Life Insurance FAQ's

No Physical Whole Life Insurance

November 1, 2015

What is no physical whole life insurance?

It's a lifetime life insurance policy that does not require you to take any health exam to purchase the coverage.

Whole life insurance provides life insurance for your entire lifetime and your premium never increases, so you pay the same price each month or year, for as long as you live. As long as you keep paying your premiums, your whole life insurance remains in force.

No physical whole life means you don't have to take any physical exam or testing to get insured.

In fact, there's no health questions asked, and your approval is guaranteed if you are between the ages of 45 to 85 - you can't be turned down due to poor health.

Here's how to get your whole life insurance with no physical exam required.

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

Whole Life Insurance for Kids?

October 27, 2015

Is there whole life insurance for kids?

Yes, there are life insurance companies including Globe Life and Gerber Life which offer whole life plans for children.

How does kids whole life insurance work?

It's a life insurance policy you buy on the life of your child, who would be the insured. You, the parent, pay the premiums until your child becomes an adult, and you can transfer ownership of the life insurance policy to your child who would then continue to pay the premiums.

How much life insuranc...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Instant Issue Term Insurance?

October 17, 2015

What is instant issue term insurance?

It's temporary life insurance protection that allows you to start your life insurance coverage immediately.

Term insurance offers you low cost life insurance for a term of 10, 15, 20 or 30 years with level premiums each year for the life of your term life insurance policy.

Instant issue term life allows you to get a free quote, apply online and start your term life policy the same day, if you qualify for coverage.

Is there any health exam required?

No, there's...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Comparing Senior Life Insurance Price Quotes

October 13, 2015

How to compare life insurance prices for seniors?

When it comes to shopping for a senior life insurance policy to find affordable coverage, you'll want to compare pricing among several of the best senior life insurance carriers.

Now, there's actually hundreds of life insurance companies in America, but the best insurers for seniors are those with the highest AM Best financial strength rating, which offer the most competitive prices for people age 55 and over.

How can you find these insurers and ...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

How to Get a Low Price on Term Life Insurance?

October 10, 2015

How can I get a low price on my term life insurance policy?

When it comes to shopping for term life at a low price, there are several tips that may help you to save some money on your coverage.

Some price saving tips include:

1. Compare term life insurance rates from multiple life insurance carriers.

2. Choose the length of "term" that meets your needs from 10 to 30 years.

3. Don't buy more life insurance than you really need.

4. Buy your life insurance policy at least 6 months before your next bir...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Life Insurance without Medical Exams?

October 6, 2015

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

Life Insurance on Grandparent?

September 29, 2015

Can I get life insurance eon my grandma?

If you are an adult, you may be able to purchase life insurance eon your grandparent.

Usually, a life insurance company requires a person to have an insurable interest in the other person they would like to insure for life insurance.

Insurable interest means you rely on that person for some sort of financial assistance, or that you would suffer a financial loss if the person were to die.

So, if you have a grandparent that helps you out financially, or that...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

How to Comparison Shop for Term Life Insurance

September 22, 2015

How can I shop and compare term life insurance rates and plans?

The quickest and easiest way to compare plans and pricing for term life insurance is to request free quotes online from a life insurance quote provider.

Some of the most highly-respected life insurance quote providers online include Efinancial, Accuquote, and 1ClickCoverage.

By visiting a quote provider you just fill out one quote request form and instantly receive the best prices on term life insurance from a large network of the l...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Burial Insurance for Seniors over 70

September 18, 2015

Is there burial insurance available for people over age 70?

Yes, burial insurance plans are available for people age 85 and under.

Burial insurance offers a limited amount of life insurance coverage, usually up to $20,000 or $25,000.

You can choose the amount of burial life insurance you need to meet your needs, so there's money available to pay for your burial and funeral costs.

Some burial plans offer guaranteed acceptance for people age 45 to 85.

Usually, there's no health examination required...
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Posted by hadley hadley. Posted In : Life Insurance FAQ's

Cancer Life Insurance Policies?

September 11, 2015

Is there life insurance available for someone with cancer?

If you have cancer an need life insurance you may be finding it difficult to get insured.

Most life insurance carriers will not offer fully underwritten life insurance to someone with cancer, due to the shortened life expectancy, depending on your type of cancer, treatment, age and health, among other factors.

However, there are guaranteed issue life insurance policies for people with health problems, including cancer.

Guaranteed issue li...
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