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Saturday, August 11, 2012

Do you have to give medical records in order to get term life insurance?


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.
Here's how you can review the top 10 life insurance companies.
Top Pick - Your Life Insurance Carrier
You will be asked to fill out a form which takes about a minute, then you will receive the five lowest quotes for term life insurance from a network of leading life insurance companies. 
The problem I see with Term life that if you live one minute past the expiration date, your loved ones get nothing and the renewal rate can be very high.
Yes, if you outlive the term of your term life insurance policy, the coverage, ends, which is why the rates are so much lower than whole life insurance.
In addition, rates can increase at renewal of a term life insurance policy, based on your age at renewal.
However, whole life insurance rates are much higher than term life from the very start of your life insurance policy.
You can save the difference in an investment account and have that after your term life policy ends, if you do not renew the coverage.
Term life insurance plans may provide coverage for a period of 10, 15, 20 or 30 years, or until you reach age 65 or 70, usually.
Here's how you can learn more about term life insurance vs whole life insurance.
Yes, a diabetic may be able to qualify for a life insurance policy.
Controlled diabetes is not a problem at all in buying life insurance.
For instance, Empire General may offer standard rates, not even rated. Empire General merged with West Coast in the past. The rate they offer will depend on your age, health, type of diabetes, how long you have had diabetes, how it is managed, your height-to-weight ratio, as well as, other underwriting factors that may affect your acceptance for life insurance coverage.
Here's how you can learn more about life insurance for diabetics and find out how you can compare diabetes life insurance plans.
Yes, you may be able to take a loan out on your life insurance policy.
If you own a whole life or cash value life insurance plan it may build cash value inside the policy over time.
However, you will need to wait several years for "cash value" to accumulate, and then you can borrow only a portion of the amount of that cash value inside your life insurance policy.
You have to pay the money back with interest to your life insurance policy.
Here's how you can learn more about whole life insurance and how it works.
Yes, it's possible for a diabetic to buy life insurance.
It all depends on what type of diabetes you have and how bad your diabetes is.
Type 1 Diabetes is tougher than Type 2 Diabetes.
Insulin dependent is tougher than diet controlled diabetes.
There are life insurance companies that offer coverage for diabetics. It will cost more than if you did not have diabetes.
The insurer will consider the type of diabetes, your age and health, how long you have had diabetes, how you manage your diabetes, the medication you take, your height-to-weight ratio, and other health issues.
Here's an article that explains life insurance for diabetes and provides information and resources on comparing diabetes life insurance plans and rates.
When it comes to finding reliable burial insurance to provide money for your burial there are several insurers that are highly-rated and may offer affordable coverage.
Some of the top burial insurance providers may include Globe Life, Forethought, Homesteaders, Monumental, Southland and Great Western.
Each insurer has their own set of guidelines for acceptance and pricing and each may have their own requirements for how long you must live before there is full coverage provided by the policy.
Globe Life Insurance offers people age 78 and under up to $30,000 of simplified life insurance without any medical examination required.

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