(PRWEB) December 05, 2013
No exam life insurance has many advantages for people who are older than 50 years and suffer from a terminal illness. These policies are accessible and can be bought from most agencies in the country. Clients are advise to compare quotes and get as better informed as possible before purchasing a plan.
The main advantage of no exam life insurance policies is their accessibility for people who are over 50 years old and have terminal diseases or other medical problems. It can also help people save time. Traditional life insurance policies have a complicated and time consuming underwriting process which requires clients to visit many doctors and go through various medical tests. But, by purchasing a no medical exam life insurance plan, people can skip medical examinations and get life insurance in less than 24 hours.
People who have terminal diseases like: diabetes, heart problems or pneumonia can get life insurance by purchasing a simplified issue plan. These plans offer temporary coverage and it pays out a death benefit of $300,000 maximum. The coverage can be used to cover important costs and to financially support dependent family members.
Seniors who need life insurance to cover funeral costs, can purchase a simple last expense insurance which provides permanent coverage and pay out a death benefit of $50,000. The benefit is graded which means that the policy will not pay proceedings if the insured dies in less than two years.
“People who are older than 50 years can get life insurance fast and easy through a plan which does not require medical examinations. No medical exam life insurance is an accessible plans which can be bought at affordable rates!” said Russell Rabichev, Marketing Director of Internet Marketing Company.
Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://www.50lifeinsurance.net.