Life Insurance FAQ's

Where Can I Buy $50,000 of Life Insurance with No Exam?

October 22, 2018

You may be able to purchase $50,000 of no exam life insurance online through a life insurance carrier.

If you are healthy and meet the age requirements for approval, you may be able to start from $50,000 up to $500,000 or more of instant life insurance coverage today.

There are several insurers now offering $50,000 of life insurance without exams, including Haven Life, Globe Life, AAA, ANICO, Gerber, MetLife and Fidelity Life, among others.

These carriers may allow you to apply online for a life insurance policy without any exams, just some health questions asked.

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Life Insurance without a 2 Year Waiting Period?

October 19, 2018

Can I buy life insurance coverage without a waiting period?

Yes, in fact, most life insurance plans have no waiting period before you have full coverage.

For instance, term life insurance and whole life insurance policies come with full coverage form the start of your policy.

However, guaranteed issue life insurance usually has graded death benefits, which means you will not have 100% (full) coverage until after you have been insured for 2 (or 3) years.

Guaranteed life insurance is the type that ...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can I Buy Life Insurance Online in the USA?

October 16, 2018

If you're looking to get life insurance over the internet and you live in America, you have several choices available.

Some of the leading life insurance carriers in the USA now offer life insurance online include Haven Life, AAA, ANICO, Prudential, MetLife and United of Omaha, among others.

There are several types of life insurance plans available online, but the policies available to be purchased with quick approval are usually Simplified-Issue, no exam term life insurance plans.

The life insu...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Life Insurance for My Child

October 13, 2018

What are the advantages of having a life insurance plan on my child?

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

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

Here's how y...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Where Can You Buy Burial Insurance?

October 10, 2018

If you are in need of life insurance to cover burial costs and other final expenses you may want to find out where you can purchase a burial life insurance policy.

Burial expenses insurance provides funds needed to help cover the cost of a person's funeral, burial and other related final expenses.

There are several life insurers that offer burial plans including United of Omaha, Gerber, and MetLife, among others.

You can contact a local life insurance agent or insurance broker, call insurance ca...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can I Buy Burial Insurance for My Brother?

October 7, 2018

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

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

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

The fact is, yo...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

How to Choose Term Life Insurance?

October 4, 2018

What's important to consider when choosing a term life insurance plan?

If you're considering term life insurance you'll first want to consider how long you really need your life insurance protection to last.

If you need life insurance for a duration of 30 years or less, then term life is right for you.

Choosing term life will mean you want to consider how much coverage you need, how many years you need life insurance protection, and what you can afford to spend.

With term life you'll have coverag...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can I Buy More Than One Term Life Insurance Policy?

October 1, 2018

Do insurers limit the number of term life policies you can buy, or is it possible to get more than one policy?

Yes, you may be able to purchase more than one term life policy.

Insurers understand that your needs for life insurance may change (grow) over time as you take on more financial responsibilities; such as, getting married, buying a home, starting a business and having children.

As your need for protection grows you may find you want to increase your amount of life insurance protection by...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

No Health Question Life Insurance?

September 28, 2018

What is no health question life insurance?

It's a type of permanent life insurance plan that does not require you to take a medical exam, and there are no questions asked about your health.

These plans are guaranteed issue, which means you cannot be turned down due to any pre-existing health conditions, as long as you meet the age requirements for approval.

Ages for guaranteed approval may vary by insurer, for example, some insurers offer guaranteed coverage for people ages 45-75, or 40-80, or 4...
Continue reading...

Posted by hadley hadley. Posted In : Life Insurance FAQ's

What is Easy Issue Whole Life Insurance?

September 25, 2018

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...
Continue reading...

Tags

Categories

Recent Posts

Blog Archive