Life Insurance FAQ's

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.

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The lowest priced no exam life insurance plan is term life insurance.

Term life is temporary life insurance protection lasting for a period of 30 years, or less.

Term insurance costs a lot less than permanent life insurance, which provides guaranteed lifetime life insurance protection.

With term life, the shorter your term (duration) for coverage, the lower your annual cost of insurance.

You may be able to choose a term of coverage lasting for a period of 10, 15, 20, 25 or 30 years, with no exam ...

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

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

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

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

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

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

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

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It really depends on you - your age, health, and if you qualify for coverage. And, it depends on the insurance company you apply to for life insurance.

Some insurers offer the option to apply online and get approval right away for life insurance, and others don't.

There are life insurance companies that allow you to apply online and find out within minutes of you qualify to purchase a life insurance policy.

For example, Haven Life offers an application process for life insurance that is complete...

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

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

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

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

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

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

Learn about end of life insurance plans and how to get insured even if you have healt...
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Do you need $100,000 of life insurance but don't want to take any medical exam?

If so, there are several life insurance companies that offer up to $100,000 of coverage (or more) without any health examination needed.

If you meet the age requirements for approval, and you are healthy, you may qualify for coverage.

Some of the leading life insurance providers of no exam policies include AAA, Haven Life, MetLife, Prudential, and Fidelity, among others. 

Some life insurance carriers allow you to appl...

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