You understand that you should tell your life insurance agent the good. But what about the bad and the ugly? Yes, you should really tell all. The insurance company is going to find out anyway.
LifeNet Insurance Solutions Blog
You finally decided it was time to get life insurance and protect your family, estate, or business. Surprise, surprise, the insurance company you applied with isn't in sync with you and they decline to offer cover, or offer coverage at a rate that you can't afford. What options do you have after being denied life insurance?
If you’re over 60 and looking to buy life insurance, you might be afraid that your age will make life insurance not affordable. People over 60 typically have at least a few health issues, so you also might be worried that these problems will make your life insurance premiums astronomical.
It’s true that life insurance for seniors over 60 is a different ballgame than life insurance for younger people. But there is affordable life insurance for seniors over 60, even for those with health problems.
Life insurance is not just for young people. In fact, as we grow older, we may have more need to protect our family and/or our business with life insurance. While age is definitely a factor in determining the cost of life insurance premiums, it is absolutely possible for life insurance for people over 70 to be a good value. As a matter of fact, you can get life insurance up age 90, but it's rather pricey at that point!
Securing the right life insurance plan later in life is an important part of ensuring security for your family and giving you peace of mind.
The right plan can offer significant financial benefits like replacing an income, but its most important job is to protect your family in difficult times.
Are you or a family member over 80 and looking for coverage? There are different types of policies available for you through age 89. We'll help you find the right policy to fit your needs.
You have to consider a number of factors before you decide the which type of policy is right for you. Let's take a closer look at what goes into deciding how to buy life insurance for seniors over 80.
Life insurance is something we all need, even though we don't all have some. Many of us don't want to take an exam and consequently put off getting coverage. There are several different types of insurance policies you can purchase without a medical exam.Read More
Getting life insurance for over 80 years of age is easy to do. Here's the scoop:
- There are three different types of permanent coverage available to seniors over 80: universal life insurance, simplified issue whole life insurance and guaranteed issue life insurance.
- The amount of insurance you want will help determine which type of policy(s) you may consider.
- Your health will help decide which underwriting requirements you can meet.
- Your independent life insurance agent is the best one to help find the right policy for you.
So all you have to do is find an independent life insurance agent you are comfortable working with and the rest will follow!Read More
The short answer is yes it's possible. But I know you want to know more than that, so let me explain the ins and outs of getting life insurance if you are overweight.