Reader’s Question:

Can I get no exam life insurance here in Evansville, Indiana since I have a medical condition?

Larry

Evansville, IN

Hi Larry

Interesting question. Usually life insurance companies are diligent in dealing with people with illness. This is because there is high risk of death for people that are sick and this is not good news for insurance companies. Depending on the kind of disease, or the extent of the disease, life insurance companies may disqualify the person from life insurance. Even if there is a company that still offers no exam life insurance in Evansville, Indiana, you may have to pay high premiums for it.

The best thing to do is to shop around for insurance companies that will qualify the person for life insurance. There are life insurance companies that offer products for a particular disease. For instance, there are life insurance products that are suitable for people with pre-conditions or heart diseases. The products and its corresponding premiums are designed for people with such cases. The internet is full of these sources and you can definitely find it helpful to start online. You just have to be sure that you pass the insurability interest requirement from life insurance companies.

You should be able to prove that you are solely dependent on the person’s existence. Otherwise, you as a paying person will not be allowed to be the policy holder of the life insurance for another person. To know more about separate policyholder and the insured, it may be helpful to ask assistance from life insurance adviser. It would be a complicated case, especially if we are talking about a sick insured person.

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