Senior Life Insurance

April 23, 2017

Does my life insurance premium have to be paid monthly?

By admin

Q) Does my life insurance premium have to be paid monthly?

A) Your monthly premium is the monthly cost of your life insurance policy. You premium does not have to always be monthly. Your premium can also be Quarterly (paid every 3 months), Biannual (paid every 6 months) or annually (paid every year). Most people pay for their life insurance policy on a monthly basis. You can always call the insurance company and request a new payment option that works best for you.

Level Benefit Whole Life Policy Quote Examples

Female Non Smoker	Coverage Amount	Monthly Premium
Age 50	$5,000	$13.94 p/m
Age 55	$5,000	$15.80 p/m
Age 60	$5,000	$18.04 p/m

GET A FREE QUOTE FROM A STATE LICENSED AGENT

Live Agent Assistance Will Get You The Best Burial Insurance Rate

We Will Help You Get A Low Monthly Premium Whole Life Policy
Many seniors suffer from age related illness such as Heart Disease, Diabetes, Renal Failure, Cancer and other major diseases for which sometimes they are unable to get a final expense or burial insurance coverage. Sometimes if they do get coverage, the monthly premium is at a very high cost. Our live Licensed Life Insurance agents are specialized in getting you the best low monthly premium burial insurance policy through our A Rated Life Insurance carriers regardless of your health condition. Qualifying Coverage Age 50 to 85 – No Medical Exam Required.

Benefits of having a Burial Insurance Policy:

- Your burial policy last your whole life
  Life insurance premium
- You policy face value never decrease
- Your burial policy builds cash value
- Permanent Life Insurance coverage
- Your low monthly premium (payments) will never increase
- You can never outlive your burial policy
- Pays your beneficiary as long as premiums have been paid
- Policy cannot be revoked by the life insurance company
- Guaranteed Death Benefit
- Level Premiums
- Burial Policy cannot be cancelled except for lack of payment

You Can Get A Low Premium Burial Insurance Policy
UP TO AGE 85 CAN QUALIFY WITH NO MEDICAL EXAM

Our live agents can get you a Whole Life Burial Insurance Policy with No Medical Exam. Even if you have serious related illness.

We shop the lowest monthly premium rates in Burial Insurance or Final Expense Life Insurance Policies with major A+ rated companies. Our policies require no medical exam to qualify for coverage.

There are No health questions required to qualify for your burial insurance coverage. Your monthly Premium Rates will never increase. Your Benefits are never reduced because of your age or health. Benefits paid directly to your beneficiaries and may be used as you requested.

Coverage requires No Medical Exam to Qualify. Qualifying age 50 to 85

Fill out our Contact Form above to request a free quote. Start protecting your loved ones from today’s High Funeral Cost.

Average Burial Cost – $8,000 to $10,000

Get A Free Low Cost Burial Insurance Quote From A Licensed Life Insurance Agent!

* Up to $25,000 in Immediate Death Benefit for seniors.

* Get more than $25,000 if you qualify. Call Direct 800-308-9840

* Low Cost Whole Life Insurance final expense policy.

* Your Low Monthly Premium will never increase.

* Face value benefit amount will never decrease.

* No Medical Exam for you to qualify for coverage.

* Senior Care Plan will never cancel because of age.

* Life Insurance Policy Builds Cash Value and loan value for borrowing.

* Coverage last your whole life and will never change.

* Seniors Up To Age 85 Qualifies for coverage.

Licensed Life Insurance Agents. Call 800-308-9840

Appointments: Mutual Of Omaha, AIG, Gerber, American National, Cigna.

What options do I have if there is no money for burial?
If you have no money saved up for burial and have no burial insurance plan you may want to look at all possible options. According to the National Funeral Directors Association, The average funeral costs $7,181. That $7,181 includes a viewing and burial, embalming, hearse, transfer of remains, service fee and more. If you know the inevitable is… Read more: What options do I have if there is no money for burial?
What is the purpose of life insurance?
Life insurance is a contract between an individual with an insurable interest and a life insurance company to transfer the financial risk of a premature death to the insurer in exchange for a specified amount of premium. Life Insurance Death Benefit Although the death benefit amount is determined by the insured, the insurer must determine… Read more: What is the purpose of life insurance?
What is the difference between a term life insurance policy and a whole life policy?
Term life insurance and whole life insurance are two common types of life insurance policies, and they differ in terms of their coverage duration, cost, features, and benefits. Here’s a breakdown of the key differences between the two: Term Life Insurance: Call Direct 1-800-308-9840 Permanent whole life insurance is more complex and tends to cost more… Read more: What is the difference between a term life insurance policy and a whole life policy?
What Is Living Benefits Life Insurance?
Living benefits life insurance is a type of life insurance policy that allows the policyholder to access some or all of the death benefit while they are still alive. This can be done through a variety of riders, such as: Call Direct 1-800-308-9840 Living benefits life insurance can be a valuable tool for people who are… Read more: What Is Living Benefits Life Insurance?
What is a Level Benefit Policy in life insurance?
Q) What is a Level Benefit Policy? A) A Level Benefit Policy provides full coverage on day one issue of the policy with no waiting. To qualify you do have to answer Some Health Questions on the application. However No Medical Exam is required. A Level Benefit Policy has the lowest and best rate from our carriers. We… Read more: What is a Level Benefit Policy in life insurance?