Life Insurance for People with Bad Health?

Is there any life insurance available for people with bad health?

Yes, there may be some life insurance offered for people with poor health.

You may have a couple of options available if you have bad health:

1. Contact a high risk life insurance broker who specializes in placing life insurance with high risk insurers.

2. Purchase a guaranteed issue life insurance policy.

High risk life insurance brokers have access to several insurers that provide life insurance for people with poor health.

Guaranteed issue life insurance plans accept everyone who meets the age requirements for acceptance. For example, United of Omaha offers guaranteed acceptance life insurance for people age 45 to 85.

And, you may be able to purchase guaranteed issue life insurance from more than one life insurance company.

Here's how to buy life insurance for people with bad health

Life Insurance for Stay at Home Parents

Does a stay at home parent need life insurance?

Yes, stay at home parents may need life insurance. Why not?

Just consider everything you as a stay at home parent do for your family. You watch the kids, do the grocery shopping, clean the home, wash the clothes, run errands, take the kids to sports and practices, and much much more.

Now, consider how much it would cost for your spouse to pay someone to perform all of the tasks you do on a daily basis. Actually, it may cost up to $50,000 or more, each and every year while the kids are growing up.

So, not only does your family rely on the main bread-winner in the family, they also rely heavily on you.

That's why it's so important for both parents to have life insurance protection, even if one is a stay at home parent. Because we all know being a stay-at-home parent can be more than a full-time job.

Learn more about life insurance for a stay-at-home parent today.

Term Life Insurance

What is a term life insurance policy?

It's a life insurance plan that provides guaranteed life insurance protection for a set number of years, usually lasting for a term of 10, 15, 20 or 30 years.

If you die during the term, your death benefit is paid out to your beneficiary.

If you outlive the term of your term life policy, the coverage ends.

Because term life is temporary life insurance coverage it costs 2 to 3 times less than permanent life insurance which provides lifetime protection.

With level term life insurance you have an amount of life insurance that will stay the same each year for the entire duration of your term life policy, and the amount of premium you pay each year stays level for the term of your policy.

Request your Free 10 Minute Guide to Term Life Insurance to learn more about how term life insurance works and why term life insurance offers you the most life insurance protection at the lowest cost.

Term Life Insurance Tips

What are some tips for finding affordable term life insurance coverage?

If you want to find the right term life policy from a highly-rated company make sure to consider these tips:

1. Compare multiple term life insurance rate quotes from several life insurance companies.

2. Choose the right amount of life insurance coverage that meets your needs, so you aren't paying for life insurance you don't need.

3. Make sure you choose life insurance for the correct length of time you need coverage. Term life offers life insurance protection for a term of 10, 15, 20 or 30 years. The longer your term for coverage the higher your rate.

4. Consider annual premium payments instead of monthly, since most insurers add a fee or additional charge if you make more than one payment per year for your life insurance coverage.

5. If you smoke, quit smoking since smokers pay up to 2 to 3 times more for the same amount of life insurance compared to non-smokers.

Here's how you can compare instant term life insurance rate quotes from 70 of the leading life insurance carriers.

$25,000 Whole Life Insurance Policy

Is there a whole life insurance policy I can buy for $25,000 of coverage and no exams?

Yes, in fact, there are guaranteed issue whole life policies available providing up to $25,000 of life insurance protection.

If you are between the ages of 45 to 85 you can purchase a $25,000 whole life insurance policy online and there's no health exams and no health questions asked.

The best part is you can't be turned down due to any health problems.

The guaranteed issue life insurance plan comes with a 60 day money-back guarantee in case you aren't satisfied with your policy, you can return it and get your money back - so there's no risk.

Here's how to buy a $25,000 whole life insurance policy today.

Can you get life insurance after cancer?

Is it possible to get life insurance after you have been diagnosed with cancer, or survived cancer?

It is possible to get fully underwritten life insurance if you have survived cancer, and it is in remission, but it depends on how long your cancer has been in remission.

And, there are guaranteed acceptance life insurance plans available for people age 45 to 85 with no physical exam required, and no health questions asked. You cannot be turned down due to your health.

However, guaranteed life insurance has graded death benefits the first two years you are insured, so you won;t have "full" coverage right away, but after two years. This may be the only type of life insurance available for someone with a cancer diagnosis.

Final Needs Life Insurance

What is final needs life insurance and where can I get coverage?

Final needs life insurance is a type of life insurance policy that provides the funds needed to help pay for your final expenses, including your funeral, burial, memorial service and related expenses.

A final needs life insurance plan may offer up to $25,000 of life insurance protection.

You are guaranteed acceptance if you meet the age requirements - some plans offer guaranteed acceptance for people age 45 to 85.

In addition, there's no physical examination required and there are no health questions asked.

These plans usually have limited benefits the first two years you are insured.

You can get a free quote and apply online for your final needs life insurance policy today.

Final life insurance for seniors for ages 50-80

Is there final life insurance for people ages 50 to 80?

Yes, there are life insurance plans that provide money to pay for your final expenses and people ages 50 to 80 may qualify.

In fact, there are guaranteed issue permanent life insurance policies available for people between the ages of 45 to 85.

Final life insurance policies provide guaranteed lifetime protection as long as you continue to pay your premiums on time. And, these life insurance policies build up some cash value inside the policy over the years, from which you may be able to take a loan, if you need it.

However, some final life insurance policies may have graded death benefits the first two years you are insured, which means you don't have full coverage right away, but after you are insured for two years you have full protection. That's how the insurers can offer guaranteed acceptance without any health exams or health questions asked.

Some of there leading providers of final expense life insurance policies include United of Omaha, Met Life and Colonial Penn, among others.

Learn more about how to get final life insurance for seniors for ages 50-80

Senior Final Life Insurance Program

Is there a final life insurance program available for seniors to get insured so there's money to pay for their final expenses?

Yes, actually there are several very good plans available from well-known life insurance companies offering final expense insurance coverage for seniors.

Many of these final expense plans are guaranteed issue, which means you cannot be turned down due to health problems.

Basically, if you meet the age requirements you can get final expense life insurance coverage.

Since these life insurance plans are guaranteed approval there's no health exam required and no health questions asked.

Some final life insurance plans offer up to $25,000 of coverage, and you may be able to purchase coverage from two or more carriers. You can own more than one life insurance policy, so it's okay to buy a final expense life insurance plan from two different insurance companies, if you want or need the coverage. Two of the top insurers for final expense insurance are United of Omaha and Met Life, among others.

Here's how to learn more about purchasing a senior final life insurance program

Low cost life insurance for over 55

What is lowest cost life insurance for people over age 55?

There are two basic types of life insurance: Term and Permanent.

Term life insurance is the lowest cost life insurance available for a period of 30 years or less. It is pure life insurance protection and provides temporary coverage for a "term" of 10, 15, 20 or 30 years.

Permanent life insurance costs a lot more than term life because it is guaranteed to last your entire lifetime and it builds up some cash vale inside your policy. You may take a loan from the cash value in your policy.

The lowest priced term life insurance would be a term life policy with the shortest "term" for coverage. So, a 10 year term life policy would cost less than a 15 or 20 year term life insurance plan.

Here's how you can learn more about low cost life insurance for over 55 years of age.

How much does mortgage life insurance cost per month?

Mortgage life insurance is a type of life insurance plan that people purchase to help provide the funds to pay off their outstanding mortgage in case they die.

A mortgage life insurance policy usually lasts for the length of time you have a mortgage. So, if you have a 30 year mortgage loan, you would purchase mortgage life insurance with a term of 30 years of protection.

There are several factors that impact the cost of your mortgage life insurance, including the length of term, and the amount of coverage.

In addition, your own personal risk factors will affect the price you pay for your insurance. These risk factors may include your age, health, lifestyle, tobacco use, driving record, hobbies, occupation, height-to-weight ratio, and family health history, among others.

Keep in mind, it usually costs less if you pay your premiums annually (once per year), instead of choosing monthly premium payments.

Here's how you can learn more about mortgage insurance and compare mortgage life insurance rates online today.

Which life insurance is best term or whole life?

I want to purchase life insurance but I'm not sure what type of life insurance may be best for me.

The best type of life insurance for you may depend on your goals - what do you want your life insurance policy to accomplish for you and your family?

Also, you'll want to consider how much life insurance you need, and what you can afford to pay for your life insurance policy.

The answers to these questions should help you determine how long you need life insurance and what type may be right for you.

Keep in mind, you can own more than one life insurance policy, for instance you could have a term life policy for your short term needs of 30 years or less, and a whole life insurance policy for your lifetime life insurance needs.

Here's how you can learn more about how life insurance works and compare free rate quotes online today.

Best priced life insurance?

What is the best priced life insurance?

The best priced life insurance is the life insurance that offers you the most life insurance protection at the lowest price, and meets your life insurance needs.

There are two basic types of life insurance: Term and Permanent.

Term life is for temporary life insurance needs of 30 years or less. While permanent life insurance is guaranteed to last your entire lifetime.

However, permanent life insurance usually costs 2 to 3 times more than term life insurance.

You could purchase a smaller permanent life insurance plan for your lifetime needs, and a larger term life policy for your shorter term needs.

In order to find the best priced life insurance policies you'll want to compare multiples life insurance rate quotes from several of the most financially secure life insurance carriers. That way, you'll get the best price from the highest rated insurance company.

Why Does Life Insurance Get Denied?

There are many reasons you may get denied for life insurance coverage when you apply for a policy.

For instance, many life insurance companies usually have several types of risk they will not provide life insurance for; such as, people who have high risk jobs or high risk occupations, or people who have cancer or other health problems.

High risk jobs may include people involved in high rise window washing, firemen, blasting contractors, and mountain climbing guides.

High risk hobbies that may be denied life insurance might include sky diving, mountain climbing, bungee jumping, and race car driving, among others.

In addition, certain types of health issues; such as, cancer, emphysema and leukemia may result in being denied life insurance.

But, there are guaranteed acceptance life insurance plans available that accept everyone who meets the age requirements, regardless of your health. Learn more about high risk life insurance

Lowest Cost Life Insurance Policy

What is the lowest cost life insurance policy?

The lowest cost for a life insurance policy will depend on what type of life insurance you need for how long - how many years.

Permanent life insurance provides guaranteed lifetime protection but costs 2 to 3 times more than term life insurance which provides coverage for up to 30 years.

With term life you choose a "term" which is the duration or length of time you have the life insurance protection.

The most common "term" for a term life policy is 10, 15, 20 or 30 years.

If you need life insurance for 30 years or less, then a term life policy will offer the lowest cost over that period of time compared to the premiums you would pay for a permanent life insurance policy.

Here's how you can compare low cost life insurance premiums from top-rated life insurance companies.