Life Insurance for Seniors with Health Issues

Can a senior citizen with health problems get life insurance?

It depends on your health issues, your age, and the insurance company you apply to for life insurance coverage.

There are life insurance companies offering fully underwritten life insurance plans requiring a medical exam for people who are seniors with health issues.

In addition, there are guaranteed issue life insurance policies available for seniors. These plans do not require any health exams or health questions. And, you cannot be turned down because of your health.

The one catch with guaranteed approval plans is that they have graded benefits the first two years you are insured. That means, you won't have full coverage until after being insured for two years. That's how they can accept everyone who applies.

Some of the leading providers of guaranteed issue no exam life insurance policies for seniors include United of Omaha, MetLife and Colonial Penn, among others.

Here's how you can buy life insurance for seniors with health problems

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

Life Insurance for Ill People?

Is it possible to buy life insurance for someone who is sick, has a disease or is suffering from a medical condition or illness?

Yes, there are life insurance plans available for people with an illness.

Guaranteed issue life insurance policies offer up to $25,0000 of guaranteed approval life insurance for people age 45 to 85.

However, these plans have limited benefits the first two years you are insured. And, the premiums may be higher than you would like, but if you have no other options this is a plan that may help you.

There is no physical examination required, and there are no health questions asked. If you meet the age requirements of 45 to 85, you cannot be turned down due to your health.

Learn more about how to get life insurance for ill people and request a free quote today.

How to Get Life Insurance with Health Problems

Can I buy a life insurance policy if I have a health problem?

Yes, even if you have been declined or have pre existing health problems, you may be able to purchase life insurance coverage.

You have the option of comparing life insurance rates online from quote providers, contacting a licensed local life insurance agent that specializes in high risk life insurance, or applying for a guarantee issue life insurance policy.

Guaranteed issue life insurance offers life insurance for anyone who meets the age requirements and can pay the premium. Most guaranteed issue life insurance plans offer guaranteed coverage for people age 45 to 75.

And, with guaranteed life insurance there are no exams and no health questions for you to answer. However, the amount of life insurance available may be limited to $20,000 or less, and the premium is higher than other plasm because they accept everyone. Here's how you can learn more about guaranteed issue life insurance for people with health problems.