Showing posts with label life insurance mom. Show all posts
Showing posts with label life insurance mom. Show all posts

Wednesday, December 16, 2009

Can I Take Out Life Insurance On My Mom?

Can I take out life insurance on my mom and if so, how and where do I find life insurance for her?

My father has passed away and I am worried I won't have the money to pay for my mom;s funeral.

How and where can I find life insurance for her, and is it possible for me to buy life insurance on my mother?

Yes, you may be able to purchase life insurance for your mom.

It depends on her age and health, and the insurance company.

However, you will probably need your mother's permission and cooperation to buy a life insurance policy insuring her life.

The life insurance company may require her signature and a medical exam.

However, there are companies that offer senior no exam life insurance policies you can apply for online.

Mutual of Omaha and Globe Life Insurance are two companies that write this type of policy.

Make sure to request and compare rates and plans before choosing a life insurance policy for your mom.

In order to find the lowest prices you may want to compare free life insurance quotes online before choosing the plan that offers you the life insurance your mom needs at an affordable premium.


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Wednesday, October 7, 2009

Life Insurance On My Mother?

Can I get life insurance on my mother?

My mom is like 65 years old...can i take out a policy on her? also whats the cost like? and how much will i get if/when she passes? ...i see all these ads for like "life insurance only a dollar"....does that mean , lets say i pay a dollar today and she passes next week, how much money would i get?....very confusing.......do u have to pay in a certain amount, to get a certain amount? .

Yes, you can buy life insurance on your mother, because insurable interest exists between a parent and their children.

With your mother's permission and consent, yes you can take out life insurance on her.

How much the life insurance will costs depends on your mother's health, age, type of policy, amount of life insurance, her height-to-weight ratio, whether she smokes or not, and other underwriting factors.

Globe Life Insurance offers simplified life insurance for people age 78 and under. There are no medical exams, just a few health questions.

You may be able to purchase up to $30,000 of life insurance for your mother from Globe life.

Globe Life offers $1 to start the life insurance policy, which means the first month is $1, and thereafter you would pay the regular monthly premiums quoted to you online.

You can learn more about Globe Life Insurance and request your free quote today.