Life Insurance and Pre-Existing Conditions
Do You Have a Pre-Existing Health Condition and Need Life Insurance?
If so, you may be wondering if it’s possible to get insured, if it will be affordable, and how much coverage you can get.
These are all good questions and concerns that many just like you with a health condition may be considering when in need of life insurance protection.
The answer to your question is "Yes", you can get life insurance with an existing health problem. There are plans available that offer insurance to those with health issues, and some insurers even offer guaranteed approval, which means you can’t be turned down.
What Type of Life Insurance is Available?
There are term life insurance and permanent life insurance policies available, but whether or not you qualify will depend on your age, health, and specifics regarding your illness, including they type of illness you suffer from, how long you have been ill, and the medication you currently take to manage your condition.
However, if you apply for life insurance and are turned down, there are guaranteed issue life insurance plans available that offer permanent protection lasting your entire lifetime.
How Much Life Insurance?
With guaranteed issue life insurance, you may purchase up to $25,000 of life insurance from one insurer. However, you may purchase a policy from more than one life insurance company.
What Does It Cost?
That depends on your age, gender, and the amount of life insurance you need. Here’s how you can request a free life insurance quote, with no obligation.
Is a Physical Exam Required?
No. Guaranteed issue policies do not require any health examination.
Will I Be Asked Questions About My Health?
Usually, there are no health questions asked for a guaranteed approval policy.
Can My Policy Be Cancelled?
No. The insurance company cannot cancel your coverage; for example, if your health worsens. But, you may request to cancel your policy and end your coverage if you wish to do so.
Will My Premium Ever Increase?
No. With guaranteed approval policies your premiums usually remain the same for the life of your coverage.
Can I Get Insurance for My Spouse?
Yes. You can buy life insurance on yourself, you and your spouse, or just your spouse. It’s up to you.
What If I Change My Mind?
Each guaranteed issue life insurance policy from United of Omaha comes with a 60-day money-back guarantee, so there is no risk to you if you choose to buy a policy.
Top Pick – United of Omaha
United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.