what’s term life insurance/is there any that covers you no matter how old you are or must you die by a certain
December 11, 2009 by
Filed under term life insurance no exam
age.
If I am not allowed to have whole life insurance due to being on medicaid, can my son purchase a policy on me..are there any he could purchase without me having an exam and a lot of health questions?
can someone make payments to a funeral home so there is something at least before you die to help assist my kids by paying at least a little (I am poor)
First, term life insurance provides coverage for a specific number of years, it does not last forever.
If you are unable to get whole life insurance, it seems term life insurance may be the only option for you.
Yes, your son can buy the policy for you and even pay the premiums. They will probably need your signature to take out the policy.
Yes, there are no medical exam life insurance policies. There is globe life, stonebridge life and term life with no exam coverage that offers up to $250,000 of protection, depending on your age.
If you only need $30,000 or less of coverage to provide for your funeral expenses you may want to consider Globe Life. They offer up to $30,000 of simplified life insurance to people age 78 and under. You can apply online in minutes and get approved for your policy today. There’s no medical exam and Globe Life has more than 2.5 million policyholders.
You can learn more about Globe Life at http://www.term-life-online.com/globe-life-insurance.html
I hope that helps! Best of luck to you.
Term vs Whole Life Insurance?
December 6, 2009 by
Filed under term life insurance no exam
So for all of you Insurance experts- I have some questions for you!
I understand more about term insurance than I do about whole life. I understand that if I qualify that I can get a Term life insurance policy for a certain amount – for a certain number of years.
BUT with Whole life do you pick your policy amount – say a million or 200,000? I’ve read it is like a bank account. But I don’t understand it!
With term insurance you must qualify by doing their health exam every term and answer their questions every year right?!
But is it true that with whole life once you take the initial health exam then what? As long as you pay the premiums every month you are all good?
What worries me with the term life insurance is say I have a 20 year policy, but I find out that I have cancer during the 19th year they will not renew my policy right? But if I do have whole life then it does not matter because I am locked in as long as I pay my premiums, even though it’s more expensive.
Whole life is like a bank account, where the bank takes 75% of what you put in. NOT a good savings/investment vehicle.
Yes, you pick your policy amount for both term and whole life. Yes, you have an exam at first, and no, you don’t need an exam when your term is up, unless you want to try to get a lower rate. You can buy a term policy for up to 30 years a term. You can buy a "guaranteed renewable and convertable" endorsement on your term policy, which means you’ll be able to renew when that term is up (usually 20 to 30 years) WITHOUT an exam. Or, you could convert it to whole life, WITHOUT an exam.
Term is cheaper. Don’t be sold on gimicky savings/investments. Decide exactly what you want the policy to DO for you, and buy the product that DOES it.
Whole life, variable life, universal life, they make a LOT more commission for the agent, than term life. That’s why so many agents like selling them.
Is a physical or any type of exam required when you purchase term life insurance?
December 6, 2009 by
Filed under term life insurance no exam
A physical or medical exam may be required when you purchase life insurance depending on the amount of coverage, your health, and the insurance company’s underwriting guidelines.
However, there is a company that offers term life insurance with no physical exam required.
Actually, they offer from $25,000 to $250,000 of term life insurance no exam required. You can apply online and get approved within minutes, if qualified.
You just answer a few health questions and they give you an instant quote. If you like your quote you can apply online and start your coverage today if you qualify.
And, there’s a 30 day free look period, so if you aren’t satisfied with your policy, you have 30 days from the date you receive it to return it to the insurance company for a refund.
You can learn more about term life insurance no exam required and request your free quote at http://www.term-life-online.com/term-life-insurance-no-exam.html
I hope that helps! Best of luck to you.
Will I get caught not disclosing high blood pressure during a life insurance medical exam?
December 4, 2009 by
Filed under term life insurance no exam
I am 35 and getting 1M in term insurance. I am in good shape but take high blood pressure medication
1M in term insurance will require a full physical exam including blood and urine tests. The medication will show up. Also, more than likely they’ll order doctor records from the past 5 to 10 years and will find it there.
If the company is inept and they don’t find it, if you die they can claim fraud and not payout anything.
It’s not worth it to "forget" to mention the medication.
I need term life insurance without medical exam for 30 yrs. and $250.000?
December 4, 2009 by
Filed under term life insurance no exam
just fill in a free form and get a quote from these people here http://gsx1.com/InsuranceComparison.html they’ll provide results from a number of different USA insurers
hope it helps
How Term Life Insurance No Exam Saves Time
November 9, 2009 by
Filed under term life insurance no exam
Before learning more about term life insurance no exam, let’s first see why term life insurance is our best choice. Term life insurance is ideally bought for the intention of paying off debts, business insurance, or check replacements to assure that the beneficiaries of the insured will still be guaranteed with financial resources upon the deceasing of the insured individual. This is also purchased to secure the needs that will be lost even before the insured’s death. Term life insurance commonly has only one-year-term coverage. People, however, are not very much inclined to buy insurance policies that increase prices rapidly. To address this, life insurance companies have created policies that cover longer terms, say 10 or 20 years. 10-year or 20-year term life insurance has initial rates that are stable in the mentioned period.
Term life insurance no exam isn’t exactly new, but it is rapidly becoming a very popular form of term life insurance. Term life insurance no exam can normally be purchased online by filling out a simple application. Applicants must provide the insurance company with a host of answers that are then applied to assist calculate the price of the policy. You normally always have to give your height, weight, are you a smoker etc. Life insurance is something that almost all people know they really should have—but don’t. Simply stated—people never like thinking about the possibility of their own death. However, many people can bypass this unwanted thought because of their love for their family and the desire to make sure they are financially secure in the event of some tragic event. What most cannot bypass however is the medical exam that is typically required by the insurance company prior to issuing whole or term life insurance? This is why term life insurance no exam is offered.
Some people are surprised to learn that it is accomplishable to buy whole life insurance without surrendering to a medical examination. While there are several excellent policies on the market today that render life insurance no exam coverage, there are a few things to keep in mind before hopping on the bandwagon. One of the first things to gather is that going this route is not necessarily the most cost effective Also, most of these policies only offer limited protection for the first 2-3 years after you buy it. An example of this would be zero coverage for natural death for the first 2-3 years and 50% payment for accidental death. It’s very cardinal that you read the policy exclusions before you buy any term life insurance no exam policy and make sure you understand them.
<
Why Get A Term LIfe Insurance Quote Online?
November 6, 2009 by
Filed under term life insurance no exam, term life insurance quote online
Getting a term life insurance quote online is a great place to start your life insurance shopping. As with any purchase, the best way to get affordable term life insurance is to compare term life insurance rates. Many companies sell term life insurance. Each one prices their term life policies differently. By comparing their term life insurance rates, you will find the most affordable price.
Life insurance rate quotes are estimates of the rates you will pay on life insurance policies from various insurers. Our quotes can be received entirely online from the peace of your own home. Life insurance quotes detail the exact structure of the coverage including how the coverage works and what costs are contained in it.
While getting term life insurance quotes online, you’ll see there are a few options these days. One of those is term life insurance no exam. If you’re inquiring what it will cost you to get a life insurance policy without having to arrange a medical examination, you can get the data you demand by requesting a no medical exam life insurance quote online. You can easily do a search online of the life insurance providers that sell such policies. Places such as10minutetermlife.com is a good place to check out the rates on no medical exam life insurance and compare your options.
Gender plays a role in calculating the price of the term life insurance no exam policy because females have a longer life expectancy than males. The insurance company asks about your height and weight to determine if you are overweight and as such at risk of passing away during the term of the policy. This also pertains to the use of tobacco products, which is linked to terminal illnesses. If you are a tobacco user, be sure to admit that while obtaining your term life insurance quote online, if you don’t, your life insurance rate quote might not be accurate.
If you are a tobacco user, consider Term life insurance no exam. Life insurance rates for life insurance policies have fallen in recent years, even the no exam life insurance rates, which do cost more than policies for which you will take a medical examination. This is probably due to the increased competition in this market with many companies selling different types of policies. Those with a medical stipulation that would exclude them from obtain approval for life insurance through normal avenues can still have a small amount of life insurance to pass on to a beneficiary with no exam life insurance.
The younger you are, the less expensive the term life insurance no exam rates will be because you present less of a risk to the insurance provider. You can see what your rate might be by getting a term life insurance quote online. Keep in mind that the amount of coverage will also affect the premiums. Once you take out a no exam life insurance policy at a particular age and for a specific coverage amount, this is the monthly cost you pay for the term no matter how long it may be.
Term Life Insurance No Exam: Is It For You?
November 2, 2009 by
Filed under term life insurance no exam
The variables that influence the price of the term life insurance no exam quote you get are your age, your gender, your weight and height and whether or not you use tobacco products. This also applies to having used tobacco products within the last 12 months. There will be blanks on the website page for you to enter the answers to these questions. The older you are, the more costly the policy will be.
Just like anything else, term life insurance no exam does have a few things to consider. You will see after you get your term life insurance quote online that this type of policy isn’t exactly the lowest cost life insurance. In general, the more uncomplicated it is to obtain life insurance, the more it will cost per every thousand dollars of coverage. However, in most cases, it’s only about 10% more. This is not to state that a 74 year old man should not go for simplified issue policies because they will probably not measure up for fully underwritten life insurance anyway. However, a healthy 40 year old woman should probably just go the fully underwritten underwriting process because it will permit her to obtain a much massive face value of insurance for less money!
Some people are surprised to learn while comparing term life insurance vs. whole life that it is accomplishable to buy whole life insurance without assuming a physical examination. While there are umpteen excellent policies on the market today that render life insurance no exam coverage, there are a few things to keep in mind before hopping on the bandwagon. One of the first things to understand is that going this route is not necessarily the most cost effective. However, a lot of folks choose this policy anyhow after getting a term life insurance quote online.
If you have a computer, you can get a life insurance rate quote in your pajamas. When obtaining term life insurance quotes online, you’ll be asked about your medical history and frequently times about the medical history of your family. This “online application” will help the life insurance agents learn whether or not you’re eligible for a term life insurance no medical exam policy. Easily put, you pretty much have to be young and in excellent health to qualify for no medical exam life insurance.