Can I Get Life Insurance If I Have Bad Health?

Yes. You will pay a somewhat higher premium for your life insurance, but you can get life insurance even if you have poor health.

Because of the current competiveness in the life insurance industry, besides being cheaper, insurance companies are competing to offer affordable life insurance products for people with specific health risks - such as offering reasonable rates to people who smoke or require medications to control cholesterol, blood pressure or other health problems.

And, there are guaranteed approval life insurance plans for people who have been turned down for coverage or find it difficult to get insured.

Here's how to get a free life insurance quote for people with bad health.

Life Insurance for People with Bad Health?

Is there any life insurance available for people with bad health?

Yes, there may be some life insurance offered for people with poor health.

You may have a couple of options available if you have bad health:

1. Contact a high risk life insurance broker who specializes in placing life insurance with high risk insurers.

2. Purchase a guaranteed issue life insurance policy.

High risk life insurance brokers have access to several insurers that provide life insurance for people with poor health.

Guaranteed issue life insurance plans accept everyone who meets the age requirements for acceptance. For example, United of Omaha offers guaranteed acceptance life insurance for people age 45 to 85.

And, you may be able to purchase guaranteed issue life insurance from more than one life insurance company.

Here's how to buy life insurance for people with bad health