Life Insurance No Medical Tests
Universal Life Insurance Company (Photo credit: Thomas Hawk)
In life, there are only two guarantees: death and taxes. Most people do not want to think about death, but it is inevitable and being prepared is the best way to help a person support their loved ones during a difficult time. Many people have heard about the importance of making a legal will, but life insurance is equally important. Everyone, no matter what stage of life they may be in, no matter if they are in optimal health or if they have a preexisting medical condition, needs life insurance. Life insurance with no medical test is available for everyone to get the life insurance coverage that is best for them and their family.
One segment of the population that tends to assume they do not need life insurance are young adults without dependents (children). After all, life insurance is about making sure that a person’s family, children and spouse, are financially prepared in case of that person’s death. If a person does not have dependents, they do not need life insurance, right? No! Life insurance is for everyone. Funeral costs have become increasingly expensive, placing unnecessary burdens and hardships on people who are entrenched in grief. Purchasing life insurance ensures that a person’s loved ones do not have to pay for funeral or memorial costs out of pockets. Whether a person has a clean bill of health or a preexisting medical condition, life insurance with no medical test is a quick, easy and often affordable way to obtain coverage. Without life insurance, remaining family members will have to cover the cost of outstanding medical care and bills. Life insurance provides peace of mind for everyone.
Life insurance helps cover funeral and memorial expenses.
Young adults who purchase life insurance can be confident they will not be leaving a financial burden on their family and loved ones, even if they are single and/or have no dependents. However there is another benefit for young adults to purchase life insurance – lower rates. Typically rates will be lower when purchasing life insurance for young adults, compared to purchasing life insurance at a later age and depending on the type of coverage you buy, you may be covered despite any illnesses or situations that come later in life. Of course even older adults, including those with a medical condition, can get coverage if they purchase life insurance that requires no medical test, but there is significant financial value in taking care of your insurance needs when you are young and healthy.
Life insurance with no medical test is often thought of for those with a pre-existing condition. However, if you are young and healthy and life insurance is the last thing on your mind, this coverage is a quick and easy make sure you are insured. So put it on your to-do list! It takes only a few moments – moments that can have a significant impact on your life later on – to obtain coverage. Don’t delay.
NoMedicalLifeInsurance.ca is committed to helping individuals, couples, and families meet their life insurance needs, no matter what stage of life they might be in. The expert team at No Medical Life Insurance specializes in helping anyone achieve the best rates for life insurance no medical test. For more information about how No Medical Life Insurance can assist you with your life insurance needs please visit www.NoMedicalLifeInsurance.ca
Category: Insurance, Life Insurance
