If you have a pre-existing medical condition like a heart disease, you may be wondering where you stand or you might be putting off applying for life insurance because you’re worried your application won’t be accepted. While it’s true that insurers have the right to decline...
There is a Life Insurance option for seniors with dementia. It is called Guaranteed Issue Life Insurance. https://youtu.be/6q-H1-XwCZA What is a Guaranteed Issue Life Insurance? Guaranteed Life Insurance is a policy where: There are no medical requirements. Everyone who applies is approved. You can get between $5,000 and $25,000 of coverage. It...
Seniors who have been diagnosed with Parkinson’s disease may consider applying for life insurance for the same reasons that others do: protecting your family against funeral expenses, mortgage repayments, and overall lifestyle maintenance are many such reasons that individuals with Parkinson’s buy life insurance. Having a...
Life Insurance for Seniors with Arthritis will be available on the severity of your disease and your age. If you are in a wheelchair or unable to do your own Activities of Daily Living (ADL’s), you are only able to get guaranteed issue life insurance. If your...
Life Insurance for Seniors – Atrial Fibrillation is entirely possible but it depends on how severe your condition is and how healthy you are otherwise. Atrial fibrillation, also known as ‘arrhytmias’ or ‘dysrhythmias’, is a condition where the heart beats rapidly and irregularly. This irregular heartbeat...
There are life insurance options available for those people on oxygen (diagnosed with COPD). People on Oxygen seeking to obtain the correct type of life insurance policy should be aware that the he more you know about your diagnose, what stage of COPD you are in,...
You will not have to take any medical exam nor answer any medical questions. These policies will also typically last your entire life, so it’s impossible for you to outlive the policy death benefit period. If you’ve been told that you can’t qualify for a traditional term...
Many seniors realize end-of-life costs, especially funerals, can cause a burden for their loved ones. With the best interest of their family and for their own peace of mind, they turn to funeral insurance for seniors. Cost of Burial and funeral service, including cremation: About $15,000 Casket...
“We don’t have the money to pay for a funeral. What do we do?” These situations are never easy, but here are some tips to consider when handling a request for funeral assistance. Before anything else, it’s important to recognize that this is a common problem. In...
Burial insurance is a type of whole life insurance with a small death benefit, typically $5,000 to $25,000, specifically intended to cover your burial expenses. Because these policies are relatively small, they have minimal medical underwriting requirements. You may have to complete a health questionnaire, but you...
