Life Insurance FAQ's

Can You Buy Life Insurance with No Medical Questions Asked?

March 22, 2018

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 a pre-existing health problem, you can still get insured.

Here's how to buy life insurance no medical questions asked.

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

How to Buy Life Insurance for a Child?

March 19, 2018

If you are a parent with young children you may have noticed the offerings on tv or through the mail about life insurance for children and wondered what they are about.

Child life insurance offers several benefits for parents.

For instance, did you know that you could start a life insurance policy for your child for about $2 over month?

And, child life insurance plans can guarantee your child has protection as an adult, even if his or her health changes in the future.

In addition, child life poli...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

How to Buy Life Insurance without an Agent?

March 16, 2018

Is it possible for me to buy a life insurance plan if I don't already have an insurance agent?

Yes, in fact, there are life insurance plans that offer direct life insurance coverage which you can apply for online without an agent.

And, if you qualify for a policy, you may start your life insurance protection today.

Some life insurance carriers offer instant issue life insurance for people who do not have a life insurance agent.

Depending on the insurer and the requirements for acceptance, you can...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

How is a Life Insurance Policy Priced?

March 13, 2018

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

Is there Senior Life Insurance without Medical Exam?

March 10, 2018

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...

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

Life Insurance to Cover a Mortgage?

March 7, 2018

What is life insurance for mortgages?

A term life insurance policy provides temporary life insurance protection for a specific duration, usually up to 30 years.

To protect your mortgage, you may want to choose a 15, 20, or 30 year term insurance policy to provide a death benefit to your family members should you pass away before your home mortgage loan is paid off.

The death benefit may be used to pay off the outstanding balance on your mortgage so your family members may remain in the home they...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Can I Buy Final Expense Insurance Coverage?

March 4, 2018

Yes, there are life insurance policies available that offer coverage to pay for your final expenses, including the cost of your your funeral and burial.

There's even guaranteed approval final expense life insurance plans for people ages 45 to 85, which means you cannot be denied coverage due to any health problems.

You may be able to purchase up to $25,000 of final expense insurance with no health exam required and no health questions asked. Here's how to buy final expense insurance online.
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Life Insurance without Waiting

March 1, 2018

Can I buy life insurance without waiting?

Yes, there are instant life insurance plans available offering coverage you may begin the same day you apply for a policy.

These quick issue life insurance plans require no doctor exam and you may apply for a policy online in a matter of minutes.

Usually, the applicant must be healthy and under the age of 6o or 65 to qualify for a policy.

Some life insurance carriers offer up to $500,000 or more of quick issue life insurance coverage to q...

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

What is Term Insurance?

February 26, 2018

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

What are Options When Term Life Insurance Policy Ends?

February 23, 2018

What are my choices when my term life insurance policy expires?

If you own a term life plan you may have a few options available when it expires:

You may let your coverage expire and go without any life insurance.
You may choose to renew your coverage for another term before your original plan ends.
You may choose to buy a new life insurance policy.

Keep in mind, if you need life insurance beyond the original term of your policy, it may be a good idea to renew coverage because if your health has c...
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