Is there life insurance for people with bad health?
Yes. In fact, there are life insurance policies available that guarantee your approval for coverage.
These plans are called "Guaranteed Issue", and they guarantee you may purchase up to $25,000 of life insurance protection. Get a free quote.
What's the catch?
You need to be between 45 to 85 years of age to qualify for coverage.
And, your death benefits are usually limited the first two years you are insured. This is called "Graded Benefits".
That's how the insurance companies can offer these policies to people in bad health.
Guaranteed issue policies mean there are no physical exams required, no health questions asked, and you are guaranteed approval if you meet the age requirement.
Learn more about buying life insurance for people with bad health.
No comments:
Post a Comment