We have Life Insurance Plans for people with Bad health issues and No Exam Needed!
Using our Clinical Underwriting process, we have been able to help many people with many health or non-health related issues get life insurance at affordable rates from top rated insurance companies. We have been able to cover many people with several health conditions or occupational risk such as diabetes, heart attacks, hepatitis C and more
When it comes to choosing a life insurance plan, the choices can be endless. In the situation where the person does not have a perfect health history, it can be even be more difficult.
Life insurance for people with health issues does not have to be so complicated. We have given you above, three of the most popular no exam life insurance choices and the full exam plan for people who want to try to get maximum life insurance coverage. A quick guide!
Accident Only life Insurance
Although we understand that this type of plan (Accident Life) does not pay for all possible situations, it sometimes is the best alternative to unaffordable life insurance or no life insurance at all. After all, since no health questions are asked, you cannot be turned down if you your health history is just not the best. The accident life insurance plan, can sometimes be the only choice available. One common and very good fit is with individuals who are HIV positives or with AIDS - more on Accidental Life Insurance
Graded Whole or Graded Term Life Insurance
The next best option to accident only life insurance is our graded plan. Graded life insurance is a plan often used for people with very bad health history. Graded life insurance is easy to apply for and, as with the accident life insurance, requires no exam. The major draw back to graded life insurance is its rate. Since the insurance company takes a very high risk, the cost per $1,000 in life insurance can be very high. It is called graded life insurance because for the first two to three years the insurance portion of the plan is not full. For example, should you be approved for a $100,000 policy, and should the insured pass away in the first to third year, only a partial death benefit would be paid - commonly 10% the first year, 40% the second and 100% the third. Please request a brochure and full details for proper coverage amounts. Fidelity Life Insurance Company offers some of the best graded life insurance. Another great alternative to graded no exam life insurance is level, high risk, whole life insurance with American Memorial (no exam is needed)
Full Coverage, Lower Target Rates, Full Underwriting, Impaired Risk Life Insurance
As it is called, full coverage, full underwriting plans can be the best of both worlds. Full coverage, instead of just accident life insurance coverage and potentially much lower rates than with a graded life insurance plan. Although, full underwriting may include an exam, it usually yields better results than with a no exam plan (lower rates, more benefits, longer term choices...) We have used our many years of experience to bring you, what we feel, is the best in underwriting approvals for people with health issue history or in high risk occupations (such as pilots, police officers, line men... click here for more on these.)
Full underwriting does not mean major difficulties in getting approved. On the contrary, it can be an easier process with much more pleasant results. One major difference with full underwriting life insurance for people with health issues is the need to do an exam. The exam for life insurance is not complicated and just requires than a nurse comes to your home or business and do an, often simple, exam along with asking you some basic questions. One other difference between full underwriting life insurance and no exam life insurance is also its approval time. As you may know, full underwriting life insurance can take from two to five weeks+ where no exam life insurance can take as little as one day. In a case were your medical history is not the best, we highly recommend that you take the route of a full underwriting life insurance plan which would include an exam. We can try the no exam plan but it is extremely unlikely that you will get approved and may just end up with another mark on your MIB records.
We hope that the brief explanation above, has given you a better idea of your choices. We are here to help you choose and to answer as many questions as you may have on life insurance for people with bad health history. Please ask!
Fidelity Life Graded Life, GTL Online quotes, American Memorial Whole Life
