(PRWEB) December 27, 2013
Online Insurance Marketplace has released a blog explaining how to get life insurance for seniors older than 65 years.
Seniors who are older than 65 years have limited options of getting life coverage. Due to their advanced age, few agencies are willing to sell them a plan. Most seniors can get life coverage through no medical exam life insurance plans such as guaranteed acceptance issue and last expense insurance. These plans offer a small value benefit which is best used to cover funeral expenses.
Last expense or burial life insurance is a small value plan which provides permanent coverage. This type of life insurance is available for seniors up to the age of 90 years. It offers a benefit with a value between 10,000 and 50,000, which can be enough to cover funeral expenses. In order to qualify for a plan, an applicant has to complete an application form and answer 4 questions concerning medical issues.
Life insurance no medical exam plans can be expensive. in order to find affordable premiums, seniors have to invest many hours into comparing quotes. Comparing quotes means looking at different offers and choosing the most advantageous one. There are many resources available online to guide people through this process.
Online Insurance Marketplace can help seniors older than 65 years find affordable life coverage by comparing quotes!