If you are a senior, it’s important to understand something about senior life insurance quotes. Like all life insurance quotes, a senior life insurance quote is not guaranteed (unless it’s a guaranteed issue product; but most policies are not). When you receive your quote, you should know that there is a chance the quoted rate will change after the underwriting process has taken place. If you want to make sure your quote doesn’t change, then you need to make sure you have a life insurance agent that is very familiar with all of the underwriting guidelines of the companies that he works with. Even then, health issues may come up during underwriting that he or she couldn’t have known about. But the more well-versed your agent is, the more likely your quoted senior life insurance rates won’t change.
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December 12th, 2008 at 7:51 am
Another option for seniors is senior no exam life insurance that offers a simplified life insurance application process without any physical exam.
In fact, people age 78 and under may be able to qualify for life insurance coverage online. Some carriers, like Colonial Penn, Stonebridge Life and Globe Life, offer these types of simplified life insurance plans for seniors.