Is there Life Insurance for People with Medical Conditions?

Can I get life insurance if I have a pre-existing health condition?

Yes, you may be able to qualify for fully underwritten life insurance plans, or you may purchase a guaranteed issue life insurance policy if you meet the age requirements for acceptance.

Some guaranteed plans are available for people ages 45 to 85.

You can contact an independent life insurance broker in your area that has acccess to life insurers that insure high risk people.

You can also find guaranteed issue life insurance plans online and request a free quote for coverage. Keep in mind, if you need more coverage, you may buy life insurance from more than one insurance carrier.

Learn more about getting life insurance for people with medical conditions.

End of Life Insurance

What is an end of life insurance plan?

It's life insurance that provides the funds needed to help pay for your end of life expenses, including the cost of a funeral, burial and other final expenses like medical bills.

End of life life insurance plans are usually guaranteed issue which means you can get insured even if you have pre-existing health conditions.

Usually, guaranteed issue life insurance offers coverage for seniors, with no exams and no health questions asked.

End of life insurance plans can make sure your loved ones are stuck with the financial burden of your final expenses upon your death.

Learn more about how end of life life insurance works.

Buying $50,000 of No Exam Life Insurance

Is it possible to get $50,000 of life insurance without an exam?

Yes, there are insurers offering $50,000 of no exam life insurance. These are usually term life insurance policies.

That means, you may be able to choose coverage for a term (duration) of 10, 15, 20 or 30 years, with no exam required.

Some insurers offering $50,000 of coverage without exams include Haven Life, AAA, ANICO, Globe Life and MetLife, among others.

With this type of policy you may be able to apply for your coverage online and start your life insurance plan the same day, if you qualify based on your answers to the health questions asked.

Learn more about how to buy $50,000 of no exam life insurance online today.

Can I Get Life Insurance without a 2 Year Waiting Period?

Yes, you may be able to purchase a life insurance policy without any waiting period.

What is life insurance without a waiting period?

It means that your full life insurance coverage starts from the first day you are insured by the insurance company.

Most life insurance policy provide you with 100% death benefit coverage from the first day you are insured by your policy.

However, guaranteed issue life insurance plans usually come with a graded death benefit the first 2 or 3 years you are insured. 

That's how they can accept people with a health problem, and guaranteed your approval for coverage if you meet the age requirements for acceptance.

Learn more about life insurance without a 2 year waiting period.

How to Buy Life Insurance Online in the USA?

If you're looking to purchase a life insurance policy online and you live in America, you have several choices available to you.

Some of the leading carriers in the USA now offer life insurance online, including Haven Life, Fidelity Life and United of Omaha, among others.

There are several types of life insurance plans available online, but the policies available to be purchased with instant approval are usually simplified issue term life insurance plans.

The insurer offering the largest amount of life insurance with instant-issue coverage is Haven Life, which is backed by MassMutual, an A++ rated life insurance company.

Haven Life offers up to $1,000,000 (or more) of term life insurance you may purchase online if you are healthy and qualify for coverage.

Here's how to buy a life insurance policy online in the USA.

Life Insurance for a Child?

What are the advantages of having life insurance for your child?

Child life insurance policies provide several benefits, including:

1. Proceeds from the death benefit can be used to pay for final expenses.
2. Build cash value inside the policy over time.
3. Guaranteed lifetime life insurance protection.
4. Option to increase coverage when your child reaches adulthood.
5. A loan may be taken from the cash value in the policy.
6. Level rates guaranteed to remain the same for the life of the policy.

Learn more about buying life insurance for a child.

Where Can I Buy Burial Insurance Coverage?

If you are in need of life insurance to cover your final expenses you may want to find out where you can purchase a burial insurance plan.

Burial life insurance provides funds to help cover the cost of a person's funeral, burial and related final expenses.

There are several insurers that offer burial insurance plans including United of Omaha, Colonial Penn, Gerber, Vantis Life, and MetLife, among others.

You can contact a local life insurance agent or insurance broker, call insurance carriers direct, or call a life insurance company to request more information about how you may purchase coverage.

In addition, there are life insurance carriers that have websites which offer you the option of requesting a burial insurance quote online.

Can I Buy Burial Insurance for My Brother?

Are you wondering if you can by a burial life insurance policy on your brother?

Whether you are the legal guardian for your brother, he owes you money, he has no money saved, or you would end up paying for his final expenses, you may be considering the purchase of a burial insurance policy.

One key issue when buying life insurance on someone else is whether or not you have an insurable interest in the person you want to insure for life insurance?

Usually, siblings may have an insurable interest in each other, since they may end up paying for the other's final expenses, or one sibling may owe the other money, or rely on the other sibling for some means of financial support.

Here's an article that provide more information on this topic: "Can I Buy Burial Insurance on My Brother?"

How to Choose a Term Life Insurance Policy?

What is important when choosing term life insurance?

If you're considering term insurance you'll first want to consider how long you really need your life insurance protection to last?

If you need life insurance for a duration of 30 years or less, then term life is right for you.

Choosing term life will mean you want to consider how much coverage you need, how many years you need life insurance protection, and what you can afford to spend.

With term life you'll have coverage options for a period of 10, 15, 20 or 30 years, usually but it depends on your age and health.

Learn more about choosing a term life insurance policy.

Can I Buy More Than One Term Life Insurance Policy?

Yes, life insurance carriers may allow you to own more than one term life policy.

Over time your need for life insurance may grow, and life insurers understand that one life insurance policy may not provide for all of your financial security needs for your family.

Since term life insurance offers coverage for 10, 15, 20 or 30 years, owning more than one policy can provide you with the protection you need for various lengths of time.

To learn more, here's an article for further review - "Can I Buy More Than One Term Life Insurance Policy?"