Sentences with phrase «issued a term life insurance policy for»

You can be issued a Term life insurance policy for a smoker and eventually slash the premium if you quit smoking.

Not exact matches

In addition, Gerber's rates for term life insurance are significantly higher than those available elsewhere for simplified issue policies.

FTL - 96200 et al. and FTL - 99200 et al.) is issued by Fidelity Investments Life Insurance Company and, for New York residents, Empire Fidelity Investments Term Life Insurance (Policy Form No.

However, if you need more life insurance and have since developed health issues, converting to permanent will likely be cheaper than applying for a new term policy altogether because at that point your health will be taken into consideration.

If you're looking for term life insurance but don't want to fill out a detailed medical questionnaire, you might be interested in a Guaranteed Issue life insurance policy.

Final expense insurance: These policies are for seniors with health issues who can't qualify for traditional term life insurance, but need a policy to help cover end - of - life costs and outstanding debts, Premiums are generally high and coverage amounts are limited.

First, premiums are substantially higher than what a person would pay for a term life insurance policy for the same dollar amount, if it were to be issued.

If you can't get approved for other types of life insurance (like a term policy), a guaranteed - issue policy may be an option.

LoanProtector insurance coverage is governed by the terms and conditions of group's creditor policies, #G28444 for life insurance, #H28544 for critical illness insurance and #H28445 for disability insurance issued to Royal Bank of Canada by The Canada Life Assurance Complife insurance, #H28544 for critical illness insurance and #H28445 for disability insurance issued to Royal Bank of Canada by The Canada Life Assurance CompLife Assurance Company.

Graded and guaranteed issue life insurance policies are often issued to people who would not qualify for a fully underwritten term life insurance policy or a permanent life insurance policy.

It's also why we will typically recommend folks avoid applying for a simplified issue life insurance policy simply because these «types» of life insurance policies are often times more difficult to qualify for than a fully underwritten term or whole life insurance policy.

However if all conditions are met and everything checks out after the investigation, unlike the guaranteed issue life insurance policy, a term life insurance policy would pay the full benefit, and not just the premiums paid for the first two years.

This is because these life insurance policy types are issued to people who would not qualify for a fully underwritten term life insurance policy or a permanent life insurance policy.

• Hybrid Life Insurance — Provides Term life insurance issued for ages 18 - 65 with policy coverage ranging from $ 50,000 — $ 1,000,Life Insurance — Provides Term life insurance issued for ages 18 - 65 with policy coverage ranging from $ 50,000 — $ 1Insurance — Provides Term life insurance issued for ages 18 - 65 with policy coverage ranging from $ 50,000 — $ 1,000,life insurance issued for ages 18 - 65 with policy coverage ranging from $ 50,000 — $ 1insurance issued for ages 18 - 65 with policy coverage ranging from $ 50,000 — $ 1,000,000.

Additionally, you may also be eligible for a simplified issue life insurance policy which would allow you to obtain a quality term or whole life insurance policy without needing to take a medical exam!

But if the rate class on the fully underwritten policy comes back different than applied for due to some issue in your lab work, you can always turn down the offer and keep the no medical exam term life insurance policy you already have in place.

If you or a loved one can not get approved for a basic term or whole life policy, guaranteed acceptance or guaranteed issue life insurance may be the easy solution.

A typical application for the simplified issue no exam term or no exam universal life insurance policy can usually be completed in less than 30 minutes, and that's including your wait time for approval!

• Simplified Issue Life Insurance — You may be asked a few questions before you can be approved for these policies such as whether you are a smoker, or have been diagnosed with HIV or Aids, or whether you are currently residing in a long term facility, or have other health related issues.

A guaranteed issue policy is available to everyone, healthy or not, but the ease of purchase is reflected in higher premiums as compared to term life insurance for the same coverage amount.

Every ordinary life insurance policy (term, universal life and whole life) that is approved and issued today contains a «contestable clause» that is in effect for a full two year period from the policy date.

Although premiums for whole life are typically higher than term life insurance, the premium that you pay when the policy issues is the same level premium that you'll pay regardless of how old you are.

However, coverage amounts are limited; a life insurance company may not offer simplified issue term policies for death benefits over $ 300,000.

That makes simplified issue life insurance an option that's not ideal for most people, who can secure better rates through a traditional term policy.

Final expense insurance: These policies are for seniors with health issues who can't qualify for traditional term life insurance, but need a policy to help cover end - of - life costs and outstanding debts, Premiums are generally high and coverage amounts are limited.

Even if you're a senior or have health issues that you think may disqualify you for a term life insurance policy, it should still be the first step in your research.

Besides accelerated underwriting term life policies, you can also look at permanent policies like simplified issue life insurance, guaranteed issue life insurance, and, for older applicants, final expense life insurance.

In 1995, a Minnesota social worker took the IDS Life Insurance Company to court for refusing to issue her a long - term disability policy because she had received counseling and the medication Zoloft for dysthymia — low - grade depression.

In addition, Gerber's rates for term life insurance are significantly higher than those available elsewhere for simplified issue policies.

Unless you have complicated health issues, term life insurance is best, as it is simpler, much less expensive, and the price is fixed for the length of the policy, it will not go up on you later.

Save up to 10 % more savings comparison based on monthly premium rates as of 02/09/2015 for a 15 - year level term policy, for face amounts of $ 500,000 issued by American General Life Insurance Company at its best published rates for a male, age 40, non-smoker.

In fact, insurance companies are also going to be very interested in a wide variety of other «NON-MEDICAL» issues that could potentially keep you from qualify for a fully underwritten term life insurance policy!

MetLife offers a simplified issue (think no medical exam) term life insurance policy * for face amounts under $ 100,000.

Those who may have certain medical issues could still be able to qualify for a Basic Term Life Insurance policy through Allstate, as there is no medical examination that is required as a part of the underwriting and approval process.

If you don't qualify medically for life insurance, you can purchase an individual term policy called «guaranteed issue,» which doesn't require medical underwriting.

AARP has traditional offerings that include permanent life insurance, term life insurance, guaranteed issue and a unique young start policy for those who have young children or grandchildren.

When compared to other traditional term or whole life insurance products, guaranteed issue life insurance policies tend to be pretty expensive «dollar for dollar».

Want to consider the possibility of applying for a simplified issue term or whole life insurance policy which would allow you to qualify for a life insurance policy without the need of taking a medical exam.

Now since all you've done is apply for a term life insurance policy and a guaranteed issue life insurance policy, it's unlikely that you'll jeopardize your «financial» eligibility limits which is why you'll probably be fine.

Simplified Issue Term — This type of policy is best suited for those who suffer from any medical issues or have a troubled medical history because this type of term life insurance allows you to receive coverage without a medical eTerm — This type of policy is best suited for those who suffer from any medical issues or have a troubled medical history because this type of term life insurance allows you to receive coverage without a medical eterm life insurance allows you to receive coverage without a medical exam.

A typical application for the simplified issue no exam term life policy or the no medical exam universal life insurance policy can usually be completed in less than 30 minutes, and that's including your wait time for approval!

1If requested prior to the earlier of the end of the initial term period or the policy anniversary following the insured's 75th birthday, the policyowner can convert the term policy to the permanent life insurance policy that we make available for conversion on that date in the policy's state of issue.

A term life insurance policy that is usually issued for 10 to 30 years, during which the premium payments and the benefit amount remains the same.

For those who have recently purchased a home and are interested in a simplified issue policy, meaning reduced underwriting and faster application decisions, The Baltimore Life Insurance Company does offer their Home Secure Level Term Life product.

However, if you need more life insurance and have since developed health issues, converting to permanent will likely be cheaper than applying for a new term policy altogether because at that point your health will be taken into consideration.

Which means that while you probably won't be able to qualify for a Standard or better life insurance rate, at least now you'll have a pretty good chance at getting approved for a traditional term or whole life insurance policy and won't have to settle on purchasing a guaranteed issue life insurance policy if that isn't the right policy for you!

New York Life's simplified issue term life insurance policies are cheaper than Globe's for nonsmokers and, at some ages, smokers Life's simplified issue term life insurance policies are cheaper than Globe's for nonsmokers and, at some ages, smokers life insurance policies are cheaper than Globe's for nonsmokers and, at some ages, smokers too.

When we encounter a client with a condition that would normally not be approved for a fully underwritten term life insurance policy, we'll typically look and see what our «guaranteed issue» life insurance options are.

The NWL Rapid Issue, NWL Graded Death Benefit, and the NWL Living Benefit Term life insurance products are simplified underwriting policies, meaning that no medical exam is required for approval.

ADDvantage plans are issued on policy form series LS174, Accelerated Death Benefit Endorsement is issued on form series LR474, Children's Term Insurance Rider is issued on form series LR456, Waiver of Term Premium for Disability Rider is issued on form series LR472; or state variations by North American Company for Life and Health Insurance, Administrative Office, Sioux Falls, SD 57193.