Affordable Life Insurance
What’s an affordable life insurance with no health exam?
My father needs life insurance and has health problems. He needs something with low monthly payments, but will provide enough if he has a natural death.
Define “enough”.
The odds are always going to be stacked in favor of the life insurance company. If he wants a low payout policy – just enough to cover funeral costs – he can get a “no exam” policy through aarp or similar. But there are QUESTIONS, and he has to wait out a period where he’s paying the premium, but can’t collect if he dies – usually 2 years.
Which is enough time for them to collect enough money from him, to be able to pay him.
