurance elating for a specific period of time.

Usually, a term life insurance plan provides coverage for 10, 15, 20 or 30 years. Your premium is guaranteed for the term of your policy, and level term life insurance has level amounts of life insurance coverage for the entire term of your policy.

If you die during the term, your life insurance pays out a death benefit to the person you chose as beneficiary.

If you outlive the term of your ...
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Yes, you can get life insurance even if you have ulcerative colitis.

If you want more than $25,000 of life insurance coverage, the insurance company will most likely require your medical records. The life insurance company will check to see if your ulcerative colitis condition is stable and mild to moderate, which should qualify you for a life insurance policy.

However, any recent flare ups, surgeries, certain prescriptions, or complications such as liver disease, could caus...

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The term of a life insurance policy is usually the number of years that a Term Life Insurance policy will stay the same price.

Term life insurance plans that are "level term" have the same premium each year for the duration of the term; such as, 10, 15 or 20 years.

I say "usually" because some life insurance policies will increase the price every few years or every 5 years, or at a certain point in the policy.

Other life insurance plans will say the policy "usually" will stay ...

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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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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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The type of life insurance plan that meets your needs is the one that is better between term or whole life insurance.

Also, some people have a need for both types of life insurance because they need term life for their short term needs, such as, protecting their growing family until they are adults, and whole life insurance for their lifetime needs, such as, providing for their final expenses and estate taxes.

But, if you have a need for 30 years or less, then a term life insurance policy can b...
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There are several questions you may want to ask when purchasing your life insurance policy.

It's important to get the right amount of life insurance, choose a financially secure life insurer, and get affordable coverage with rates that are guaranteed to remain level.

1. Does the life insurance policy cover *death by any reason? In other words, don't be fooled into buying Accidental Death Life Insurance  when you think you are buying Life insurance which covers all types of deat...

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There are several types of life insurance to choose from when buying your term life policy.

As for which is good for your needs it will depend on what you are trying to accomplish with your life insurance.

The basic types of term life plans are Level Term, Decreasing Term, and Return of premium term life insurance.

Renewable term life is an option you can add to your policy that allows you to renew your current term life insurance plan for another 10 year term without having to take a health ex...
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Whether or not it is smart to buy whole life insurance depends on your own specific situation, and what your life insurance goals and needs are for you and your loved ones.

If you need lifetime protection then whole life insurance may be a good idea.

If you need life insurance that may build up some cash value inside the policy from which you may take a loan out in the future, whole life may be a good idea.

However, if you are on a budget, have life insurance needs of 30 or less, or just need th...
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There are a few benefits of term life insurance over whole life insurance, including:

1. Term life costs a lot less than whole life insurance which means you can afford to buy more life insurance.

2. Term life offers the flexibility if choosing how long you have life insurance coverage from 10, 15, 20 or 30 years of protection.

3. Term life is easy to understand, you pay premiums for the coverage for a certain period of time, if you die during the term, your beneficiary receives a death benefit....
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Life insurance differs from Accidental death insurance in that Life Insurance pays for death of the insured person by any reason (except suicide in the first two years in most states), whereas Accidental death insurance only pays out a death benefit for death of the insured resulting from accidental reasons.

AD&D stands for Accidental Death and Dismemberment. If the death of the insured person is due to falling down stairs, a car accident, or any other type of accident, the ...

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The face amount of a life insurance policy is the original dollar amount of life insurance protection or coverage for which the policy was taken out.

The face amount of life insurance is also the amount of money that is paid to the beneficiary or insured (if the policy matures), minus any loans, or increased by any values stated in the contract.

The face amount of a life insurance policy is the amount of money your beneficiary will receive upon the death of the insured perso...

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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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Life insurance death benefits are normally paid in a lump sum to the beneficiary or beneficiaries of the life insurance policy.

Or, life insurance proceeds may be paid in regular payments over a number of years.

Another option is a combination of both payment options, where the beneficiary receives a lump sum with the remainder made in payments over time.

When the life insurance policy proceeds are not taken all at once, there is interest paid to the beneficiary on the money th...

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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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I physical exam for life insurance is an examination that checks your health for any ailments and to determine if you have any nicotine or illegal drugs in your system, as well as if you have STD's, high cholesterol, high protein levels, or any other health problems, such as, diabetes or emphysema.

Life insurance companies don;t always require a medical exam of the person applying for life insurance. It depends on the person's age and the amount of life insurance requested. For instance, a 30 ...
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Term Life Insurance is not the best type of life insurance for every situation.

Some people think they would only need life insurance for a temporary period of time.

However, if they are thinking ahead to their final years, and worried about where the money will come from to bury them, they may want to consider a permanent life insurance policy.

If your need for life insurance is temporary, not permanent, Term Life Insurance is best for its relatively low price tag and flexib...

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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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When the term of a term life policy has ended, either:

1. The life insurance policy ends, which means there is no longer any life insurance coverage, or

2. The life insurance policy goes into an annually renewable term, unless

3. It has a rider or feature that enables it to enter a new level premium for a term of 5 or 10 years usually, at a higher price.

This new annually renewable premium is much higher than the original term life insurance premium was and can go up every year ...

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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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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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According to the American Council of Life Insurers (ACLI), in 2008, the face amount of the average life insurance policy in the U.S. was $183,000.

In 2010, the face amount of the average life insurance policy was $165,000. So, over that two year period, the average amount of life insurance for a policy had decreased by $18,000 in life insurance coverage.

If a life insurance policy is Term insurance, there is no cash value worth to the policy itself, there is only life insura...

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