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

Seniors over 80 typically won't qualify for term life insurance policies over 10 years in length, however, you can still qualify for permanent coverage.

If you are lucky enough to qualify for a term life insurance policy but the insurer will only approve a short term, this will turn the policy into a whole life insurance policy, meaning it stays in effect for as long as you pay the premiums.

For many clients, qualifying for a term life insurance policy isn't an option due to their current medical conditions.

If you can qualify for a term life insurance policy with no medical exam for the same price or a little more than a term policy with an exam, wouldn't it make sense to go with the policy that does not require a medical exam?

Which means, you really should get a second opinion when it comes to determining if you can qualify for a term life insurance policy.

If you are lucky enough to qualify for a term life insurance policy but the insurer will only approve a short term, this will turn the policy into a whole life insurance policy, meaning it stays in effect for as long as you pay the premiums.

Also, if a medical condition or other factor prevents you from qualifying for a term life insurance policy, an accidental death and dismemberment policy can offer some measure of protection when you would otherwise have none.

Seniors over 80 typically won't qualify for term life insurance policies over 10 years in length, however, you can still qualify for permanent coverage.

If you are healthy enough to qualify for a term life insurance policy, it makes sense to get one.

For example, companies usually offer whole life insurance policies or endowment life insurance policies to applicants who do not qualify for the term life insurance policy they applied for (due to health issues, or other concerns)

If you can not qualify for a term life insurance policy, we may recommend a guaranteed issue life insurance policy.

If you're in poor health, your rates will be even higher, or you may find that you might not qualify for a term life insurance policy.

So long as you are otherwise healthy, you can qualify for a term life insurance policy or a whole life insurance policy.

Some seniors may find that they don't qualify for term life insurance policies if those policies are fully underwritten.

Don't worry, you can still qualify for a term life insurance policy (10, 15, 20, or 30 year terms)- simply answer a few health questions to see if you qualify for best rates.

Depending on your age, health, and lifestyle, you may be able to qualify for term life insurance policies that cost less than $ 10 per month.

Not exact matches

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for seniors.

Additionally, locking in to a term life insurance policy now will protect you in the future should you be diagnosed with a medical condition that may prevent you from qualifying for term life insurance at the best rates.

With hybrid long - term care life insurance policies you get a death benefit payout along with the option to use the policy if you are faced with the need for qualifying long - term care services.

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for the elderly.

However, these policies are a good alternative if you don't qualify for fully underwritten term life insurance or your pre-existing medical condition is significant enough that most insurers will not accept it.

The benefit of a hybrid second - to - die long term care life insurance policy is both insureds can qualify for the long - term care.

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.

Another option is to exchange your life insurance policy for a tax - qualified long - term care insurance (LTCI) policy.

If you're older and you've procrastinated on buying life insurance, you might find it hard to qualify for a traditional term or whole life insurance policy.

However, this opinion, is based on people that are able to qualify for a level term life insurance policy.

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.

For these clients who can't qualify for a traditional term life insurance policy, a Gerber guaranteed life insurance policy that won't require a medical exam or ask any health questions is a fantastic option to pursFor these clients who can't qualify for a traditional term life insurance policy, a Gerber guaranteed life insurance policy that won't require a medical exam or ask any health questions is a fantastic option to pursfor a traditional term life insurance policy, a Gerber guaranteed life insurance policy that won't require a medical exam or ask any health questions is a fantastic option to pursue.

This blog post will cover one $ 1MM term life insurance — which companies are most competitive, what you need to do to qualify for a million dollar life insurance policy, medical exam requirements, and some specific examples of pricing.

These candidates will typically have a pre-existing medical condition preventing them from qualifying for a fully underwritten term or whole life insurance policy.

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.

Since the Smiths would be able to qualify for term life insurance and since they still have some more room to save in various tax free investment accounts, such as Cindy getting a Roth IRA, and using a 529 account for college savings, the added cost of whole life policy probably does not justify the increased cost.

Another option one may want to consider, if it turns out that they can not qualify for a traditional term or whole life insurance policy is an accidental death insurance policy.

A popular choice for people who can't qualify for term life insurance with Multiple Sclerosis is a graded death benefit life insurance policy.

Because the policy is written for a specified value, it is usually easier to get than traditional term policies, and you will not have to undergo a medical exam to qualify for most mortgage life insurance policies.

This means the applicant does not qualify for term insurance or other whole life insurance policies.

EQuick News reported that term life insurance can be renewed with higher premiums, and people over 85 years old can often qualify for these policies in many states.

If eligible, at the end of the term period the benefit may be converted to a qualified permanent life insurance policy for up to five times the original amount, regardless of the child's current health.

If due to age or health you don't qualify for the Safe Harbor Term Life Express policy, then Phoenix Life has other permanent mortgage protection insurance products to help protect your home and family.

Often, even if you've had trouble obtaining traditional life insurance due to health reasons, you will qualify for a mortgage term policy although the benefit may not be payable if death occurs within the first two years.

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.

Term life insurance is usually much cheaper than whole life insurance, but it requires going through the underwriting process again once your policy expires, so there's a chance you no longer qualify for a plan.

There is one - time to consider MPI: If you're health is poor and you can't qualify for a standard term life insurance policy.

If you're serious about buying long - term disability insurance that will replace your income for life, you can purchase a policy that lasts until you're old enough to qualify for Social Security benefits.

A renewable term life insurance policy allows your beneficiary to extend the term length without having to qualify for coverage - i.e. no medical exam needed to renew.

If he qualified for the best rates on a 30 - year term life insurance policy, he might pay $ 345 per year; if he qualified for the worst rates on the same policy, he might pay $ 677.50 per year.

If you are looking for life insurance for a disabled person we recommend you contact an agent directly to see if you qualify for a standard term policy,

In order to qualify for the AAA Traditional Term Life Insurance policy, it is required that an applicant for coverage answer several medical / health related questions.

If you want to wait for the government Open Enrollment Period (OEP), or if you need coverage while waiting for an employer - provided plan or a life - qualifying event, you can also purchase short - term health insurance — a temporary policy that can provide valuable stop - gap coverage and peace of mind in the event of an illness or accident.