Yes, a quadriplegic may be able to purchase life insurance coverage.
There are some guaranteed issue life insurance policies which anyone may be able to qualify to buy. However, with guaranteed issue plans you are limited to how much life insurance coverage you can get, usually up to $30,000. Globe Life, Gerber and AARP/NewYork Life offer plans but you may have to meet their age requirements to qualify.
Your guaranteed life insurance policy will have restrictions on how much of a benefit is paid out in the first 2-3 years, and will be a more expensive policy than someone life insurance plans for people in good health.
In addition, Kemper, Mutual of Omaha, and United Home Life are a few of the other life insurance companies that may carry that kind of policy.
Learn more about guaranteed acceptance life insurance coverage.
There are some guaranteed issue life insurance policies which anyone may be able to qualify to buy. However, with guaranteed issue plans you are limited to how much life insurance coverage you can get, usually up to $30,000. Globe Life, Gerber and AARP/NewYork Life offer plans but you may have to meet their age requirements to qualify.
Your guaranteed life insurance policy will have restrictions on how much of a benefit is paid out in the first 2-3 years, and will be a more expensive policy than someone life insurance plans for people in good health.
In addition, Kemper, Mutual of Omaha, and United Home Life are a few of the other life insurance companies that may carry that kind of policy.
Learn more about guaranteed acceptance life insurance coverage.
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