(PRWEB) December 05, 2013
Life insurance no physical exam plans are a great choice for seniors. Since funeral costs are high, many seniors are considering purchasing life insurance policy to help their families pay burial expenses. Also, seniors who have financial dependents need life insurance to financially protect their loved ones. All of these expenses can be covered under a no medical exam life insurance policy.
The main purpose of buying life insurance is to cover final expenses or to protect financially dependent family members. It is important to understand this in order to avoid confusing life insurance with a product that benefits the insured directly. Life insurance pays out a death benefit only after the insured has passed away. The insured cannot be the beneficiary of his or her own policy.
Life insurance should be bought by seniors who need to cover important last expenses like funeral taxes, mortgage loans or by people who have financial dependents. Seniors should choose a life insurance policy that does not require a medical examination. These plans are a lot more accessible for retired people because they do not require medical examinations and do not have age limitation. Even a senior who is older than 65 years can get life coverage.
No medical exam life insurance offers temporary or permanent coverage and in order to qualify for a plan, a senior has to complete a medical questionnaire. This is a simple process which can be completed online. The policy can be issued in less than 24 hours.
Online Insurance Marketplace advises people to search and compare as many quotes as possible before purchasing a plan. Comparing no medical exam life insurance quotes is essential as it can help people save money on their life insurance plans.
“Life insurance is an important investment for seniors who need to cover funeral taxes and who have financial dependents. no medical exam life insurance are some of the best insurance offers available for seniors!” 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://noexamlifeinsurance.us.