(PRWEB) February 16, 2014
It is now possible to get permanent life coverage without having to take a medical examination. No medical exam life insurance policies like final expense insurance can provide permanent coverage for seniors who are over 65 years old. Permanent coverage doesn’t expire and it is best used for covering funeral expenses.
Final expense insurance provides permanent life coverage without requiring the applicant to take medical examinations. Seniors can qualify as long as they are not over 80 years old. This type of coverage has a graded benefit which means that the agency will not pay insurance proceedings if the insured dies too soon. If the insured dies in the first two years since the policy’s activation, the beneficiaries will receive only the amount paid for premiums.
Since it provides life coverage fast and without medical examination, final expense can offer a limited death benefit, no larger than 50,000. It is also more expensive than traditional plans. In order to find affordable rates, comparing quotes is a must. Comparing quotes can help seniors save up to 40% of their life insurance costs!
Lifeinsuranceover65.com 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://lifeinsuranceover65.com!