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