Yes, it may be possible to buy less than $50,000 of life insurance.
When comparing life insurance quotes online many quote providers offer free, instant quotes for $50,000 or more of term life insurance.
However, there are some life insurance companies that specialize in offering lower amounts of life insurance protection.
Many of these smaller policies are used to provide money for burial, funeral, and other final expenses. In addition, life insurance plans under $50,000 may be offered to seniors who need a smaller amount of life insurance protection.
Several life insurance companies including Globe Life Insurance, colonial Penn, and Mutual of Omaha offer smaller amounts of life insurance coverage.
For example, Globe Life Insurance offers people age 78 and under up to $30,000 of simplified life insurance coverage without any medical examination. You can get a quote and apply online for your life insurance.
Insurance without any Medical Exam,
Just a Few Health Questions.
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