The biggest benefit of this type of coverage is if you have a debilitating health condition that would make
getting ordinary life insurance impossible.
Once the policy period expires, the deposit and the interest that has accumulated on it can be used to pay for another policy period or to even
get an ordinary life insurance policy.
Not exact matches
The difference between term
life insurance with the return of premium rider and your
ordinary 30 year level term policy is that 30 years down the line, if he's still alive John
gets back $ 49,536!
However, there are several other very good reasons to buy a policy without an exam including saving time, avoiding
getting poked by a needle, not having to deal with an agent and eliminating the hassles of
ordinary life insurance underwriting.
The difference between term
life insurance with the return of premium rider and your
ordinary 30 year level term policy, however, is that 30 years down the line, if there's been no death, John
gets back $ 49,536!!
As we
get healthier as a society and are
living longer, and with new medical breakthroughs coming online daily, it's not out of the
ordinary for people not to even consider
life insurance over 50, or even in their 50s, 60 s, 70 s and in some cases as old as 80.
So rather than settle straight away for final expense or burial
insurance, take a moment and find out what the underwriters are going to look at to determine if you can
get ordinary whole or term
life insurance while blind.
That put you in a much better risk than
ordinary people your age, comprehend that you will have to pay a lot for the satisfaction of
getting cheap
life insurance elderly protection.