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

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

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

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

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

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

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

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Can I buy death insurance for my home loan?

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

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

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

T...
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Life insurance policies with no medical exam and no health questions asked are commonly referred to as "guaranteed issue" or "simplified issue" life insurance. Here's an explanation of how these policies work and who may benefit from them:

1. Application process: When applying for guaranteed issue life insurance, you don't need to undergo a medical exam or answer health-related questions. Instead, you provide basic personal information such as age, gender, and contact details. The application i...

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No medical exam life insurance is an attractive option for people over 50 who want to purchase life insurance without undergoing a medical exam. This type of insurance policy is designed to provide coverage without the need for a medical exam, making it a popular option for people who may have pre-existing health conditions or who simply want to avoid the inconvenience of undergoing a medical exam. In this article, we will discuss the types of life insurance plans available, how they work, an...

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Yes, you may be able to purchase a 5 year term life plan with no exams if you qualify for coverage.

Usually, insurers offer term life policies for 10, 15, 20, or 30 years.

However, there are some that offer 5 year term life plans; such as, Globe Life.

Through Globe Life you may have the option of choosing the following amounts of coverage for 5 year term policies:

• $5,000
  
• $10,000
  
• $20,000
  
• $30,000
  
• $50,000
  
• $100,000
  

Globe Life offers coverage with just a some health questions and a simple application. 

You c...
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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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A term life insurance policy is a type of life insurance plan that provide temporary coverage usually lasting for a policy term (duration) of up to thirty years.

However, there are several policy terms to choose from, including 10, 15, 20, 25, 30, 35, or 40 years, depending on your age.

The shorter the policy term, the lower your annual cost of life insurance, because you have a lower probability of dying during the shorter term.

If the insured person dies during the policy term, the death benef...
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Permanent life insurance is a type of life insurance that provides lifetime protection, meaning your coverage never expires un less you stop paying your premiums or you request to cancel your policy.

Permanent life insurance plans provide a death benefit and build some cash value inside the policy over time from which you may be able to take a loan if needed.

Permanent life insurance is much more expensive that term life insurance which provides temporary coverage for a duration of 10, 15, 20, ...
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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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Can I buy no medical exam life insurance for my parents?

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

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

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

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

However, even if the...
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Converting a term life insurance policy is an option people who have convertible term life insurance may exercise to convert their existing term life insurance into a permanent life insurance policy.

Some people decide they need lifetime coverage after having purchased a term (temporary) life insurance policy.

The option to convert your term policy allows you to convert your temporary life insurance into a permanent life insurance plan.

You will not need to take a medical exam to prove insurabil...
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Term insurance is a type of life insurance that provides you with temporary coverage lasting for a specific period of time, usually up to 30 years.

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

If you are alive when the policy term ends your life insurance coverage expires and you are no longer insured - there is no payout of any benefits.

Level Term Life Insurance usually offers the most affordable life insurance coverage lasting for thirty years or less.

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Are you buying your first life insurance policy?

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

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

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

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

Also, you'...

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A waiver of premium rider is an insurance policy clause that waives premium payments in the event the policyholder becomes critically ill, seriously injured, or disabled.

A waiver of premium in life insurance is an action by the insurance company canceling premium payments by an insured who has been disabled for a specified period of time (usually, least 6 months).

The life insurance policy remains "In Force", just as if the insured was still making the premium payments.

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

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

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

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

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What are life insurance premium payments?

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

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

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

You can set up automatic premium pa...

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Can I buy a final expense insurance policy with no medical questions asked?

Yes, if you qualify for coverage you may purchase a no medical question final expense policy.

These plans are guaranteed issue, which means there is no health exam or health questions asked.

However, guaranteed issue policies are usually available for people over 45 years of age.

You need to meet the age requirement for guaranteed acceptance on your policy.

One insurer offers guaranteed approval final expense life insuranc...

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A life insurance policy becomes effective when underwriting approves the application, when the insurance company accepts the application, and the first premium is paid for the policy.

When all those conditions are met the insurance policy is considered "In Force", also known as "In Effect" – meaning you are insured.

Learn more about When a life insurance policy becomes effective.

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How long does term life insurance last?

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

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

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

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Can I buy a term life insurance policy without taking a medical exam?

Yes. And, you can compare no exam term life insurance quotes online by visiting a life insurance website and requesting your free quote.

Some insurers offer up to $500,000 of coverage with no exam, while one highly-rated insurer offers up to $2,000,000 of no exam life insurance coverage.

Here's how to get term insurance quotes with no medical check up.

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Can I buy a term life insurance policy without taking a medical examination?

It depends on your age, health, and the insurance company guidelines for approval.

However, there are now several insurers that offer no exam term life insurance policies for qualified applicants between the ages of 20 to 60 years old.

In addition, other insurers may offer plans for people ages 18 to 78 years of age, but offer lower maximum limits of life insurance coverage.

Some insurers offer same-day coverage for qual...

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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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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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No. You cannot buy a life insurance policy on someone you don't know.

In order to purchase life insurance on another person you need an Insurable Interest in that person, and you would need their consent - permission to get the insurance.

Usually, the insurance company would require the signature on the application of the person you wish to insure.

That person would need to sign the application for life insurance coverage, which would verify that the person is aware of the life insurance covera...

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What is the meaning of term life insurance?

Term life insurance is a type of life insurance policy that provides temporary protection for a specified period of time, usually up to 30 years.

The "Term" of a term life policy is the duration of coverage provided by the life insurance.

You may be able to choose a "Term" 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 term life policy.

If the insured...

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Yes. Fidelity Life does offer life insurance plans without any health examination required.

These are term life insurance policies offering coverage for a specific period fo time; such as, 10, 15 or 20 years of protection.

Qualified applicants may purchase up to $499,999 of affordable term life insurance coverage without taking a medical.

You may qualify for coverage within 24-48 hours of applying online.

Fidelity offers competitive pricing on their non-medical term life insurance policies.

Here's...

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Yes, there are life insurance policies that offer immediate death benefit coverage.

In fact, most life insurance is issued with immediate coverage once you have been accepted and paid your first month's premiums - the coverage foes into effect immediately.

However, graded death benefit life insurance policies, also known as, guaranteed issue life insurance, have limited benefits the first 2-3 years you are insured.

That is how they can guarantee your acceptance for coverage even if you have heal...

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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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Is there any life insurance I can buy to protect my income?

Yes, there are life insurance policies to help replace your income for your family should you die.

Term life is the most affordable option, offering coverage for a period of up to 30 years.

The proceeds from the life insurance policy go to your beneficiaries and can be used for any purpose; such as, to pay for living expenses, pay off debt, and maintain your family's lifestyle.

Learn about life insurance to protect your income for your l...

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No. If you answered all questions truthfully on your application for life insurance, the coverage cannot be taken away if your health changes. 

Once the life insurance policy is approved by the insurer, and you have made your first premium payment to the insurer, the coverage is In Force. 

It can be cancelled if you contact the insurer and request cancellation, or if you stop paying your premiums and the coverage lapses.

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Can I buy life insurance coverage without answering any medical questions?

Yes. It's called "Guaranteed Acceptance" permanent life insurance and it offers guaranteed approval for anyone who meets the age requirements.

Guaranteed Acceptance means you can't be turned down for coverage do to any health problems, as long as you meet the age requirements.

The age requirements for approval may vary by life insurance carrier from ages 45-75, 40-80, or even 45-85 years old.

Learn more about how to get a ...

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Actually, that depends on your age and health.

Fidelity Life does offer life insurance with no medical exam required for healthy people who meet the age requirements for approval.

You can get a free quote for coverage with no exam required. Fidelity Life offers up to $499,999 of no exam term life insurance protection.

Fidelity Life offers competitive pricing on life insurance without an exam.

Here's how to learn more about Fidelity Life Insurance with No Medical Exam needed.
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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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If you're shopping for life insurance without any exams, you may be wondering how much it would cost for a policy.

The premium charged for coverage will depend on the type and amount of no exam life insurance you buy.

In addition, your personal risks factors will impact pricing of your policy, including your age, gender, health, lifestyle, tobacco use, occupation, hobbies, etc.

The younger and healthier you are when you purchase your policy, the lower your cost of coverage.

Learn more about the c...

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Is there New York Life Insurance with No Medical Exam?

Yes, in fact, there are several life insurance carriers that may offer coverage to people without having to take an exam.

For example, ANICO offers healthy individuals up to $249,999 of life insurance with no exam - for residents of New York state.

In addition, several other insurers offer no exam life insurance; however, the requirements for approval with no exam are more stringent - some require people in good or excellent health.

Here's ho...

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

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

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

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

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

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Is it possible for me to buy a life insurance policy without any medical exams or medical questions asked?

Yes, there are life insurance policies available with no medical needed and no health questions.

Two types of life insurance policies offering this kind of coverage include accidental death insurance which pays out a death benefit if the insured dies as the result of an accident.

The other type of life insurance is guaranteed-issue which offers a limited amount of insurance coverage, usuall...

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

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

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

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

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

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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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Yes, there are no-exam life insurance plans available for people over 65.

You may be able to choose from permanent life insurance , term life insurance, or guaranteed-issue life insurance without an health exam, if you're over sixty-five years old.

However, the most affordable life insurance policies will be term life, since they are temporary and build no cash value; whereas, guaranteed-issue policies will cost the most because they guarantee your approval for life insurance.

Learn more about f...

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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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What is the maximum amount of life insurance you can purchase without taking a medical examination?

That really depends on your age and your health.

In addition, the insurance company limit of non med life insurance will vary by life insurance company.

Some insurers may offer up to $50,000 of non med coverage, while one highly-rated insurer offers up to $3,000,000 of life insurance with no medical exam for healthy individuals.

And, you may purchase no medical life insurance policies from more tha...
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What is the maximum amount of life insurance you can get without taking a medical exam?

It really depends on your age and your health, as well as, the insurer you apply to for coverage.

The limit of non-med life insurance available will vary by insurance carrier.

Some life insurers may offer up to $50,000 of non-med coverage, while one highly-rated life insurer offers up to $3,000,000 of life insurance with no medical exam for healthy individuals who qualify for coverage.

And, you may be able to ...
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Is it possible to buy life insurance that starts your insurance coverage today?

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

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

The online application process for life insurance usu...

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

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

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

If you need more life insurance ...

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

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

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

That way, your family can maintain their standard of living and have f...
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Can I get life insurance if I have a pre-existing medical issue?

Yes, you may qualify for a fully underwritten life insurance policy, or you may choose guaranteed acceptance life insurance, if you meet the age requirements for approval.

Some guaranteed issue life insurance plans are available for people ages 45 to 85.

Even if you are over 75, or have been denied coverage by other insurers, you can still get guaranteed coverage.

Learn more about buying life insurance with a medical condition.

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It depends. Are you a homeowner with a mortgage?

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

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

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

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

Life insurance can help provide you with peace of mind knowing should something happ...
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By using medical tests are insurers trying to eliminate any applicants that are likely to develop a serious health condition in the future?

Medical tests provide accurate, current information about an applicant’s health that enable insurers to charge premiums that reflect the level of risk an applicant represents.

Because some health conditions are easily managed through proper medication, therapy or lifestyle changes, medical information makes it possible for insurers to cover applicants wi...
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Yes, you may be able to purchase a burial insurance policy on a member of your family.

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

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

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

This is a standard practice in the life insurance industry.

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

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

They want to find out if you are a good risk for life insurance, and your medical r...
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Which insurance companies life insurance online with no medical testing required?

There are several highly-rated insurers now offering no test term insurance plan online with coverage available up to $1,000,000 for qualified applicants.

Some of the leading providers of online term insurance include Haven Life, Sagicor Life and Globe Life, among others.

Online term life plans offer you the option of purchasing your coverage direct online and starting your policy immediately upon approval - with n...
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Yes, if you meet the age requirements for approval, you may purchase life insurance coverage without having to answer any questions about the condition of your health, or your health history.

These are called "Guaranteed Approval" life insurance plans which means you cannot be turned down for coverage due to any health problems.

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

So, even if you are over 80, have been turned down for life insurance coverage elsewhere, or you have...
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Yes, seniors citizens can get insured for life insurance without having to take a medical exam.

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

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

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

Here's how to get life insuranc...

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Can I buy funeral insurance without taking a medical exam?

Yes, you may be able to purchase no exam funeral insurance coverage.

It depends on your age. There are guaranteed approval funeral insurance plans available for anyone who meets the age requirements of the life insurance company offering coverage.

For example, one highly-rated life insurer offers guaranteed acceptance funeral insurance for people age 45 to 85.

With guaranteed funeral insurance you cannot be denied coverage if you meet the...
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Yes, there are no medical exam life insurance plans available.

In fact, some insurers allow you to apply for coverage online and begin your coverage the same day.

No exam life insurance does require the applicant to be healthy and most simplified issue term life insurance plans require you to be age 60 or below.

However, there are guaranteed issue policies available for people between the ages of 45-85.

When purchasing a no exam plan make sure you consider how long the risk free money back guaran...
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Is it possible to purchase a life insurance policy on another person.

Yes, actually it happens more often than you might expect.

Many adult children buy life insurance on their elderly parents to provide money to pay for their parent's final expenses.

In addition, spouses buy life insurance on each other to replace the other's income for the family.

If you have an insurable interest in someone else, you may be able to purchase life insurance on that person.

To learn more, read this article: Can I ...
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Can I buy life insurance coverage without having to answer any questions about my health?

Yes, in fact, there are life insurance policies available with guaranteed approval which means you won't have to take a physical exam or answer any health questions.

Where you have been turned down, have chronic health problems or just don't want to answer any health questions when applying for life insurance, you can get insured - if you meet the age requirements for approval.

Life insurance carriers with ...
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I need life insurance but I have health issues and I'm finding it difficult to get insured.

Where can I get life insurance without any exams or health questions asked?

There are some life insurance plans available with guaranteed approval for people who meet the age requirements.

These guaranteed life insurance policies have no physical exam required and they do not ask any questions about your health.

Some carriers offer guaranteed approval for people ages 45-75 or people ages 45-85.

However, you...
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Is it possible to purchase life insurance online without taking a medical exam?

Yes, in fact, there's an A++ rated life insurance company that offers up to $1,000,000 of no medical life insurance for qualified applicants.

You can request a free price quote and apply online for a policy in about 15 minutes.

There are some health questions you need to answer when applying for coverage. And, if approved, you may start your affordable life insurance plan today.

Learn how to buy no medical life insur...
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Is there insurance you can buy to pay off your home mortgage loan in case you die?

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

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

Insurance that pays of...
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Yes, a doctor's exam may be required for life insurance.

However, the requirement for an exam depends on the insurer, your age, health and the amount of life insurance you need.

Some insurers do not require you to take an exam if you are buying less than $50,000 of life insurance.

In addition, there are life insurance policies available online with no health exam required.

Also, the exam from an insurer is usually a paramedic exam performed at your home or office which checks your blood pressure,...
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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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Burial insurance policies are built to help those who are seniors or who have health issues get life insurance coverage. 

Because of this, it is much easier to get a burial life insurance policy than it is to get regular life insurance.

Burial insurance is a type of no medical exam life insurance policy which means that there are no invasive health screenings or tests required to purchase your burial policy.

For example, there's no physical exam, no blood te...

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

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

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

Individuals you can take life insurance policies out on include your spouse or domestic partner, your children, your dependents, and your business partner...
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Why do life insurance companies make you go to see a doctor for a checkup?

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

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

However, the exam is usually a paramedical exam performed in your home or office by a paramedical examiner, not a doctor. And, the exa...
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Is there life insurance online you can purchase without any medical check up required?

Yes, there are no medical check life insurance plans available online.

These are called "guaranteed issue" life insurance policies with no health exam required and no health questions asked.

And, you cannot be turned down due to any health problems.

These guaranteed life insurance plans usually age age requirements; such as, coverage is guaranteed for people ages 45 to 85.

Also, guaranteed life insurance may lim...
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Is it possible to buy a life insurance policy without having to answer any questions about my health?

Yes, there are no medical question life insurance plans available.

These plans usually have:

1. Limited death benefits the first two years you are insured.

2. Maximum amount of life insurance available up to $25,000.

3. No health exam required.

4. Guaranteed acceptance for people age 45 to 85.

5. No health questions asked - you cannot be turned down due to your health.

Here's how you can learn more a...
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Is there life insurance that does not require a medical exam?

Yes, there are no medical exam life insurance plans.

Who offers no exam life insurance?

Several highly-rated life insurance carriers offer no exam life insurance including United of Omaha, National Life Group, and Met Life, among others.

How does it work?

There are two basic types of no exam life insurance: Simplified Term Life with No Exam and Guaranteed Issue Life Insurance.

Simplified issue term life offers coverage for a period of 10...
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What is life insurance no medical?

It's life insurance that does not require you to take any medical examination to qualify for the purchase of the life insurance policy.

However, with no medical life insurance there are usually some health questions you need to answer when you apply for your life insurance policy.

And, the amount of life insurance available with no medical exam required may be limited to around $500,000.

However, no medical life insurance is usually much quicker and easier to ge...
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Can I get life insurance for a specific period of time/

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

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

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

Since the term life coverage is temporary, it costs a lot less than permanent life insurance which provides lifetime protec...
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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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Yes, there are life insurance carriers that offer whole life insurance plans without requiring the applicant to take a health exam.

However, the amount of coverage available may be limited based on your age and health.

Some carriers offer single premium whole life insurance with no exam but the minimum premium may be a one-time payment of $10,000.

In addition, there no exam whole life insurance plans with guaranteed acceptance for people age 45 to 85. These plans are often used as a means of pro...
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Is it possible to purchase a mortgage life insurance policy that would pay off my mortgage loan if I die, without me having to take any physical examination to qualify for the coverage?

Yes, there are life insurance plans for a mortgage that offer protection without any health exam required of the applicant or insured person.

For instance, there's one highly-rated life insurance carrier you may have heard of on television that offers up to $500,000 of life insurance with no health exams require...
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Is it possible to buy a life insurance policy without having to answer any medical questions?

Yes, there are life insurance plans that offer coverage without any health questions.

The two basic types of no medical question life insurance plans are Accidental death life insurance and guaranteed issue life insurance with graded death benefits.

Accidental death offers up to $1,000,000 of life insurance with no health exam and no health questions, but a death benefit is only paid ou...
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Is no exam life insurance coverage affordable?

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

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

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

While other insurers may charge rates at least 10% (or mo...
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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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I am a card-holding medical marijuana user living in Colorado. Will a life insurance company decline coverage or raise my rates because of the marijuana usage?

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

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

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Where can I buy a term life insurance policy without any medical exams or medical questions asked?

There are several types of no exam policies available online for you to purchase.

However, when it comes to life insurance with no health questions asked the option safe fewer.

Basically, for no question life insurance there are two plans available:

1. Accidental death life insurance, and

2. Guaranteed issue life insurance.

Accidental death offers up to $1,000,000 of life insurance th...

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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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Yes, you may be able to buy a term life insurance policy on someone else.

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

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

However, in order to buy life i...
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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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Final expense life insurance is a common term that simply refers to a life insurance plan people buy to help pay for their burial and funeral expenses and other expenses related to their passing.

These final expense whole life insurance policies usually provide around $20,000 or less in the policy's face amount of life insurance death benefit coverage.

There are no medical examinations required to qualify for this type of life insurance plan.

However, there may be some healt...

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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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20 year term life insurance means that you have life insurance protection for a period of 20 years, and your rate will remain level for the entire duration of that 20 year term.

Also, the amount of life insurance protection stays the same each year for the 20 year period of time.

However, if you outlive the 20 year term, your life insurance policy expires and no death benefit is paid out on the policy. This is one reason term life insurance costs a lot less than permanent life insurance protect...
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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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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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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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When you take a medical examination for a life insurance policy, you usually have a blood test and urine test in addition to the health questions and vitals check.

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

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

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

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

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

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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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The amount you pay for your term life insurance policy will depend on the insurance carrier, and your own personal risk factors.

Each life insurance company has their own set of pricing guidelines and approach to underwriting risks for life insurance.

In addition, your personal risk factors affect the rate you pay for life insurance.

Risk factors may include your age and health, family health history, your occupation and hobbies, lifestyle, if you smoke or not, your height-to-weight ratio, drivi...
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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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Is there life insurance available for people over age 60 with no health examination required?

Yes, people over 60 may qualify for life insurance without taking a medical exam.

In fact, Globe Life offers up to $30,000 of simplified life insurance without any medical exam. There are a few Yes/No health questions for you to answer.

Globe Life is rated "A+" Superior for financial strength by AM best Company. And, Globe Life provides a 30 day money-back guarantee.

Just $1 starts up to $30,000 of life ...
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Yes, people over age 70 may qualify for life insurance coverage.

It depends on the person's age and health, and the life insurance company's guidelines for approval.

In addition, the type and amount of life insurance the person needs will impact acceptance, and the cost of the life insurance policy.

It would be easier for someone over 70 to qualify for a term life insurance plan providing coverage for 10 years or less, instead of a permanent life insurance policy providing lifetime protection.

In...
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Corporate owned life insurance (COLI) policies have been used for many years, but it's purpose has changed over the years.

It began as a way to provide necessary money to a business when a key employee died. The death benefit allows the employer to recoup some of the loss of earnings incurred when a productive employee dies, and provides money for recruiting and training a replacement.  

For many years, it was a common practice for an employer to take out life insurance on a...

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Yes, you may be able to buy life insurance on another person if you have an insurable interest in that person.

If you rely on someone else for financial support, or you would suffer financially if another person were to die, you may be able to buy life insurance on that person.

However, in order to purchase life insurance on another person you may need that person's permission, and the person may have to sign an application for the life insurance, and answer some health questions.

Usually, insur...
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If your life insurance policy lapses, it means that your life insurance coverage has ended.

In order to reinstate your life insurance policy coverage you will have to prove that your health has not changed, and pay any life insurance premiums due.

If that is not possible, you will have to get a new life insurance policy with life insurance rates which would be based on your current health and age.

Learn more about a lapsed life insurance policy and what that means.

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Yes, you may be able to purchase a life insurance policy on someone else.

The insurance company will require that you have an "Insurable Interest" in the person you want to insure.

This means that you would suffer a financial loss if the person were to die, or that you rely on the person for some form of financial support.

There does exist insurable interest between spouses, siblings, parents and their children, family members, and business partners, among others.

In addition, if you want to insu...
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Guaranteed level term life insurance is life insurance that is guaranteed not to go up in price, or down in death benefit, for the entire term of your life insurance policy.

For example, if you took out a guaranteed level term life insurance policy of $1,000,000 for a 26 year term at a rate of $80 per month at age 26, you would be paying the same premium annually at age 55 as you were at age 26.

If you passed away any time during those 30 years, your beneficiary would receive ...

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There are many things you can do to prepare for your life insurance medical exam.

Make sure you choose a time of day for your exam when you experience the lowest amount of stress.

Also, do not drink any coffee, caffeine, or alcohol the day of the exam.

Don't exercise the day of the exam.

You can choose to have the exam in your home, so if that would be less stressful, choose that option.

Make sure you have all of your medical information, prescriptions, and health records available, as well as, th...
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When you apply for life insurance coverage there are many questions asked about the coverage you need, and your health history. Many of these questions assist the insurance company in determining if they will offer you life insurance, how much they will offer, and what they will charge you for your policy.

For example, the life insurance carrier may ask how much life insurance you need, what type of life insurance, and how you will pay your premiums - monthly, quarterly, or annually.

In additio...
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Life insurance quotes are an estimated cost of your life insurance policy.

You can request life insurance quotes online, or by contacting a local life insurance agent, or calling a life insurance company direct.

In order to get an online life insurance quote you visit a life insurance website, fill out a quote request form, and instantly receive the lowest rates for life insurance from a network of highly-rated life insurance companies.

Life insurance quotes and quick, easy and convenient. You c...
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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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What happens at a life insurance exam depends on your age, the life insurance company, and the amount of life insurance for which you are applying. 

If you are young and applying for a small life insurance policy under $100,000 of coverage, it is possible that all that is needed is answering some medical questions, and maybe giving a sample of urine for testing.

For most people that apply for a medically underwritten life insurance policy over $100,000 of coverage, a blood ...

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To get life insurance on someone else, you can go to any life insurance website or insurance agency that offers life insurance coverage.

If they want to see someone face to face, you should contact a place near the person you want to insure for life insurance.

If the person you want to insure for life insurance will be signing a digital application online, they can do it from across the nation from you and/or your insurance agent.

In order to buy life insurance on another pers...

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Some of the most common reasons why life insurance is denied may include:

1. You applied for a life insurance policy for which you do not qualify due to a medical condition, being overweight or underweight per the policy guidelines, or are out of the age limits of the policy. If you are too old, you may not qualify, or if you are overweight, you may not meet the insurer's underwriting guidelines for acceptance.

2. You are not a US citizen or do not have a green card or work...

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Yes, life insurance companies may see your medical records.

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

In addition, the insurance company may request that you take a physical exam, which the insurance company pays for and they get to see the results. Also, t...
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Yes, you can take out a life insurance policy on someone else if you have insurable interest in that person.

Insurable Interest means that there is a financial tie between you and the person you want to insure for life insurance.

Either you would be hurt financially if the person were to pass away (because they owed you money, because they help support you, etc), or you are helping them financially now and life insurance would pay you back for your financial loss upon the oth...

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If you are considering the purchase of life insurance there's a good chance you need coverage.

There are many reasons people decide to buy a life insurance policy, usually because they have others who ely on them for some form of financial support.

For instance, some of the most common reasons people buy life insurance include the following:

1. Starting a new family.

2. Buying a new home.

3. Getting married.

4. To leave money to a charity.

5. To provide for estate taxes.

6. A new job promotion.

7. To ...
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For someone to take out a life insurance policy on you, they must have an insurable interest in you.

Insurable interest means the other person who wants to insure you for life insurance stands to lose financially if you were to die. The other person relies on you for some means of financial support.

For example, if you passed away, it would cause them financial harm.

Also, you must give the other person them permission to take out the life insurance policy on you by signing the...

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