In fact, the only option available may be limited to guaranteed life insurance plans which means you cannot be denied coverage unless you do not meet the age requirements for approval.
Some guaranteed plans offer approval for anyone ages 45 to 85; however, the age requirements may vary by insurance company.
With guaranteed issue plans there’s no doctor exam required and no questions asked about your health.
You may purchase up to $25,000 of coverage from some carriers, and you may be able to buy life insurance with guaranteed approval from more than one insurance company.
Some of the leading carriers of guaranteed life insurance include United of Omaha, Colonial Penn, Gerber, New York Life, Vantis Life and Met Life, among others.
Here’s how to learn more about guaranteed approval life insurance coverage.