Affordable Life Insurance Protection for Your Family

Term Life Insurance Blog

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.

You can learn how term life insurance works, get free term life insurance quotes, or learn about term life insurance no exams required. Review a list of the top 10 life insurance companies.


Burial Insurance in North Carolina

Can people living in North Carolina get life insurance to cover the cost of their burial expenses?

Yes, there are burial expense life insurance plans available for people living in the state of North Carolina.

In fact, one highly-rated insurer offers up to $25,000 of burial insurance with guaranteed acceptance for anyone between the ages of 45 to 85 years old.

There is no physical examination required, and you won't have to answer any questions about your health.

Even if you have been turned down for life insurance form other insurers, you may purchase a guaranteed approval burial life insurance policy, if you meet the age requirements for approval.

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What Does Life Insurance Coverage Pay For?

If you own life insurance, the death benefit proceeds are paid out to your beneficiary upon your death.

The proceeds received from your life insurance policy can be used by the beneficiary for any purpose.

For example, the beneficiary may choose to use the money received from your life insurance to pay for your funeral and burial, or to pay off the mortgage on a home, pay off credit card debt, pay for living expenses, or fund the education of a child or grandchild, among other things.

It is up to the discretion of the beneficiary, how the money will be used.

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Can Your Life Insurance Premium Change?

There are two basic types of life insurance, permanent life which has premiums that remain the same for the life of your policy, and term life, which has premiums that are fixed for a specific period of time.

With level term plans you have level premiums for the duration of your policy term.

With term to 70 life insurance, you have fixed premiums for the first 20 years you are insured, then premiums increase each year.

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Do They Drug Test for Term Life Insurance?

Yes, there are medical exams and drug tests required for term life insurance policies.

Usually, you would have to take a drug test and medical exam if you are buying more than $50,000 of life insurance or you are over a certain age.

However, there are some insurers that offer no exam term life insurance policies with no drug testing required.

In fact, one insurer offers up to $2,000,000 of no exam term life insurance which you can purchase direct online, if you qualify for coverage.

These plans may be available to healthy individuals between the ages of 20 to 60 years old.

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Graded Benefit Life Insurance Plans

What are graded benefit life insurance plans?

They are a type of life insurance that pays out a limited death benefit early in the policy, but provides 100% death benefit coverage after a certain period of time.

For example, some graded life insurance policies may only pay back the premiums you have paid if you die within the first 2 years of being insured.

However, of the death of the insured occurs after the first two years, then the full death benefit is paid out to your beneficiary.

Many guaranteed issue life insurance policies provide graded death benefits.

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Do Term Life Insurance Premiums Increase?

It depends on the type of life insurance policy you have.

If you have a fixed level term life plan, then your premiums will remain the same each year for the entire duration of your policy term. This may be for a term of 10, 15, 20, 25 or 30 years.

If you outlive the term, your policy expires.

If you have a term life to 70 policy, your premiums may remain the same for the first 20 years, then increase annually after that until you reach 70 years old.

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Burial Insurance in Pennsylvania

Can people living in Pennsylvania get life insurance to cover the cost of their burial expenses?

Yes, there are burial expense life insurance plans available for people living in the state of Pennsylvania.

In fact, one highly-rated insurer offers up to $25,000 of burial insurance with guaranteed acceptance for anyone between the ages of 45 to 85 years old.

There is no physical examination required, and you won't have to answer any questions about your health.

Even if you have been turned down for life insurance form other insurers, you may purchase a guaranteed approval burial life insurance policy, if you meet the age requirements for approval.

Continue reading "Burial Insurance in Pennsylvania"

Life Insurance for 84 Year Old

Is there life insurance for people 84 years old?

Yes. In fact, 84 year olds can buy life insurance with guaranteed approval.

United of Omaha offers up to $25,000 of life insurance for people ages 45 to 85 years old.

There are no health questions asked, and you won't have to take any physical examination.

Your approval is guaranteed if you meet the age requirement for coverage.

Even if you have been denied coverage by other insurers, you may still be able to get insured.

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Taking Out a Life Insurance Policy on an Adult Child

Can I buy life insurance on my adult child?

Yes, parents may be able to purchase life insurance on their adult children.

Many parents buy life insurance on their adult kids to guarantee a college loan or auto loan, or because their adult child doesn't have enough money to buy his or her own life insurance, and they have their own children they want to protect.

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Term Life for Seniors No Exam

Is it possible for seniors to buy term life insurance without having to take a medical exam to qualify for coverage?

Yes. In fact, one highly-rated insurance company offers seniors the chance to purchase form $5,000 up to $50,000 of life insurance without any exams, just a few simple health questions asked.

Seniors can request a free price quote and apply online for their no exam life insurance coverage in just minutes.

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