How to Buy a $5,000 Life Insurance Policy
Are You Looking to Buy a $5,000 Life Insurance Policy?
If so, you’ve come to the right place.
Today, it’s quicker and easier than ever before to get the life insurance you need, without the delays or hassles of traditional life insurance policies.
Whether you need $5,000 of insurance to leave money to your loved ones, to pay off your debts, or to cover the cost of your medical bills, or final expenses including your burial and funeral, or cremation cost, you can get the life insurance you need.
Guaranteed life insurance provides you with the coverage you need at an affordable price, and you don’t have to take any health exam, or answer any health questions.
You may choose from $3,000 up to $25,000 of life insurance with guaranteed approval for adults age 45 to 85.
What Does Guaranteed Approval Mean?
It means you cannot be denied coverage due to any health issue you already have.
And, once you begin your insurance your premium will never go up, and the amount of life insurance provided by your policy will never go down.
Even if you develop a health problem after you start your life insurance plan, the insurance company cannot cancel your coverage due to a change in your health.
Only you can cancel the policy by contacting the insurer and requesting cancellation of your policy, or you may choose to stop paying your premiums.
$5,000 Guaranteed Life Insurance Policy Features
Guaranteed life insurance is a form of permanent life insurance coverage with premiums that remain level for your entire lifetime.
The death benefit provided by your policy is a "Graded Benefit" which means you won’t have 100% full coverage until after you have been insured for two years.
Common Features of a $5,000 Policy:
How Do I Qualify for a Policy?
Unlike a traditional life insurance policy, there is no physical exam needed and no health questions asked.
You simply fill out an application for coverage and choose your beneficiary who will receive the proceeds from your insurance policy.
Pricing for $5,000 of Coverage
What Does It Cost to Buy a Life Insurance Plan with $5,000 of Protection?
The price depends on your current age, gender, and the insurance company.
If you have any health issues, then a guaranteed policy may be your best option.
You can get a free quote today to find out how affordable it can be to get the insurance you need.
Which Insurers Offer $5,000 of Life Insurance?
Some of the leading providers of small life insurance policies include Mutual of Omaha, Globe Life, Colonial Penn and Met Life, among others.
Life Insurance Quotes
Top Pick – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.
Globe Life Insurance for Seniors
Disclosure: Compensated Affiliate