Sentences with phrase «for other types of life insurance»

These policies could be an attractive option to people who can not qualify for other types of life insurance policies.
For other types of life insurance policies such as endowment policy, the maturity amount is payable at the end of the policy term on survival of the policy holder.
In fact, guaranteed issue whole life specifically designed for those who can not qualify for other types of life insurance due to their health issues.
That means that it will represent permanent insurance, and as a result it will carry a higher premium than what you will pay for other types of life insurance.
If you can't get approved for other types of life insurance (like a term policy), a guaranteed - issue policy may be an option.
This is a final expense policy for those that can't qualify for any other type of life insurance coverage.
It really should only be purchased by people who do not qualify for any other type of life insurance because of their poor health.
This is an important distinction because many people are asked to pay a higher premium or are declined entirely for other types of life insurance due to their occupations or activities.
In short, it means that it is highly likely that you will qualify for final life policies even if you do not qualify for other types of life insurance.
That means that it will represent permanent insurance, and as a result it will carry a higher premium than what you will pay for other types of life insurance.
If you can't get approved for other types of life insurance (like a term policy), a guaranteed - issue policy may be an option.
A full illustration for other types of life insurance (whole life, universal life, or variable universal life) can only be run... Continue reading →
For other types of life insurance without medical exams, give us a call at (888) 905-0333.
Premiums will be higher, but if you are likely to be rejected altogether for other types of life insurance, this could be your best option.
(You can also compare term life quotes and quotes for other types of life insurance plans)
It is oftentimes a last resort for individuals who can't qualify for other types of life insurance policies because of their health issues and / or don't have the option to purchase life insurance through their employer.
Guaranteed Acceptance Life Insurance - Seniors who purchase guaranteed acceptance insurance are those who can't qualify for any other type of life insurance due to health problems.
This means that families and loved ones can obtain the financial protection that they need pretty affordably, even if they have been turned down for other types of life insurance coverage.
A full illustration for other types of life insurance (whole life, universal life, or variable universal life) can only be run by a life insurance company, and this is usually provided by the agent.
If you have a serious pre-existing medical condition that would prevent you from qualifying for any other type of life insurance policy that will either require a medical exam or have medical questions that will disqualify you from being eligible, then a guaranteed issue life insurance policy may be best for you.
For those who may not be able to qualify for other types of life insurance due to health reasons, there is another potential option that could provide you with the life insurance coverage that you need.
2) If you can't qualify for other types of life insurance, we'll compare all the top guaranteed acceptance life insurance companies based on your age, coverage amount desired or budget and present you the best option.
With a simplified underwriting process, the Graded Benefit Whole Life policy could offer individuals who may not qualify for other types of life insurance an opportunity to obtain permanent whole life coverage.
One of the main reasons that some people do not qualify for other types of life insurance is that they do not pass the necessary medical exams.
But remember, guaranteed issue life insurance policies which contain a graded death benefit are insurance policies that are usually reserved for those who simply can't qualify for any other type of life insurance policy.
But despite these drawbacks, guaranteed issue life insurance policies can still be a great option for those who simply can't qualify for any other type of life insurance!
A guaranteed issue life insurance policy is a life insurance policy that will not require an applicant to take a medical exam or answer any health related questions in order for him or her to qualify.These policies are typically reserved for those who can not qualify for any other type of life insurance.
Now this does not mean that your guaranteed issue life insurance policy will cost a fortune, it just means that you will need to pay more for the amount of coverage you actually receive than someone who can qualify for other types of life insurance policies would have to pay.
Today, seniors, those with adverse health conditions, and smokers who may not otherwise qualify for other types of life insurance, can obtain the financial protection that they need and are no longer considered «uninsured.»
Keep in mind that changing the beneficiary of a final expense policy is more complicated than for other types of life insurance, because the policy pays out to the company which will handle your final needs.
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