What Does Guaranteed Acceptance Mean?

Guaranteed acceptance is a phrase used in life insurance which refers to a type of life insurance policy that offers guaranteed approval.

Also known as guaranteed issue life insurance, guaranteed acceptance policies are offered as an option for people who are older or having difficulty getting insured for life insurance.

With guaranteed approval plans you cannot be turned down for coverage due to any health issues.

As long as you meet the age requirements and can pay the premiums, you can get insured for life insurance. Request a free quote.

However, these plans offer a limited amount of life insurance and the rate charged for coverage is higher than for standard life insurance policies.

Learn more about what guaranteed acceptance means for life insurance.

How Life Insurance Works After Death

How does life insurance coverage work after you die?

Once you have passed away, your beneficiary would need to contact your life insurance company and make a claim on your policy in order to receive the death benefits from your insurance.

That's why it is so important to make sure you let your beneficiary know that you have life insurance, where the policy is located, and what to do once you've died, so they can get the proceeds from your life insurance.

Learn more about how life insurance work after you die.

Life Insurance for Income Protection

Is there life insurance I can get to protect my income for my family if I die?

Yes, there are life insurance plans available to help protect (replace) your income for your family should you die.

Term life is the most affordable option, offering coverage for a period of up to 30 years.

The proceeds from the life insurance policy go to your beneficiaries and can be used for any purpose; such as, to pay for living expenses, pay off debt, and maintain your family's lifestyle.

Here's how to get life insurance for income protection.

Shopping for Multiple Life Insurance Quotes

How can I get multiple quotes for life insurance?

It's simple. To compare multiple quotes for life insurance you just visit a life insurance website online and fill out a short Quote Request form.

It only takes a minute, and then you instantly see the lowest prices from the insurers offered.

Make sure you answer all questions truthfully when requesting a free quote, especially if you smoke or not.

By comparing multiple life insurance quotes you may save quite a bit of money on your policy.

Here's how to compare multiple life insurance quotes online.

Can You Be Denied Life Insurance?

Yes, you can be turned down for life insurance coverage.

There are many reasons why someone may be turned down for life insurance.

Some of the most common reasons for being declined for life insurance include old age, poor health, history of cancer, drug and/or alcohol abuse, DUI's, high risk occupation or high risk hobbies, among other things.

However, you may still have other options available for life insurance, including contacting high risk life insurance carriers and brokers who specialize in placing life insurance for high risk people - or buying guaranteed issue life insurance.

Learn more about whether you can be denied life insurance and what to do.

Life Insurance to Pay off Debt?

Can I buy life insurance coverage to pay off my debt?

Yes, you may purchase term life or permanent life insurance, and the proceeds may be used by your beneficiary to pay off any debt you leave behind upon your death.

Many people use life insurance to provide their loved ones with the funds needed to pay off their remaining debt.

For example, 20 or 30-year term life insurance is often used to provide mortgage protection, so your family has the money needed to pay off the mortgage loan should you die before it is fully repaid.

Some common debts people use life insurance to pay off include home mortgage, auto mortgage, personal loans, college loans, taxes owed the IRS, and hospital and healthcare bills, among other things.

Here's how to get affordable life insurance to pay off debt.

The Easiest Life Insurance to Get

What is the easiest life insurance plan to buy?

The quickest and easiest way to get life insurance is to purchase a quick-issue, simplified term life insurance policy over the internet.

Today there are several life insurers that offer same-day coverage to qualified applicants who are healthy and between the age of 18 to 60.

You can apply online and qualify to purchase coverage in as little as 15 minutes.

Although there are no exams needed, you will be required to answer some questions about your health.

Here's how to get the easiest life insurance coverage.

Is There A Life Insurance Policy Where You Get Money Back?

Is there any life insurance where you can get money back on your policy?

Yes. It's called "Return of Premium" term life insurance and it returns almost all of the premiums you paid throughout the life of your policy, if you outlive the policy term.

However, the premiums you pay for this type of policy are higher than for regular term life that does not return your premiums.

Learn more about how to buy a life insurance policy where you get money back.

Can I Buy Funeral Insurance for My Parents?

Yes, adult children may purchase funeral insurance for their parents.

However, an insurable interest is required in someone you wish to insure for life insurance.

Insurable interest does exist between parents and their adult children.

And, there are even guaranteed issue funeral life insurance plans available for your parents if they are between the ages of 45 to 85.

That means there is no exam needed and you won’t have to answer any questions about the health of your parents.

Learn more about how to buy funeral insurance for your parents.

Direct Purchase of Life Insurance without an Agent

Can I buy life insurance direct online if I don't have an agent?

Yes, in. fact, if you qualify for coverage, you may purchase and begin your life insurance policy today.

Several highly-rated insurance companies now offer instant issue life insurance policies you may purchase online without an agent.

One highly-rated insurer even offers up to $2,000,000 of coverage for qualified applicants.

Usually, you need to be healthy and between the ages of 20 to 60 to qualify for online instant issue life insurance plans.

Here's how to purchase direct life insurance without an agent over the internet today.

Which is the Cheapest Life Insurance: Term Life or Whole Life?

If you're looking for the cheapest life insurance, you'll want to check out the pricing offered on term life insurance policies.

In fact, whole life insurance can cost up to 10 times more than term coverage for the dame amount of life insurance protection.

Term life is much cheaper than whole life because term life is temporary coverage lasting for up to 30 years, while whole life insurance provides lifetime protection.

In addition, term life is "Pure Protection", meaning you receive life insurance, not any investment.

And, you may outlive the duration of a term life policy.

Learn more about term life versus whole life insurance coverage.