Life Insurance for Seniors Over 80
May 9, 2012 Uncategorized
Yes, we do sell life insurance for seniors over 80. Most seniors over 80 are looking for smaller life insuance policies that do not require an exam. Below you will find life insurance rates for seniors over 80.
$10,000 life insurance policy for male senior age 81
| 1. $1,632.10 per year with Americo Financial Life and Annuity Ins. Ultra Protector I (Simplified Issue) Standard Non-Tobacco Monthly: $144.03 |
| 2. $1,646.00 per year with Independent Order of Foresters Planright Level Nontobacco Monthly: $145.00 |
| 3. $1,740.00 per year with American Continental Insurance Co Final Expense – Level Benefit Plan Non-Smoker Monthly: $152.78 |
| 4. $1,756.13 per year with Columbian Life Insurance Company Dignified Choice – Classic I Whole Life Non-Smoker Monthly: $154.01 |
| 5. $1,770.00 per year with Royal Neighbors of America Neighbors Simplified Issue Whole Life Standard Non-Tobacco Monthly: $155.05 |
| 6. $1,840.00 per year with Madison National Life Insurance Co Legacy Select Level Benefit Whole Life Nontobacco Monthly: $165.60 |
| 7. $2,051.00 per year with United Heritage Life Insurance Co Protector Whole Life – Simplified Issue Non-Tobacco Monthly: $178.44 |
$10,000 life insurance policy for female senior age 81
| 1. $1,270.00 per year with Royal Neighbors of America Neighbors Simplified Issue Whole Life Standard Non-Tobacco Monthly: $110.51 |
| 2. $1,276.00 per year with Independent Order of Foresters Planright Level Nontobacco Monthly: $111.65 |
| 3. $1,285.90 per year with Americo Financial Life and Annuity Ins. Ultra Protector I (Simplified Issue) Standard Non-Tobacco Monthly: $116.18 |
| 4. $1,335.43 per year with Columbian Life Insurance Company Dignified Choice – Classic I Whole Life Non-Smoker Monthly: $116.67 |
| 5. $1,400.00 per year with American Continental Insurance Co Final Expense – Level Benefit Plan Non-Smoker Monthly: $122.16 |
| 6. $1,420.00 per year with Madison National Life Insurance Co Legacy Select Level Benefit Whole Life Nontobacco Monthly: $127.80 |
| 7. $1,592.00 per year with United Heritage Life Insurance Co Protector Whole Life – Simplified Issue Non-Tobacco Monthly: $138.50 |
If you would like a life insurance quote for a senior over the age of 80, please don’t hesitate to contact us at 1-888-950-TERM(8376).
Tags: $10, 000 life insurance policy for female senior age 81, 000 life insurance policy for male senior age 81, life insurance, life insurance for seniors, life insurance for seniors over 80, life insurance quote, life insurance quote for a senior, life insurance quote for a senior over 80, life insurance quote senior, life insurance rates, life insurance rates for seniors
LIFE INSURANCE FOR SENIORS OVER 70
May 27, 2011 Impaired Risk Life Insurance, Life Insurance 101, Life Insurance Products, Life Insurance Quotes, Life Insurance Rates, No Exam Life Insurance, Senior Life Insurance, final expense
Age is one of the elements that impacts the cost of life insurance. Everything else being equal, the older you are, the more expensive the policy will be. Consequently, the longer you wait to get life insurance the more expensive it will be. Even if you have waited this long to get life insurance, the good news is that it is still possible to get life insurance protection. First, you always can decide on a fully underwritten policy, which in many cases will be the least costly, and submit yourself to a medical exam. With the results of a medical exam the insurance company will have a better understanding of your health situation and thus be able to offer you the best possible premium based on your medical exam results. Or, for whatever reason, you may opt for a no-medical exam policy. What is important to know is that, depending on your health situation, you could still get life insurance even if you are 70, or even above 70 years of age. One possible answer is SIMPLIFIED ISSUE LIFE INSURANCE, which are whole life policies that do not require a medical exam but for the applicant to simply answer a few health questions. Your answers to these health questions will determine whether or not you qualify for a SIMPLIFIED ISSUE LIFE INSURANCE policy. After the death of a loved one, many families are faced with unexpected expenses, including medical bills, funeral expenses, legal fees and unpaid bills. There are a handful, or so, of life insurance companies that offer SIMPLIFIED ISSUE LIFE INSURANCE, which provide the funds to help the family with these expenses, if there are not enough resource in your estate.
If you qualify, you can have immediate protection or graded protection. On a typical policy, and as long as the required premium is paid on a timely basis, the insurance company cannot cancel the policy, cannot reduce your benefits and cannot increase your premium, regardless of the level of benefit approved. Immediate protection means exactly what it says, namely, the entire benefit is paid on day one if the insured dies. But, what if you do not qualify for immediate protection? For most individuals who do not qualify for immediate coverage, there is an alternative. You may qualify for a policy that provides GRADED BENEFITS. Under GRADED BENEFIT the policy will pay a fraction of the death benefit if the insured dies within the first year from the policy issue date (for instance, return of premium plus 5%); a greater fraction of the death benefit is paid if the insured dies on the second year of the policy(for instance, the greater of return of premium plus 10%, or 50% of the face amount); and, then, on year 3 and thereafter, 100% of the death benefit is paid. There are other variations of this formula, but not too different.
How do you know if you qualify for LEVEL (immediate) BENEFIT, or for GRADED BENEFIT? A typical SIMPLIFIED ISSUE LIFE INSURANCE policy contains a one-page (usually) questionnaire with health-related questions. It has either two parts of three parts. If you answer “NO” to any of the questions on the first part you will not qualify for any benefits under the policy. As an example of what the questions in part one are:
- Do you use a wheelchair, other than for a temporary impairment expected to last less than 2 months?
- Do you receive assistance with daily activities such as taking medications, bathing, dressing, eating or toileting? Home health care or hospice care?
- In the past 5 years – have you been diagnosed with, or received treatment for an organ or tissue transplant, Alzhemire’s disease, dementia, or amyotrophic lateral sclerosis (ALS)
- Have you tested positive to HIV, or been diagnosed with having ARC or AIDS caused by the HIV infection, or other sickness or disease derived from such infection?
- In the last 12 months – have you used oxygen to assist with breathing? Received kidney dialysis?
If you answered “NO” to all of the above (typical) questions (they vary from insurance company to insurance company), then you will move to Part 2 and sometimes Part 3, which will determine if you are eligible for LEVEL BENEFIT or GRADED BENEFIT.
At present, SIMPLIFIED ISSUE LIFE INSURANCE (sometimes referred to as “final expense insurance“) is issued up to age 85 and in amounts ranging from $2,000 to $75,000.
We hope that this post has been helpful to you. If you have any questions, would like a life insurance quote, or would like to initiate the process of filing a life insurance application with one of the insurance companies that offer SIMPLIFIED ISSUE LIFE INSURANCE, please, e-mail us at info@insuranceglobe.net , or call us at either of these numbers:
- 888-950-8376
- 786-353-2528
- 305-807-4780
Thank you!
Tags: best term life insurance rates, final expenses, impaired risk insurance, life insurance for seniors, life insurance for smokers, life insurance rates for seniors, no medical life insurance, simplified issue life insurance, whole life insurance quote online
Final Expense Life Insurance Quotes For Ages 75 – 80
Apr 6, 2011 Life Insurance Products, Life Insurance Quotes, No Exam Life Insurance, Senior Life Insurance, Types of Life Insurance, final expense
Final Expense Life Insurance Quotes For Ages 75 – 80
When Buying final expense life insurance for ages 75 – 80 years old, one of the most popular types of policies is simplified issue final expense life insurance. Simplified Issue means that you just have to answer a few health questions in order to find out if you are approved or declined for your final expense life insurance policy. No medical exam is required for simplified issue life final expense life insurance. Most of our clients ages 75 – 80 looking for final expense life insurance buy simplified issue life insurance. Final expense life insurance polices usually range from $5k to $25k. InsuranceGlobe.net can help 75 – 80 year olds get all the information they need to make a decision on final expense life insurance.
InsuranceGlobe.net is an independent life insurance agency. Because we are an independent insurance agency, we are able to search for final expense life insurance quotes for ages 75 – 80 from various life insurance companies and help you make an informed decision. Most 75 – 80 year olds shopping for final expense life insurance have some type of medical problem or problems, so we will help you find the right life insurance company based upon your specific medical conditions. Whether you have high cholesterol, diabetes, cancer, heart disease, high blood pressure or whatever it may be, we will help you find the best priced final expense life insurance at ages 75 – 80 from a financially stable company.
Sample final expense life insurance quotes for ages 75-80
Here are some sample final expense life insurance quotes for ages 75 – 80 for male and female non-smokers and smokers. Not everyone will qualify for these rates. Call to find out if you qualify.
These are monthly rates*
$10,000
Male Female
97.41 72.21 age 75
104.41 76.61 age 76
113.11 82.61 age 77
122.71 88.71 age 78
132.21 95.71 age 79
142.71 102.71 age 80
These final expense life insurance quotes for ages 75 – 80 are accurate as of 04/05/2011 and can change at any tiime and not everyone will be approved.
Let InsuranceGlobe.net simplify the process of buying final expense life insurance for ages 75 – 80. Give us a call and speak to us directly so we can help you find the best final expense life insurance policy for ages 75 – 80. You can reach us at 1-888-950-TERM.
Tags: affordable life insurance quote, affordable term life insurance quote, compare life insurance quote, final expense, Final Expense Life Insurance For Ages 75 - 80, life insurance, life insurance for elderly, life insurance for seniors, Life Insurance Quotes, no exam life insurance, Senior Life Insurance
Life Insurance For Elderly Over 80
Sep 28, 2010 Impaired Risk Life Insurance, Life Insurance Quotes, Senior Life Insurance, Types of Life Insurance, final expense
I often get customers looking for life insurance for elderly over 80. Usually, I get life insurance quote requests from the son or daughter of a senior or elderly parent over the age of 80. As you might imagine, life insurance for elderly seniors over the age of 80 can be very expensive.
Read the rest of this entry »
Tags: life insurance for elderly, life insurance for elderly over 80, life insurance for people over 80, life insurance for seniors, life insurance for seniors over 80
Life Insurance for Seniors over 80
Aug 9, 2010 Senior Life Insurance
Looking for life insurance for seniors over 80? Most people that are looking for life insurance over the age of 80 are probably looking for a small policy just to cover the cost of a burial and other final expenses. Most policies will be in the range of $5,000 to $25,000 per year. There are companies that specialize in life insurance for seniors over 80. Many of which offer policies without an exam and which can be issued in as little as a few days. Some of the companies that specialize in this type of life insurance are Americo, Boston Mutual, Royal Neighbors of America, United Heritage Life and Columbian Life. If you are looking for life insurance for seniors over 80, please call us at 1-888-950-TERM. You can also get life insurance quotes here. Our online life insurance quotes are for a minimum of $50,000, so please call us if you need a rates for under $50,000. If you prefer you can email us at info@insuranceglobe.net.
Tags: affordable term life insurance quote, compare life insurance quote, final expense life insurance, final expense policy, guarantee issue final expense, guaranteed issue life insurance, insurance life policy, life in, life insurance, life insurance 80, life insurance age, life insurance age 80, life insurance for, life insurance for seniors, life insurance for seniors over 80, life insurance over, life insurance policies, life insurance policy, Life Insurance Quotes, life insurance senior, Senior Life Insurance, simplified issue final expense, simplified issue life insurance, small life insurance policy
Life Insurance for Seniors Over 75
Feb 7, 2010 Life Insurance Quotes, Senior Life Insurance
Here are some sample life insurance quotes for life insurance for seniors over 75.
Read the rest of this entry »
Tags: life insurance for seniors, life insurance for seniors over 75, Life Insurance Quotes
Life Insurance for Seniors Over 80
Feb 7, 2010 Life Insurance Quotes, Senior Life Insurance
1-888-950-TERM to speak with an agent or click here for online final expense life insurance quotes.
Some life insurance companies are more competitive at certain ages. Here are some sample rates for final expense life insurance for seniors over 80. An 80 yr old non smoking male in average health can get a $5,000 policy for $686.40/year and an 80 yr old non smoking female in average health can get a $5,000 policy for $524.15/year. These are simplified issue policies that do not require a medical exam. All you have to do is answer a few health questions on the application and then call the insurance company to complete a quick phone interview and you will find out right over the phone if you are approved or declined. If you can answer no to the following questions you will generally be approved
1. Height____________________________ Weight ________________________
2. Do you need assistance with the normal activities of daily living (eating, bathing, dressing, taking medications,
etc.), or are you currently hospitalized, confi ned to a bed or nursing facility, or receiving hospice care?
3. Within the past 12 months have you
a. Been medically diagnosed with internal cancer, leukemia, lymphoma, or melanoma or have had more than one
occurrence of any cancer in your life time (excluding basal or Squamous cell skin cancer), had a recurrence of any
cancer, or currently being treated for cancer or had an amputation caused by any disease or cancer?
b. Been medically diagnosed, treated, or taken medication for stroke or transient ischemic attack (TIA/mini-stroke)?
4. Within the past 24 months have you
a. Been medically diagnosed, treated or taken medication for cirrhosis, liver disease, angina, chronic obstructive
pulmonary or lung disease (COPD/COLD), emphysema, chronic bronchitis, required oxygen to assist in breathing,
or uncontrolled high blood pressure?
b. Been medically diagnosed as having, been treated for or hospitalized for heart disease, Hodgkin’s Disease, heart
attack, heart or circulatory vascular surgery (including coronary artery bypass, pacemaker or replacement pacemaker,
heart valve replacement, abdominal aortic aneurysm, but excluding angioplasty or stent placement) cardiomyopathy,
or any procedure to improve circulation to the heart or brain?
5. Within the past 36 months have you
a. been convicted of a felony or are you currently incarcerated or on probation, been diagnosed or treated by a licensed
member of the medical profession for alcohol or any drugs of abuse, attempted suicide, or been convicted of operating
a vehicle while intoxicated or impaired?
6. Have you ever
a. Been medically treated for insulin shock, diabetic coma, or have you taken insulin injections or by other methods
prior to age 40?
b. Tested positive to exposure to the HIV infection or been diagnosed as having ARC or AIDS caused by the HIV infection
or other sickness or condition derived from such infection?
c. Had, or been medically advised by a member of the medical profession to have, an organ transplant, or been diagnosed
as having a terminal medical condition that is expected to result in death within the next 12 months.
d. Been medically diagnosed, treated, or taken medication for chronic kidney disease (including dialysis), kidney or
liver failure, congestive heart failure, Alzheimer’s, dementia, Lou Gehrig’s disease (ALS), schizophrenia, bipolar
disorder, or mental incapacity?
If you cannot answer no to all of these questions, then we have other plans available which are called guaranteed issue. Guarantee issue final expense life insurance policies generally take anyone without regard to health. Most of them are issued with a graded or modified death benefit, which means they will not pay the full death benefit in the first 2 or 3 years of the policy. What they do is pay a percentage of the death benefit in the first 2 or 3 years or they pay back your cumulative premium plus interest. If the insured lives beyond this initial period and dies afterward the insurance company will pay the full death benefit.
These simplified issue and guaranteed issue low face amount policies go by names such as final expense, burial policy or funeral policy, but they are all basically the same thing, which is a life insurance policy and they are usually a whole life insurance policy. Most seniors over the age of 80 and looking for life insurance are looking for these types of policies with a death benefit amount anywhere between $5,000 to $50,000.
To get your final expense life insurance quotes today please call us at 1-888-950-TERM (8376). You can also use our online life insurance quote engine. Just click here and you can run as many life insurance quotes as you like. You will be taken to an online life insurance quote form. Up at the top of the form you will be able to choose from different types of life insurance. You can choose from term life, universal life or return of premium life. If you are over 80 you are going to want to choose universal life insurance and then proceed to filling out the form. When you get to the level term period drop down box you can choose from different guarantee periods. If you are looking for a lifetime guarantee choose to age 121 level (no lapse U/L). If you are willing to go with a policy that is only guaranteed to age 90 in exchange for a lower premium then choose to age 90 level guaranteed.
I hope this post has been helpful to you. If you have any questions, please call us at 1-888-950-8376 to speak to a licensed life insurance specialist or you can email us at info@insuranceglobe.net.
Tags: burial life insurance, final expense insurance, final expense life insurance, final expense life insurance quotes, final expense life insurance rates, funeral life insurance, graded death benefit, guaranteed issue life insurance, life insurance for seniors, life insurance for seniors over 80, Life Insurance Quotes, modified death benefit, online life insurance quotes, return of premium life insurance, simplified issue life insurance, term life insurance, universal life insurance, Whole Life Insurance
Life Insurance for Seniors Over 70
Apr 29, 2009 Life Insurance Quotes, Senior Life Insurance
Life Insurance for Seniors Over 70
Looking for life insurance for seniors over 70? Here you will be able to get accurate life insurance quotes and save time and money. You will be able to get rates for term and universal life insurance from several competing insurance companies.
Read the rest of this entry »
Tags: life insurance, life insurance for seniors, life insurance for seniors over 70, life insurance policy, Life Insurance Quotes, term life, term life insurance, universal life insurance
