Thursday, April 5, 2012

Life insurance for Seniors over 80

How easy is it to get coverage once you are a senior?
Get a free quote: www.MintcoFinancial.com
The truth is, it is a bit more difficult than getting life insurance for a 20 year old but the bottom line is the same whether you are in your 20s or 80's. Are you healthy enough to qualify? And if you qualify, what plan can you get? For most people over 65, whole life tends to be the plan of choice. Particularly if they want to keep the process fast and simple. No exam whole life insurance is by far the easiest to apply and qualify for. Some companies will even just take a paper application, do a quick phone interview (and sometimes not even that) and that is it. You can get a final answer in as fast as 2 days! One limitation to these plans is the amount you can qualify for. The most we have seen with one company is $75,000.

Seniors from the age of 60 to 85 can get life insurance. The process can be as simple as for the younger groups. Plans without exam are also available and make it even easier for seniors to get the life insurance they need.

If you are over 85:

If you are shopping for life insurance quotes at age 85, then you should know what your quote request for inexpensive life insurance for seniors options are. Are you looking for term life, whole life, burial insurance, or are you unsure of which type of life insurance is best for you?
At over age 85, your options for life insurance become more limited. You may still be able to qualify for up to a 10 year term life insurance policy, as well as whole life insurance, burial insurance, and final expense insurance. Keep in mind that the rate that you will pay depends on several variables such as age, health history, family health history, driving history, and more.

If you are a smoker or, not common with seniors over 85, if you have pre-existing health conditions, you can still get affordable rates for life insurance. Even with major health issues, you may qualify for a guaranteed issue life insurance policy.

Get a free no obligation quote today and compare multiple quotes from the nation's highest rated carriers. Remember that all life insurance carriers have different rates, so it pays to compare.
You do not have to meet with an agent to get the plan you need. We have developed a simple method to get seniors the coverage they need without having to waste your time with in house or office visits.

Call us at 813-964-7100 or email us at anecamara@mintcofinancial.com 

We will be glad to help you!

www.MintcoFinancial.com