Life Insurance FAQ's

Burial Insurance Direct

July 24, 2018

Is it possible to purchase a burial life insurance policy direct from the insurance carrier?

Yes in fact, several insurers now offer consumers the option to visit the insurer's website and purchase a policy online.

Many insurers offer burial expense insurance coverage with guaranteed issue policies offering form $3,000 up to $20,000 or more of insurance protection for burial costs.

These plans that offer guaranteed approval mean you won't have to take a medical exam or answer any questions about about your health.

And, if you meet the age requirements (45-85 for one insurer), you are guaranteed to get coverage - you can't be turned down due to health problems.

Learn more about how to get burial insurance direct.

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

Haven Life Insurance?

July 21, 2018

What is Haven Life?

Haven Life is a wholly owned subsidiary of MassMutual that offers Instant term life insurance policies for qualified applicants.

With haven Life you can apply for up to $2,000,000 of term life insurance online in about 15 minutes. Your application may be approved within a matter of minutes. Once approved, you may start your life insurance coverage right away.

Haven Life usually accepts all healthy individuals between the ages of 18 to 60.

Haven Life offers the quickest and eas...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can I Buy a $25,000 Life Insurance Policy?

July 18, 2018

Yes, there are insurers offering $25,000 of life insurance coverage. although most insurers offer a minimum of $50,000 or $100,000 of life insurance.

These smaller life insurance policies are usually available for people over age 40 and may provide guaranteed approval for those meeting the age requirements.

For example, United of Omaha offers up to $25,000 of whole life insurance with no health exams and no health questions asked. People age 45 to 85 are guaranteed approval for a policy.

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

How to Buy a $15,000 Life Insurance Policy?

July 15, 2018

Yes, there are life insurance companies that offer smaller life insurance plans providing $15,000 of coverage.

These policies are usually issued for seniors or high risk people and offer guaranteed approval for people who meet the age requirements for acceptance.

For example, one highly-rated life insurance carrier offers guaranteed life insurance for people ages 45 to 85.

You can choose from $3,000 up to $25,000 of guaranteed issue life insurance.

There's no health exam required and no health q...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

How to Buy $5,000 of Life Insurance?

July 12, 2018

Are you looking to purchase a $5,000 life insurance policy?

If so, there are several insurance carriers that offer smaller life insurance policies from $2,500 and up to $15,000 or more.

These policies are usually issued for seniors or high risk people and offer guaranteed acceptance for people who meet the age requirements.

For example, one highly-rated life insurance company offers guaranteed issue life insurance for people age 45 to 85.

You can choose form $3,000 up to $25,000 of guaranteed is...

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

High Risk Life Insurance for Sick People?

July 9, 2018

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...

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

Final Expense Insurance with No Health Questions?

July 6, 2018

Can I buy a life insurance policy to cover final expenses without answering any questions about my health?

Yes, if you meet the age requirements for guaranteed approval there are guaranteed issue final expense life insurance plans with no health exam required, and no health questions asked.

These plans usually offer up to $20,000 (or more) of life insurance protection.

And, your approval for a policy is guaranteed if you meet the age requirements, which vary by insurer.

For example, one highly-ra...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Funeral Insurance for My Parents

July 3, 2018

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

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

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

Today, the average cost of a funeral, burial and related expen...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can You Buy Burial Insurance on Family Members?

June 30, 2018

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

How to Reduce the Cost of Buying Life Insurance?

June 27, 2018

Are there ways to lower your cost of life insurance coverage?

Yes, in fact, there are several tips you can follow which may help you lower your premiums for life insurance, including:

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