No hassles, and no headaches
Comparing life insurance prices and choosing the ideal policy can often seem like a cumbersome process. The good news is that shopping for life insurance does not have to be a time consuming process.
Many people that have physical disabilities may wonder whether they can buy life insurance. The fear of getting denied often leads to their lives being uninsured. However, if you are suffering from any kind of disability, it could be important for you to know that it is perfectly possible for disabled persons to buy life insurance policies for a cost that you can easily afford and sustain. Besides, there might be a number of options for insuring your life. Here is some important information about the same which you may find useful if you are thinking of purchasing life insurance.
Get your Free QuoteYou can get life insurance without a medical exam; no needles, no labs? And the best part is that those No Exam term life insurance policies now cost about the same as conventional term life insurance.
Variable life insurance offer whole life protection and an investing component to mutual fund
Joint life insurance insures two lives, usually those of spouses, under one policy
Group life insurance is type of life insurance in which singal contract cover an entire group of people.
Comparing life insurance prices and choosing the ideal policy can often seem like a cumbersome process. The good news is that shopping for life insurance does not have to be a time consuming process.
The type of insurance you choose depends on a variety of factors, most significantly whether you are a person with disabilities or are a parent, caregiver, or guardian of someone with disabilities. Apply for quotes with QuoteAndInsure.
There could be 2 Major types of life insurance as follows.
Provides coverage for specified number of years say 10, 20 or 30 years. For those outliving policy terms, insurers will not pay death benefit.
Provides coverage for the entire life as long as policyholders continue to pay premium regularly. In the event of policyholder’s death, survivors are entitled to receive death benefit. In addition, such a policy may also have “cash value” element which allows policyholder to get cash from policy when needed. But insurers would subtract the withdrawn money from death benefit.
Alternatively, if you are already covered under employer sponsored group, you can consider buying additional life insurance coverage. But you might lose the coverage when you leave your job. But such a proposition can be ideal if you already have purchased life insurance coverage on your own and employer plan is an extra option.
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