Does Life Insurance Test for Marijuana?

When you apply for a life insurance policy you may be required to take a health exam which is paid for by the life insurance company.

The exam may consist of checking your height and weight, your blood pressure, and asking you some health questions. In addition, they may take a blood sample to send to a laboratory for testing.

Testing of your blood may check for any health issues including HIV/AIDs, diabetes, high cholesterol, cancer, high protein levels, STD's, and use of any prescription and/or illegal drugs including marijuana, cocaine and methamphetamine, to name a few.

However, if you have a prescription for your marijuana or live in a state where use of marijuana is legal, there may not be an issue of whether or not you use marijuana.

In addition, there are life insurance companies that offer life insurance without any health exams, blood tests or marijuana testing. Learn more about life insurance drug tests

How Does Term Life Insurance Work If You Don't Die?

Since term life insurance is temporary coverage for the term of your policy, if you outlive the term, your life insurance coverage expires with no payout of any death benefit.

So, if you have a 10 year term life plan, and you are alive when the ten year period ends, there is no more coverage and no payout of a death benefit.

However, if you die during the term of your term life policy, the death benefit is paid out to the person or persons you chose as beneficiary to your life insurance policy.

If your term life insurance ends and you still need life insurance, you may choose to renew your policy for another term usually of 10 years, with an increase in premium.

Learn more about how term life policies work.

What is 25 year Term Life Insurance?

How does a 25 year term life policy work?

It provides you with temporary life insurance protection for a period of 25 years.

With level term coverage you pay the same amount of money each year for your life insurance, for a period of 25 years. The amount of life insurance provided by your policy stays level throughout the entire 25 years.

If you pass away during the 25 year term, your beneficiary receives the death benefit.

If you outlive the 25 years, you may renew your life insurance for another term (usually 10 years), or let the life insurance coverage expire.

Many people choose to purchase a 25 year term life policy to provide affordable protection for debts or financial responsibilities lasting for a period of up to 25 years; such as, a mortgage, or until your children are grown.

Learn more about 25 year term life insurance.

Term Life Insurance at a Low Price?

How can I find a term life insurance policy at a low price?

Well, the price you pay for a term life policy depends on your age and health. So, the younger and healthier you are when you purchase your term life coverage, the lower the price.

Also, the larger the amount of coverage you buy, the higher your price. And, the longer your term, the higher your price.

Term life offers coverage for a duration (term) of 10, 15, 20, 25 or 30 years, usually.

In addition, most life insurance companies offer term life insurance, so by comparing multiple term life rate quotes from the leading insurance companies, you may save quite a bit on your policy, since each insurance carrier has their own pricing and underwriting guidelines for assessing an individual risk for life insurance.

Your personal risk factors also impact your cost of life insurance. These risk factors may include your family health history, your gender, age, health, lifestyle, occupation, hobbies, height-to-weight ratio, tobacco use, driving record, credit history, etc.

The quickest and easiest way to find a good price is to compare term life rates among leading insurers online. That way you get an objective comparison of pricing among insurers without any sales pressure.

Learn more about how to get a low price on term life insurance.

Request a free life insurance quote

Life Insurance for Aging Parents

Do you need life insurance for your aging parents?

Whether or not you've considered it, the cost to pay for a funeral and burial now averages around $7,700.

If you're aging parents do not already have the money saved, you may end up paying for their final expenses, which may include the cost of a casket, burial plot, funeral, memorial service, and headstone, among other things.

If you and your parents have not begun to plan for the future, you may want to consider purchasing a life insurance policy for each of your parents, so that when the time comes there are funds available, and you aren't overwhelmed with financial stress at a time when you will be mourning the loss of your parents.

Adult children can purchase affordable life insurance life insurance plans for their parents. The main requirement to buy life insurance on someone else is that you have an insurable interest in the person. And, adult children do have an insurable interest in their parents.

There are even life insurance plans available for seniors that offer guaranteed acceptance for people age 45 to 85 - with no health exam required and no health questions asked.

Learn more about how to buy life insurance for aging parents.

National Life Group

Who is National Life Group?

It's a life insurance company that offers life insurance coverage without any health exams required.

National Life offers people age 20 to 60 up to $350,000 of no exam life insurance.

Although there's no health exam required, you still have to answer some health questions so they can determine if you qualify for their life insurance plan.

You can request a free quote and apply online for your no exam life insurance policy.

National Life provides same day coverage for people who qualify. Most applicants find out within 15 minutes after applying online if they are approved.

Once approved, you can start your life insurance coverage immediately.

National Life Group offers one of the quickest and easiest ways to get insured for life insurance at an affordable price. And, there's a money-back guarantee.

Here's how to learn more and get your free life insurance quote from National Life Group.

Term Life Insurance Advice

I need advice about term life insurance and how it works.

Term life insurance is short term coverage that lasts up to 30 years.

It's the cheapest type of life insurance because it is temporary and provides pure life insurance protection, there's no investment feature, and it does not build up any cash value inside the policy.

Term life offers coverage for a term of 10, 15, 20, 25 or 30 years. You select the period of time that meets your life insurance needs.

Term life is good for people with temporary life insurance needs; such as, young families who want life insurance until the kids are grown and on their own, or until the home mortgage loan is paid off.

Term life offers the option of renewing coverage for another term, usually 10 years, when your first term life insurance policy expires.

Some term life insurance policies offer you the option of converting your term policy into a permanent life insurance plan if your needs change over time.

Here's some more helpful term life insurance advice to better understand how term life insurance works.

Whole Life Insurance with No Physical?

Can I get a whole life insurance policy without taking a physical exam?

Yes, there are whole life insurance plans available with no health exams required and no health questions asked - these are called guaranteed issue whole life insurance policies.

However, these guaranteed issue plans are available for people age 45 to 85, and you cannot be turned down due to poor health.

Whole life insurance does build up some cash value inside the policy over the years, from which you may be able to take a loan if needed.

Some whole life no exam plans start for as low as $8.80 per month.

You may purchase up to $25,000 of whole life insurance with no physical exam.