Thursday, December 1, 2016

No Physical Exam Life Insurance

How much life insurance can you purchase without taking a physical?

Well, you could buy more than one policy form different carriers, but the largest amount of no exam life insurance I have seen online is $1,000,000 without an exam, if you qualify based on the health questions asked on the application for coverage.

One carrier rated "A++" Superior by AM best offers form $50,000 up to $1,000,000 of no exam life insurance.

You can get an instant price quote, apply online in about 20 minutes, and instantly find out if you qualify for coverage. If approved, you can begin your life insurance policy right away.

Learn more about buying no physical exam life insurance and starting your policy today.

Monday, November 28, 2016

Can I Buy Life Insurance If I Have An Illness?

It can be tricky to find affordable life insurance if you have a pre-existing health condition, especially if it’s serious.

Some life insurance carriers will turn you down flat, while other insurers may exclude the condition.

For example, if you have diabetes, and diabetes is excluded form coverage, the life insurance policy would not pay out if you were to die from the disease. You would, however, be covered if your death was not related to your condition.

There are a number of high risk life insurance carriers that offer life cover to people with pre-existing conditions, but you should be prepared to pay a higher price because of the higher risk of a death claim.

There are also guaranteed approval life insurance plans available for people ages 45 to 85 with no health exam required, no health questions asked, and you cannot be turned down due to any health problems.

Saturday, November 26, 2016

Haven Life Insurance

What is Haven Life Insurance an how does it work?

Haven Life is a way for consumers to purchase affordable life insurance online and start their coverage today.

Haven Life offers the quickest and easiest way for your to get affordable protection for your family.

Haven Life is fully backed by MassMutual which is rated A++ Superior for financial strength by AM Best.

With Haven Life you just request a free quote, apply online in about 20 minutes, and you get approved in as little as 8 seconds. If you qualify for coverage you can start your life insurance today.

Here is a complete review of Haven Life Insurance.

Sunday, November 20, 2016

What is a Group Life Insurance Plan?

Group life insurance is life Insurance coverage provided for members of a group.

It is most often issued to a group of employees but may be issued to any group provided it is not formed for the purpose of buying life insurance.

The cost of group coverage per member is lower than for individual life insurance policies because administrative expenses per life are decreased, there are certain tax advantages, and measures taken against adverse selection are effective.

Learn more about group life insurance.

Thursday, November 17, 2016

Life Insurance - Is There Money Back if You Don't Die?

Well, it depends on the type of life insurance you own.

Permanent life insurance lasts your entire lifetime so you have it until you die, which means you'll get nothing back because you will be dead.

However, term insurance is temporary for a specific number of years and you may outlive the duration of your term life insurance policy.

But, regular term life insurance does not return to you any premiums if you outlive the term of your policy.

There is return of premium term life insurance which does return almost all of your paid premiums if you are alive when your term policy expires.

Tuesday, November 15, 2016

What if my health fails after I get a life insurance policy, will it be cancelled?

No, your life insurance will not be cancelled after being issued a policy and then developing a health issue.

After your life insurance policy is issued your policy cannot be cancelled by the insurance company if your health deteriorates.

Keep in mind that non-payment of your premiums for life insurance coverage can result in a cancelled policy.

So, make sure to pay your premiums on time. One way to do this is to set up an automatic withdrawal from your checking or savings account to send payment to your insurer when payments are due.

Friday, November 11, 2016

How to get $5,000 of Life Insurance

Is it possible to purchase a $5,000 life insurance policy or is there some minimum amount of coverage?

It depends on the type of life insurance - some term life insurance policies offer a minimum of $50,000, while permanent life insurance may offer as little as $2,000 of life insurance coverage.

For example, if you need a small amount of life insurance to leave to your family to pay for your final expenses you may want around $5,000 to $7,500 or more of coverage.

There are permanent life insurance plans that do offer $5,000 of protection and there's no exam or health questions asked.

In fact, you cannot be turned down for coverage if you meet the age requirements for guaranteed issue life insurance protection.

These plans guarantee your ability to purchase the $5,000 life insurance policy you need.