Life Insurance for Parents with No Exams
Can I Buy Life Insurance with No Exams for My Parents?
Yes, there are no exam life insurance policies available for senior citizens, and adult children may purchase life insurance for their parents.
Whether your parents are in the 50's, 60's, 70’s, or even over 80 years old, you may be able to buy life insurance for them, without any exams needed.
You can purchase life insurance on both of your parents. And, you can get started by applying quickly and easily today with an "A+" rated life insurance carrier.
Which Insurance Companies Offer Policies without any Exams for Your Parents?
There are several highly-rated insurers offering no exam plans for seniors. Among the leaders of life insurance plans for senior parents are Mutual of Omaha, MetLife and Colonial Penn.
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.
- Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee
Why Should I Buy Life Insurance for My Parents?
Many adult children buy life insurance coverage on their parents to help with the cost of their parent's final expenses, including funeral and burial costs.
If you buy life insurance on your parents you can name yourself as beneficiary of their life insurance policies.
And, you can use money from the life insurance policies to help pay for your parent’s burial, funeral, casket, memorial service and other final expenses.
In order to buy life insurance on another person you are required to have an "Insurable Interest" in the person you want to insure.
Insurable Interest exists between parents and their children, spouses, family members, and business partners, among others.
Basically, insurable interest means you stand to lose financially if the person you wish to insure dies, or you rely on that person for some means of financial support.
Since insurable interest does exist between parents and their children - YES you can buy life insurance on your parents.
In order to purchase life insurance coverage on your parent or parents, you may or may not need the following:
- Your parent’s permission.
- Your parent’s signature on the application for life insurance.
- Your parent may need to answer some health questions.
However, there are some life insurance companies that may allow you to buy life insurance on your parent without your parent's knowledge.
No Exam Senior Life Insurance for Your Parents
There are several benefits to purchasing life insurance without exams for your parents, including the following:
- No Physical Exam Required
- No Health Questions Asked
- Guaranteed Acceptance for Ages 45-85 (50-75 in NY)
Benefits of No Exam Life Insurance for Seniors
With no exam life insurance, your parents won’t have to deal with the hassle of a doctor’s visit, blood and/or urine testing, or the stress of waiting to find out if they are accepted for coverage.
Guaranteed Issue no exam plans make it quick and easy for you to get the life insurance protection your parents need without any delays or hassles.
You can start by requesting a free quote for each of your parents through Mutual of Omaha, which is rated A+ Superior for financial strength by AM Best Company.
Your parents’ life insurance through Mutual of Omaha comes with a 30-day risk-free, money-back guarantee.
Whole Life Guaranteed Insurance Provides the Following:
- From $2,000 up to $25,000 of Life Insurance Protection
- Guaranteed Approval for People Age 45 to 85 (50-75 in NY)
- No Medical Exam and No Health Questions Asked
- No Decrease in Life Insurance Benefits
- No Increase in Premiums
- Builds Cash Value You Can Borrow Against
About Mutual of Omaha Life Insurance Company
Mutual of Omaha has been issuing life insurance policies in America since 1909.
Mutual of Omaha Life Insurance Company is rated "A+" (Superior) by A.M. Best Company for financial strength and ability to meet ongoing obligations to policyholders.
There is no better time than now to help secure the future for your loved ones.
No Exam Life Insurance Quotes for Your Parents
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.
- Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee
Highly Recommended – Met Life
MetLife offers guaranteed issue life insurance for people age 45 to 75. Choose $2,500 up to $20,000 of coverage. Rates start as low as $10 per month. There’s no medical exam and no health questions. You cannot be turned down.
Buying Life Insurance for Your Adult Children
Life Insurance for Parents Age 50 to 85
Life Insurance for Parents No Exams
Disclosure: Compensated Affiliate