Saturday, March 20, 2010

Life insurance for seniors over 75yrs?

Is there a life insurance company out there that provides life insurance for a Senior over age 75 and has had and removed cancer in the past 12 months?

There may be a chance that a life insurance company offers life insurance for cancer survivors.

There are some life insurance companies that will issue a "guaranteed issue" low value life insurance policy.

Globe Life Insurance and Mutual of Omaha are two insurers offering this type of life insurance plan.

Globe Life offers people age 78 and under up to $30,000 of simplified life insurance with no medical exam required.

Of course, the policy has to be in force at least two years, before the insured dies, before they'll pay out the full amount of coverage.

The guaranteed issue life insurance plans usually offer a limited amount of life insurance coverage and the rates may be high. That's why you might want to compare life insurance quotes from several life insurers to find out which company may offer affordable life insurance.

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