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Life Insurance No Medical Exam Plans Have Three Important Advantages For Seniors

(PRWEB) December 28, 2013

Online Insurance Marketplace has released a new blog presenting 3 important advantages life insurance without medical examination has for seniors.

Life insurance no medical exam plans can provide numerous advantages for seniors who need coverage. Seniors may want to buy a policy in order to cover last expenses like funeral costs. Life insurance can also be used as a financial safety net so that dependent family members are not left without income support if the provider passes away.

Life insurance no medical exam policies are accessible for seniors and some plans can be purchased even after 65 years. The main advantage of these plans is the underwriting process which is simplified. In order to be eligible for coverage, applicants have to answer “no” to a series of medical questions. Although convenient, these plans have a downside too. They are expensive policies which offer limited coverage.

Because of the high price of premiums, seniors have to search and compare many quotes before choosing a policy. Shopping for insurance, as it is called, is an important part of getting life coverage. Getting quotes is simple and seniors can do it online. Since no medical exam life insurance plans do not require medical examinations a policy can be issued in less than 24 hours.

“Seniors have many advantages by purchasing a life insurance no medical exams needed policy. It is one of the easiest and fastest ways of getting life coverage!” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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