Is it possible to buy $1,000,000 of life insurance? Yes.
Can you qualify for $1,000,000 of life insurance? That depends.
Whether or not you can buy a million dollars of life insurance will depend on your age and health, as well as, other risk factors, such as, do you smoke, are you overweight, etc.
In addition, the amount of life insurance you already own will affect how much more you can purchase.
Also, the life insurance company will have their own set of underwriting guidelines which determine what type of applicant will qualify for $1,000,000.
The type of life insurance will impact how much it costs. Can you afford $1,000,000 of permanent life insurance? Maybe not. But you may be able to afford $1,000,000 of term life insurance, which is much cheaper.
One way to find out how much a million dollars of life insurance may cost you is to compare rates from several leading insurers to get an idea of what the cost will be and which insurer offers the best deal.
Here's how you can learn more about buying a million dollar life insurance policy and how to compare life insurance rates today.
Can you qualify for $1,000,000 of life insurance? That depends.
Whether or not you can buy a million dollars of life insurance will depend on your age and health, as well as, other risk factors, such as, do you smoke, are you overweight, etc.
In addition, the amount of life insurance you already own will affect how much more you can purchase.
Also, the life insurance company will have their own set of underwriting guidelines which determine what type of applicant will qualify for $1,000,000.
The type of life insurance will impact how much it costs. Can you afford $1,000,000 of permanent life insurance? Maybe not. But you may be able to afford $1,000,000 of term life insurance, which is much cheaper.
One way to find out how much a million dollars of life insurance may cost you is to compare rates from several leading insurers to get an idea of what the cost will be and which insurer offers the best deal.
Here's how you can learn more about buying a million dollar life insurance policy and how to compare life insurance rates today.
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