Is there Life Insurance for Uninsurable People?
Have you applied for life insurance and been turned down? Are you finding it really tough to get life insurance?
If so, you may have another option available to you.
Today, there are many people who may be considered uninsurable by some life insurance companies due to their age, health, diabetes, smoking, DUI’s, use of marijuana, high risk job or high risk occupation, etc. But, that doesn’t mean every life insurance company will turn you down for coverage.
There are several ways to try and get insured if you may be considered uninsurable:
First, if you have tried to get life insurance and been denied you may want to contact a local licensed independent life insurance agent that specializes in high-risk life insurance.
Why? Because, an agent that specializes in this type of life insurance will know which life insurance carriers in your state offer life insurance for high risk people.
Another option is to consider life insurance carriers that offer direct life insurance for seniors and high risk people.
Among the leading providers of no exam life insurance plans for high risk people are:
These plans usually offer a low limit of life insurance coverage from $5,000 up to $25,000.
There are no medical exams but there may be a few health questions for you to answer when you apply for a policy.
In addition, some of these plans may be graded death benefit life insurance policies, which means you won’t have full coverage until you have been insured by the life insurance company for a least 2 years, depending on the insurance company.
Life Insurance Quotes
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.
Highly Recommended – Vantis Life
Vantis Life offers $5,000 to $20,000 of permanent life insurance with no medical examination required. There are no health questions asked. People age 50 to 80 cannot be turned down. Vantis is rated "A-" (Excellent) by AM Best for financial strength. Your premiums will never increase and your benefits will never decrease.