The answer is that
most traditional life insurance companies will not approve you for a policy, however there are insurance companies that offer what's called instant issue life insurance or guaranteed issue life insurance that anybody can get approved for.
Dealing with
a traditional life insurance company means lots of paperwork and a long turn around time on approval.
In most cases,
all your traditional life insurance companies will decline your case as if you're terminally ill.
Midland National fits firmly in the mold of
a traditional life insurance company.
Genworth offers many of
the traditional life insurance company offerings like term life, whole life, universal life, survivorship life insurance, and single premium immediate annuities.
This client needed coverage to secure an SBA Loan and needed it fast and had some pretty major health issues that prevented him from securing coverage with
any traditional life insurance company.
In fact, they're a bit «off the beaten path» in many ways when compared to
traditional life insurance companies.
If you fall outside the «healthy» BMI range but you live a healthy lifestyle, you eat right, and you exercise regularly,
traditional life insurance companies can't provide you with the best rates you deserve.
Compare a no exam life insurance company and
a traditional life insurance company head to head, and it's almost guaranteed the traditional company has a more professional, refined image.
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traditional life insurance companies won't, traditional life insurance overpriced, uninsurable
That is almost always false and if you are in poor enough health to be declined by
a traditional life insurance company, you will also be declined by AARP.