Depending on your pre-existing health condition, you may be able to get traditional life insurance. ; However, you will have to find an independent broker and may have higher premiums. ; An alternative is no medical exam life insurance, like guaranteed or simplified issue insurance. ; Compare life insurance online in minutes with Everyday Life Insurance.
Discover the benefits of guaranteed issue life insurance. No medical exams required, and fast approval. Get your free quote today!
We analyzed the best guaranteed issue life insurance companies to help you find quick coverage with no health questions or medical exam.
What Is Whole Life Insurance? Whole life insurance provides coverage throughout the life of the insured person. In addition to paying a tax-free death benefit, whole life insurance also...
Definition of term life insurance ; Term life is a contract designed to cover your life for a defined length of time, also known as a ‘term’.. · Term coverage is ideal for temporary protection, made to cover your financial obligations such as a mortgage, education costs, or income replacement during the working years. You can typically get term coverage anywhere from 10 years to 30 years, although 20 years is the most common. At Legal & General America (LGA), we’re one of the few insuran...
Waiver of premium: This rider stipulates that your policy will be kept in place should you become totally disabled prior to a specified age (usually 60 or 65) and unable to continue paying your premiums, according to the New York Department of Financial Services. The waiver of premium rider can pay up to a certain dollar amount, allowing the policy's benefits, including cash values and/or dividends, to be maintained. Total disability is defined by the terms of the rider. Accidental death benefit...
Obtaining life insurance can be challenging with a felony conviction. If you're denied coverage, consider group life and guaranteed issue life insurance.
a. The act, business, or system of insuring. 1. (Insurance) ; 1. the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, in return for payment.
Simplified issue life insurance is a type of life insurance that doesn't require a medical exam. Learn how they work, who they benefit, and more. Click here!
Common personal insurance policy types are auto, health, homeowners, and life insurance. Most individuals in the United States have at least one of these types of insurance, and car...