Can I Have 2 Life Insurance Policies?

Is it possible to own two life insurance policies at the same time?

Yes, you may have more than one life insurance policy.

Life insurance companies understand that your need for life insurance may change throughout your lifetime.

As you get older you may take on greater financial responsibility by getting married, buying a home and starting a family.

This may increase your need for additional life insurance.

Find out how many life insurance policies you can have.

Term Life Insurance for People over 50

Can people over age 50 get term life insurance coverage?

Yes, actually people ages 75 and under may qualify for a term life insurance policy.

If you're over age 50 you may be able to choose term life coverage for a period of 10, 15, 20 or even 30 years, depending on your age.

Term life costs less than a permanent life insurance plan, because it is temporary coverage, meaning you may outlive the duration of your life insurance policy.

The shorter your term of coverage, the lower your annual cost of life insurance.

Here's how to learn more about term life insurance for people over 50 years of age.

Buy No Medical Life Insurance

Can you buy a life insurance policy online without taking a medical examination?

Yes, there are no medical life insurance plans you may purchase on the internet.

However, your approval for coverage may depend on your answers to the health questions asked when you apply for the policy.

Usually, healthy people age 65 and under may qualify to buy a life insurance plan without any medical exams.

Keep in mind, the rate charged per $1,000 of life insurance without a medical may be higher than you would pay if you purchase a life insurance policy that does require you to take an exam.

However, if you qualify for no medical life insurance you may be able to start your life insurance policy today, instead of waiting weeks for coverage with a plan that does require a medical exam.

Here's how to buy no medical life insurance online.

Does Life Insurance Expire?

That depends on the type of life insurance you have.

A permanent life insurance policy does not expire, it provides lifetime coverage.

However, a term life insurance policy is temporary coverage lasting for a period of up to 30 years, depending on the length of term you purchase.

Some plans offer coverage for a duration of 10, 15, 20 or 30 years.

So, if you are alive when your term ends, your life insurance coverage expires, unless you choose to renew your term life insurance for another term.

Is there Life Insurance with No Check Up?

Yes, there are life insurance plans available with no health check up required.

However, unless it is guaranteed issue life insurance, you may need to answer some questions about your health in order for the insurance company to decide if you are approved for coverage.

Some insurers offer up to $400,000 or more of life insurance without any health exam required.

The no exam life insurance policies are sometimes referred to as simplified issue life insurance.

However, in order to qualify for no check up life insurance you may need to be in good health.

Here's how to get life insurance no check up and start your life insurance today, if you qualify for coverage.

Why Does Life Insurance Take Blood?

If you are interesting in purchasing life insurance you may have heard that insurance companies take a sample of your blood for testing when you take the medical exam to be considered for life insurance.

This is a common practice among life insurers. They have your blood tested to determine f you are healthy, and to help them decide if they will insure you for life insurance.

There are several tests performed on your blood to check your health status. Some testing may check for high cholesterol, high protein levels, diabetes, tobacco use, HIV, STD's and illegal drug use, among other things.

If you do not agree with the test results you may request another blood test.

There are life insurance policies with no blood tests available which offer up to $1,000,000 of affordable life insurance with no health exam and no blood tests, if you qualify.

Life Insurance No Turn Down

Have you been turned down for a life insurance policy?

If so, you may be looking for a plan that offers guaranteed approval - where you cannot de denied coverage due to any health problems.

If so, there are guaranteed approval life insurance policies available for people ages 45 to 85.

These life insurance plans offer up to $25,000 of guaranteed protection with no physical exam required and no health questions asked.

If you're finding it difficult to get insured for life insurance, you may want to consider guaranteed approval life insurance.

Term or Life Insurance?

Which type of life insurance is best - Term Life or Whole Life?

Actually, it depends on your personal situation and needs.

For example, if you need life insurance for a specific period of time to cover your home mortgage or until the kids are out of college, you may need term life insurance for a term of 15, 20 or 30 years.

However, if you need life insurance guaranteed to last your entire lifetime, no matter how long you live, then a whole life insurance policy may be right for you.

Basically, term life provides protection for 30 years or less, while whole life if lifetime protection.

Term life costs a lot less since you may outlive your policy term.

Learn more about term or life insurance and find out which may be right for you.