26 Best Senior Life Insurance NO Medical Exam
There are two Best Senior Life Insurance No Medical options offered to seniors that cover 26 illnesses:
- Simplified Issue Life Insurance
- Guaranteed Issue Life Insurance
Simplified Issue Life Insurance
Simplified issue life insurance doesn’t require a medical examination by a doctor, but may involve a questionnaire about your health. When you apply for simplified issue life insurance, you’ll be asked questions about yourself, including if you’ve been diagnosed with any serious illnesses, if you’ve been hospitalized, and if you’ve been turned down for another life insurance policy. Simplified issue life insurance can be bought as either whole life or term policies.
Guaranteed Issue Life Insurance
Guaranteed issue life insurance doesn’t require a medical examination or a medical questionnaire, but you’ll be limited to a much lower level of coverage—often around $25,000 for non-accidental death.
For many guaranteed issue policies, if you die within the first two years, your beneficiary will only receive a benefit equal to the payments you’ve made on your policy.
Usually when you buy guaranteed issue life insurance, your coverage stays in effect for as long as you continue making payments.
What is the age limit for Senior Life Insurance
If we consider the facts, many insurance companies offer coverage up to age 90 depending the State you live.
The benefit amount can be as low as $5,000 for those looking to cover final expenses.
Best Senior Life Insurance No Medical Covers 26 Illnesses:
- Alzheimer’s Disease
- Aortic Surgery
- Aplastic Anaemia
- Bacterial Meningitis
- Benign Brain Tumour
- Life-threatening Cancer
- Coronary Artery Bypass Surgery
- Early Discovery Benefit
- Heart Attack
- Heart Valve Replacement
- Kidney Failure
- Loss of Independent Existence
- Loss of Limbs
- Loss of Speech
- Major Organ Transplant
- Major Organ Failure on Waiting List
- Motor Neuron Disease
- Multiple Sclerosis
- Occupational HIV Infection
- Parkinson’s Disease
- Severe Burns
Leave behind great memories, and a little extra—with adequate life insurance.
Where to Apply for Life Insurance No Medical Exam?
Be sure to look for insurance through a broker so that you can do the ‘preliminary inquiry’ stage, to avoid potential declines.
This is important because if you do get declined, it will make it harder to get approved elsewhere – that buffer will help you to avoid that risk.
One excellent broker is Mintco Financial located in Buffalo, New York and Tampa , Florida but serves all of USA.
You can find them at there homepage www.MintcoFinancial.com or if you prefer get a free online quote in their website.
Call 716-565-1300 or email [email protected]