Affordable Life Insurance Protection for Your Family
This is the place where you'll get up-to-date information on Term life online insurance, including money-saving tips, articles, company reviews and resources to help you learn about term life insurance.
Do you need life insurance today? Here's how you can Apply for life insurance within 10 minutes!
Yes, most term life insurance policies do require a physical exam, which is also known as a paraded exam performed at your home or office, and paid for by the insurance company.
Usually, the minimum amount of term life insurance available is $100,000 ($50,000 form some carriers).
If you are over 30 years old, or you smoke, you will likely need to take a paramed exam for life insurance.
However, there are term life insurance policies without a physical examination required.
These no exam policies may offer up to $1,000,000 of life insurance with no exam for qualified applicants.
In order to qualify for no exam life insurance you need to be healthy and between the ages of 20 to 60.
is there life insurance available that I can purchase online and start my coverage right away?
Yes, there are "Quick-Issue" life insurance plans with no physical exam required that offer you the option to apply online (safe & secure), and find out the same day if you are approved for coverage.
If approved, you select a payment option, make your first month's premium payment, and start your life insurance immediately.
These plans are usually available for healthy individuals who are between the ages of 20 to 60.
Approval will vary by insurer based in part on your answers to the heath questions asked.
The pricing and amount of life insurance available varies by insurer. Some of the leading providers of quick issue life insurance plans include Haven Life, AAA, ANICO, Fidelity Life and Globe Life, among others.
Is it possible for a senior citizen to buy life insurance without taking an exam or answering any health questions?
In fact, there are even Guaranteed Issue life insurance policies offered for seniors which guarantees your approval for life insurance, even if you have pre existing health conditions, or have been turned down for life insurance by other insurers.
With Guaranteed Issue life insurance there is no health exam required, and you won't have to answer any questions about the condition of your health.
There are guaranteed issue plans available for people ages 45 to 85.
Does Fidelity offer no exam term insurance?
Yes, they do offer term life insurance policies without any health examination required.
You can request a free quote and apply for your policy online.
Usually, a qualified applicant can get approved and start their coverage from Fidelity within 24 to 48 hours.
Fidelity offers up to $500,000 of affordable term life insurance plans without any health exam required for healthy individuals who qualify for coverage.
Instead of waiting 4-6 weeks to get insured, you can now take advantage of the speed and ease of the internet and the advances made by insurers life Fidelity who now are able to analyze a risk for insurance and provide approval within a matter of 1 or 2 days - much quicker than the traditional way of underwriting an applicant for life insurance.
Direct term life insurance is a type of life insurance you can purchase direct from the insurer over the internet.
Term insurance is temporary coverage lasting for a period of up to 30 years.
There may be several different terms of coverage available, including 10, 15, 20, 25 or 30 year term life plans.
The longer your policy term, the higher your annual premiums for coverage.
Several insurers offer direct term life over the internet, including Haven Life, AAA, ANICO, Fidelity Life and Globe Life, among others.
With direct term you may be able to get insured and begin your life insurance protection the same day you apply for a policy.
Is there any instant life insurance I can buy?
Yes, there are instant-issue life insurance policies available from several life insurers over the internet that offer same day coverage for healthy individuals who qualify for coverage.
Some insurers offering instant plans include Haven Life, Sagicor, AAA, ANICO and Globe Life, among others.
With instant issue plans you can request a free price quote, apply completely online, and begin your life insurance immediately upon approval, which may take between 10 minutes to 48 hours, depending on the insurer.
Once approved, you select a payment method, make the first month's premium payment, and start your life insurance coverage right away.
Is there life insurance I can buy to pay off my mortgage in case I die?
Yes, it's called mortgage term life insurance an you buy it to insure your life. You select a beneficiary - for example, your spouse or another family member to be beneficiary.
Upon your passing, your beneficiary would receive the death benefit from your life insurance and that person can use it to pay off the mortgage on the home.
That way, your family can remain in the home they shared with you should you die before the mortgage has been fully repaid.
When choosing coverage make sure to select a term life policy with a term (duration) equal to the length of time you have a mortgage - 15, 20 or 30 years.
Also, choose an amount of life insurance that matches the amount of money you owe on your mortgage loan.
Can seniors over 70 get term life insurance?
Yes, there are term life policies available for seniors over 70 years old.
However, the length of coverage may be limited to 5 or 10 years depending on your age and health.
If you have health problems, there are guaranteed issue whole life insurance policies available for people age 45 to 85.
If you own a term life insurance policy and your policy term is nearing its end, you may be wondering what happens.
With term life coverage, when your policy term expires, your life insurance coverage ends.
You pay no more premiums, there is no payout of any death benefit, and your insurance ends.
If you outlive your term life policy term, your coverage expires.
If you pass away during your term life policy term, your death benefit is paid out to your beneficiary.
If you still need life insurance, you may be able to purchase a new life insurance policy.
Another option may be to renew your term insurance for another term, usually up to 10 years. This is called renewable term life insurance, and your term policy may offer this option.
If you choose to renew your term insurance, you want to contact your insurer before expiration and let them know you need to renew your policy.
Your new term life premium will be based on your age at the time of your policy renewal.
Can I buy instant coverage life insurance without taking a medical exam?
Yes, if you are healthy and qualify for coverage, you may be able to purchase no exam life insurance with coverage that starts the same day you apply for a policy.
These quick issue life insurance plans are available online and allow qualified individuals the option to apply online and begin their life insurance protection immediately upon approval.
The amount of coverage available and the pricing of the policies does vary by life insurance company.
However, this is the quickest and easiest way to buy your insurance plan.
Most instant issue life insurance policies are available for healthy individuals between the ages of 20 to 60.
The amount of coverage available may vary from $100,000 up to $500,000 or more - with one insurer offering up to $2,000,000 of instant coverage no exam life insurance.