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Yes. It is a guaranteed issue policy so therefor you cannot be turned down. Also depending on the condition you may be able to still obtain a regular fully underwritten policy. You should speak with a knowledgeable broker that handles both rather than just blindly applying for insurance.
What else can I help you with?
Can you buy life insurance for terminally ill people?
No, you can't buy life insurance for terminally ill people. Life insurance policies will only pay a death benefit if the insured person does not die of a condition that already existed (known as a pre-existing condition) at the time the policy is first purchased. So, while it would be possible to lie to the insurance company and claim that the person buying the insurance is perfectly healthy, and not all insurance policies require a medical examination, it is still true that when the person dies, the insurance company will investigate and will discover that the death resulted from a pre-existing condition, and therefore the insurance is not valid. (They will return the premiums paid, however.)
Life insurance agent?
A life insurance agent is the person who knows about the various life insurance policies and explains them to potential clients. The agent is the person who sells you life insurance.
Can I get a 25 year term life insurance policy for someone who has a pre-existing medical condition?
Yes, unless your health condition is expected to be fatal in the next few years. However, if the condition shortens life span, your insurance rate will be higher. You could also consider life insurance through work or a mortgage payoff life insurance, which you can qualify for even if term life insurance is out of reach.
What are Life insurance premiums based on?
Life insurance premiums are based on mortality tables, which predict how long a person of any given age. sex and physical condition will live. These predictions are based on the history of people in the past.
Can a person who is in state prison and has a low probability of outliving his sentence get life insurance coverage?
A person can get life insurance NO matter where that person is ... it is up to the insurer to issue the insurance on the person more then likely the insurance company will not insure said person ...
Can a person with cancer get mortgage life insurance?
Yes. Mortgage insurance is generally term life but in this case you would buy a guaranteed issue whole life. Because of your condition you would be limited to $50,000 but the old adage is "something is better than nothing".
Do you have to pay back life insurance if the missing person is found?
No, you do not have to pay back life insurance if a missing person is found.
Is life insurance a scam?
Life insurance is not a scam. There are benefits and drawbacks to having life insurance, it simple depends on the person's needs.
What kind of insurance does Banner Life Insurance offer?
Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.
Who pays for the funeral if the person has life insurance?
The insurance company.
Can a person with bipoloar disorder get life insurance?
Yes. Life insurance qualifications focus on the applicant's ability to breathe. So someone with asthma or sleep apnia might have more difficulty qualifying for life insurance than a person who simply has mood swings. I am not trying to minimize the bi-polar condition by referring to it as "mood swings". I am trying to illustrate how the underwriter looks at these conditions.
What is get a life?
a phrase told to a person from another person that they need to be more exciting or to stop being like them
