Terminal illness quotes plus#

Providing you’re over 50 and become an AARP member, you can choose AARP’s Guaranteed Acceptance Life Insurance. Its life insurance policies are underwritten by the New York Life Insurance Company, which has an impressive A++ rating with AM Best, indicating superior financial stability. This may depend on the type of cancer diagnosed, time in remission, and other factors.ĪARP is a not-for-profit organization that aims to empower Americans over 50. People in remission should contact Mutual of Omaha to determine if they could qualify for other life insurance products. (Note that rates may vary by location.) This policy includes an Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider. For $25,000 in coverage, this is around $75 per month for a woman and $99 for a man.

Terminal illness quotes plus#

Sample premiums for every $1,000 in coverage for a non-tobacco using 50-year-old or woman the monthly policy increases by $4 and $3 respectively, plus an annual policy fee of $36. Your premium is based on your answer to some basic health questions including tobacco use, medications you take, any family history of significant conditions like cancer, diabetes, or heart disease, and whether you’ve been diagnosed with any similar health issues.

You can get both a quote and purchase your policy online. Living Promise policies may contain a graded benefit, meaning if you die during the first two years, your beneficiary will receive all premiums plus 10%. Its A+ (Superior) rating from AM Best speaks to its reliability.Ī streamlined underwriting process and products suitable for cancer survivors make it a worthy overall pick.Īn option for cancer patients ages 45 to 85 is the Living Promise policy, with coverage up to $25,000 and a medical exam is not needed. Mutual of Omaha has been serving clients since 1909 and currently offers a diverse range of offerings, including permanent and term life insurance.