Life Insurance FAQ's

Affordable Life Insurance for Age 50 and Over

September 3, 2015
What is the most affordable life insurance for people age 50 and over?

The most affordable life insurance for people ages 50 and over will depend on the type of life insurance you need - and what your goal is for your life insurance plan.

If you need short term life insurance for a period of 30 years or less, then a term life insurance policy may offer the most affordable prices.

If you need lifetime life insurance protection, then a whole life insurance policy (which costs more) will be the type of plan to meet your goals.

If you have health problems, you may only be able to qualify for a guaranteed issue life insurance policy, which costs a lot more than term life, but guarantees your acceptance for life insurance if you meet the age requirements (45 to 85).

Here's how to compare life insurance quotes for people over 50 to help you find affordable life insurance coverage.

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

 

What is the Best Term Insurance?

August 30, 2015
Which term life insurance is best and what company offers the best rates?

Term insurance is short term life insurance for a period of 30 years or less.

You want to decide how long you need life insurance protection, and then choose the right term that m,sets your needs.

For instance, if you want life insurance protection for your family until the kids are grown and on their own, you may want a term of 15 or 20 years depending on the ages of your children.

Or, if you want life insurance to pay off...
Continue reading...

Posted by hadley hadley.

 

Life Insurance with DUI?

August 28, 2015
Can someone who has a DUI get life insurance?

Actually, it depends on the insurance company guidelines for approval regarding high risk drivers.

Some life insurance companies do offer life insurance for people who have had 1 DUI in the past 5 years, but they will take into consideration your entire driving record, any history of alcohol abuse, and other risk factors.

There is even one highly-rated life insurance company that may insure someone with two DUI's if only one has occurred in the past ...
Continue reading...

Posted by hadley hadley.

 

Term Life Insurance for People with HIV?

August 20, 2015
Is there term life insurance for people living with HIV?

Yes, people with HIV may be able to qualify for life insurance coverage.

New York Life, Mutual of Omaha, and Physician's Life may offer life insurance coverage for people who are HIV positive.

The requirements for approval and the amount of life insurance available will vary by insurance company, as each has their own set of guidelines for approval.

There are also Employer provided group life insurance plans that offer coverage to employee...
Continue reading...

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

 

Does Life Insurance Test for Cancer?

August 16, 2015
The insurance company may or may not check specifically for cancer; however, the application for life insurance coverage does have a question that asks about any cancer you have or have been diagnosed with in the past. The application and interview process will ask about cancer.

The life insurance company will also check with the MIB (Medical Information Bureau) and your doctors to find out if you have a history of cancer.

Do not lie on your life insurance application as your coverage may be de...
Continue reading...

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

 

No Exam Life Insurance?

August 5, 2015
What is no exam life insurance?

It's life insurance you can buy without taking any health examination.

How does it work?

You can request a free quote and apply for your life insurance policy online. If approved (usually within 15 minutes), you can start your life insurance the same day.

How much life insurance can I buy without a medical exam?

Some insurers offer up to $350,000 of no exam life insurance.

Is there a money-back guarantee?

Yes, each state has their own money-back guarantee requirement,...
Continue reading...

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

 

What is the Cheapest Life Insurance Coverage?

August 2, 2015
The lowest priced life insurance available for you will depend on the type of life insurance and which insurance carriers you use to compare life insurance rates.

One way to find the cheapest coverage is to consider term life insurance which is temporary life insurance for a period of up to 30 years. Most plans offer coverage for 10, 15, 20 or 30 years. The shorter the duration of your term life coverage, the cheaper your life insurance.

In addition, by comparing multiple term life insurance qu...
Continue reading...

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

 

How Do Life Insurance Policies Work?

July 27, 2015
What is a life insurance policy?

It's a contract between the insurance carrier and the owner of the life insurance policy.

How does a life insurance policy work?

The owner of the life insurance policy agrees to pay the insurer a premium each year for the insurance coverage. In return, the insurer agrees to pay a death benefit to the person chosen as beneficiary of the policy, upon the death of the person who is insured by the life insurance policy.

Learn more about how life insurance policies work
Continue reading...

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

 

Should you purchase term life insurance in addition to life insurance offered by your employer?

July 22, 2015

Keep in mind that usually life insurance through your employer does not leave with you when you leave work. If you get a new job, get fired, your company goes out of business, or you no longer work for the company, you may end up with no life insurance.

So, of instance, if it is 5 or 10 years from now and you decide to leave your job, you will at that time have to get your own individual life insurance if you have a need for life insurance. Now you are 5 or 10 years older and ...


Continue reading...

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

 

The Quickest and Easiest Life Insurance?

July 19, 2015
What is the quickest and easiest life insurance coverage available?

There is one life insurance company that offers you the ability to get a quote, apply online, ands find out usually within 15 minutes if you qualify for coverage.

Once you are approved, you can choose a payment method and start your life insurance coverage right away.

And, there's no physical examination required, just some health questions for you to answer.

You can purchase form $25,000 up to $350,000 of instant issue life insu...
Continue reading...

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

 
« Newer posts
Older posts »
 

Tags

Blog Archive

Make a free website with Yola