Life Insurance for Seniors: less paperwork and no medical examination

When most people think of purchasing life insurance, they think of a long drawn out process that involves a lot of paperwork, medical exams and even more paperwork. What many may not realize is that there are policies that allow you to get life insurance without going through all that work and a medical examination. Many companies are now starting offer senior life insurance. Senior life insurance allows older individuals to discover that they and their families can benefit from the right type of insurance.

While it is ideal to apply for life insurance at a young age, many individuals find themselves needing life insurance as seniors. If you are a senior and you need life insurance, there are senior life insurance plans that are designed just for you.

Many people believe that once they hit 55, there is no way that they will find a life insurer that is willing to approve them. This could not be further from the truth. In actuality, there is an entire market for seniors.

Life insurance policies that cater to seniors are designed for individuals who are between the ages of 50 and 89 years old, depending in which State you live.

Most insurers do not require seniors to qualify for a medical exam when applying for this specialty policy. Another great feature is that insurers offering senior plans will not cancel the policy because you are growing older or you fall ill.

Be weary of some companies and their marketing:

Don’t buy life insurance if the price seems to good to be true. You can not buy affordable life insurance for one dollar. If you see an ad for one dollar buys you $50K of coverage, read the fine print. Globe Life Insurance sells life insurance where the rates increase every five years, they also sell level benefit but make sure you read the fine print. Other companies like Monumental Life Insurance, Fidelity Life Association, Colonial Penn, AARP, NYLAARP, and others sell insurance without an exam and or offer accident only policy or term policies where the rates will increase after the first year or two or five. The key to finding the best deal is to compare multiple companies.

THE BEST WAY TO FIND A LIFE INSURANCE POLICY FOR SENIORS IS THROUGH AN INDEPENDENT FINANCIAL ADVISOR. HE WILL SHOP THE BEST POLICY FOR YOU WITH THE BEST COST AND BENEFIT.

Mintco Financial Team of Independent Financial advisors will help you get the best quote and policy.

Mintco Financial is a leading company in the seniors life insurance and is an independent company meaning they will shop through many carriers and choose the best cost/benefit policy for you.

Call at 813-964-7100 or visit the website at http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/

How to get Life Insurance with pre existing conditions

Fortunately, for many who live with pre-existing health conditions, many ailments are no longer a barrier to obtaining affordable life insurance.

Americans need to know that, by having well-controlled medical conditions, they may very well be eligible for preferred rates on life insurance.

Medical advances and wellness programs have made it possible for many Americans to manage chronic conditions while the insurance industry has developed increasingly sophisticated underwriting practices to provide preferred rates to those that have well-managed conditions such as asthma, anxiety, and high blood pressure.

For adults with conditions such as anxiety, asthma, depression, high cholesterol and sleep apnea, life insurance can still be an affordable part of their overall financial plan, especially if they are actively taking steps to manage their condition

With most medical conditions, getting quotes from several companies should be your first step. Your condition might not be as serious, from the insurance perspective, as you think. Working with an independent financial advisor will be the best way to go. He will be able to shop many companies and find you a carrier and then give you the best quote.

If you are looking for Life Insurance and has a pre existing condition, contact Mintco Financial Team of Advisors. They make the  process of applying and buying life insurance as confortable as possible for you.

Call at 813-964-7100 or visit the websitehttp://www.mintcofinancial.com/quotes/term-life-insurance-quote/

Burial Insurance for seniors over 80 years old

Do you know someone elderly who has no life insurance benefits planned?

Most of us don't like to think about our own or for any loved one’s funeral, but no matter how much we ignore the inevitable, the truth is that when the time comes someone will be responsible for those expenses. The question is will it be our grieving loved ones like family members or friends who would pay the bill or would you plan ahead and take out funeral insurance to cover those costs so they'll have one less concern to worry about.

One of the best things about funeral insurance plans is that they are affordable and accessible to everyone. Funeral insurance premiums are payable monthly so as you could still pay the premiums even if you are on fixed income or low income, enrolling into a funeral insurance plan does not require a medical exam, so people in high risk categories, such as smokers, or with pre-existing medical conditions can still qualify however if you are healthy with very few health conditions which are under control with medication then we can assure you lowest possible premiums as we as an independent advisors shop around for you and assure you no one can do better than us.

Check our website for more info: www.MintcoFinancial.com

Even without these benefits, the reality is that funeral costs are constantly getting higher and most of our current life insurance, if we have any, simply is not enough to cover medical bills, existing debt, and burial or cremation expenses.

Funeral insurance provides security and shows those we love that we cared enough about them to plan ahead and to save them from the unnecessary stress of paying for our funeral. We offer you personalized and professional assistant with are experienced and caring licensed Life Insurance independent advisors.

Mintco Financial is a nationwide company and leading in Burial Insurance, thats why you will get the best cost for your money.

Call us today at 813-964-7100 and we will give a quote in 24 hours guaranteed!

Or fill the quote form and we will contact you:http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/

Life Insurance for Seniors over 70 years old

Life insurance for seniors over 70 is now a possibility for many elderly individuals living in the United States. If you’re old and gray and have not saved much during your younger years, this type of senior insurance coverage is very useful.

Don’t think that this is impossible? It’s very possible and if truth be told, many companies are specializing in the senior life insurance niche nowadays, unlike before when it was next to impossible to find an insurance carrier who would sell you a policy once you’re over the age of 70.

Buying life insurance for seniors over 70 becomes important as your age and health deteriorates and the inevitability of death becomes a grim reality. Most people buy senior life insurance to ensure that their loved ones don’t have to pay money out of their own pockets for your funeral expenses.

Many baby boomers and seniors who are 70 and older can get affordable life insurance coverage. Of course, your health history impacts the bottom line.

If you are in good health, lead an active lifestyle and don’t smoke, you have a better chance of getting affordable life insurance than if not.

What makes the most difference in getting affordable insurance is using an independent agent, who can help you find the right company to get the most best pricing possible.  The independent agent will know which company(s) will underwrite your application most favorably and therefore give you the best rating/pricing.  They should have an in house underwriter to be of assistance in getting you the best rating as well.


Just because you are 70 or older doesn’t mean you can’t get affordable life insurance.  It is especially important to go to the right carrier when you are applying for life insurance and you are 70 or older.

We recommend you to give us a call at 813-964-7100 or visit our website at http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/, we are an independent agents who have experience with Baby Boomers and seniors.  We can help you decide what type(s) of life insurance you need as well as help you get the best value for your money.

Mintco Financial Team is an independent financial advisory company. We work for you!

Call us today for a free quote 813-964-7100

We do insure seniors up to 89 years old.

I-Plan by Michael Minter: Get yours Today!

www.MintcoFinancial.com

Jessica Simpson Father Buys Life Insurance on her

Joe Simpson secretly took out a $4.5 million life insurance policy in daughter Jessica’s name with himself listed as the sole beneficiary, a source tells RadarOnline.com exclusively.

The policy was drafted around 8 years ago, the source says, and The Dukes Of Hazzard star and her mom Tina only found out about its existence last week.

Tina’s attorneys at Dunnam & Dunnam were made aware of the policy’s existence in a meeting with the Simpsons’ business manager, David Levin, and the source says that both Jessica and Tina are “furious” that Joe had done such a thing without the knowledge of either of them.

“Tina found out about yet another one of Joe’s secrets and couldn’t believe what she was hearing,” the source, who is close to the Simpson family, tells RadarOnline.com.

“It came out in a meeting with David and her attorneys last week that Joe set up a life insurance policy for Jessica 8 years ago that made him the sole beneficiary.

“It was pointed out to Tina that as Jessica’s manager Joe wasn’t doing anything underhanded by taking out a policy to protect his biggest income source, but she was absolutely furious that Joe did it without consulting her or Jessica.

So here it is the question:

Can I buy life insurance for someone else?

The simple answer is, “yes”. You are allowed to pay the premiums and collect the benefits on a life insurance policy that insures a life that is not your own. For example, many people have life insurance on their children. Another example is that companies sometimes buy life insurance on their key employees so that they can recover from the negative financial effect that losing that employee might cause.

There are two things that you need to consider. One, you are going to need to have the consent and participation of the person whose life is being insured. Two, you are going to need to provide a reason to the insurance company that you will be affected financially if the insured dies. The only exception to this is life insurance on children. Usually the parent of a minor can purchase life insurance on the child without any additional reasons. If you have nothing to lose from the death of the person, then you don’t really have an “insurable interest” and in such cases would only gain financially from the death of the insured. Just being a relative does not necessarily create an insurable interest. You will have to prove that you are somehow financially affected by the death of that particular relative.

Speak to a life insurance specialist at Mintco Financial to find out more on buying life insurance on someone else.


Need a Life Insurance Quote?

Call us at 813-964-7100 or get a quote:

http://www.mintcofinancial.com/quotes/whole-life-insurance-quote/

Who will have life insurance for someone over 80 years of age?

When the majority of people reach the age of 80 without having getting a lifestyle insurance coverage policy, they think that they have waited as well extended and can’t get an insurance company willing to sell them a policy. Luckily, this really is not the case. There’s life insurance for seniors more than 80 and up to 89.

 In fact, one can find extra options than a number of folks understand. The marketplace is full of firms which have packages for all people no matter what their circumstance is. As a matter of truth, you can find some organisations that specialize in selling insurance to those over 80.

Fortunately, many companies are starting to offer senior life insurance. Senior life insurance serves as a more affordable option for the elderly, and offers the benefits needed to protect one’s family in the case of one’s unfortunate death. With many policies for senior life insurance no exam is needed to purchase a plan. As such, one does not need to worry about pre-existing medical conditions impacting their senior life insurance premiums.

Life insurance for seniors has grown increasingly popular over the past decade for a very good reason. Whether you are looking to leave your children and grandchildren with one last gift, or simply do not want them to ever have to worry about your final expenses, senior life insurance will help keep you and your loved ones covered.

Mintco Financial is a leading company in Senior Life Insurance and has helped many seniors over 80 get Life Insurance.

Call us now at 813-964-7100 or fill the quote form and we will contact you!

Need a quote? http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/

mintcofinancial.com

Life Insurance for Seniors with pre-existing health conditions

 


If you have some pre-existing health conditions, and most seniors  do, then you can still get affordable rates for elderly life insurance at this age. Minor health concerns like high blood pressure, high cholesterol, and even type 2 diabetes that is controlled with medication, can usually qualify for standard rates. If you have some more serious health problems such as heart disease, cancer, or a history of stroke, then you could still qualify for a guaranteed issue life insurance policy. This type of policy has graded benefits, which means that the death benefit is not fully payable until after year 2, but it can still provide peace of mind if you've been turned down before.

If you have questions please call us at 813-964-7100 or visit our website atwww.MintcoFinancial.com 

 

Final Expense Insurance for seniors immigrants

by Alan Benedict

I had the pleasure of obtaining a final expense plan several years ago for Petelo Alailetaleula, a Samoan immigrant who had an interesting story about his culture.

Petelo was a charming, gentle giant, standing 6’1” and weighing 379 pounds, and he preferred people call him Peter. When I knocked on his door (final expense sales are most effective when you visit people instead of calling them on the phone), he was 62 years old, with high blood pressure and type 2 diabetes. He was concerned about his health and whether he could buy a simple, inexpensive life insurance plan. I assured him that with liberal underwriting, no medical exam and no home office specimen, he would get approved for a small final expense policy ranging from $3,000 to $25,000.

With his limited budget, we agreed that $10,000 would be sufficient. He had life insurance for funeral costs from his trade union, but his wish was, as is with many foreign nationals, to return to the country where he was born for his final resting place. Peter knew from previous Samoan passings in his Los Angeles community that shipping the body is extremely expensive, and he didn’t want to burden his family, friends and church members with these expenses.

Charges for transporting human remains (or HR in airline terms) are based on destination, the number of transfers required and different airlines needed, as well as the combined weight of the casket, body and air tray. It’s not uncommon to see international charges from the airlines ringing up at about $6,000.

Final expense policies can often solve the problems posed by these transport charges, and not just for Samoans.

My client and my friend, Peter died just three years after I placed his protection plan, but I’m glad to share that he’s back in Samoa, his homeland. His wishes were honored. Thanks to final expense, he had his final flight.

Are you an immigrant in the U.S and is thinking of Final Expense Insurance?

Call us for a free quote 813-964-7100 or fill the quote: http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/ 

We will be glad to assist you.

Burial Insurance and Letter of Wishes

 
"I have life insurance through the company I work for as well as private life insurance through 2 different companies.
I got the whole life policy almost 18 years ago and I will be finished contributing towards it in about a year. It will be something I will always have no matter if I stop working and don't have any other insurance. At least my family won't have to worry about burying me after I'm gone.
My mom had no insurance at all. I thought she did but she didn't. And when she died... her funeral cost had to be split among my family."

Do not be a burden to your family, get your Burial Insurance. We are a leading company in Burial Insurance.Give us a call 813-964-7100 or email us at http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/

Letter of Wishes


You may already have a will and a Power of Attorney or Living Will, but have you thought about who will handle important financial matters and what your wishes are in the event of your death?    I suggest that you write a letter to your family, typically addressed to your spouse (usually the executor of your will). You may also want to address the letter to your children, particularly if they are the primary beneficiaries of your estate. This letter is meant to provide assistance and guidance to your family regarding items not covered in your will. It will not change your will. Here are some points to cover in your letter:

1. Funeral and burial arrangements: Where, by whom, what kind, and at what cost?
 
2. Anatomical gifts: Identify the nature and location of any anatomical gift declarations you have made. 
 
3. Memorials and contributions: Identify what organizations or institutions might be appropriate recipients of memorials or charitable donations made in your memory.
 
4. Preparation of obituary: Should your obituary be prepared in advance and updated periodically? To which newspapers or websites should it be sent?
 
5. Notifications of friends, relatives, business associates, and colleagues in charitable or civic groups. Identify those persons to be contacted upon your death, noting any particular requests or messages to be given, and listing their current addresses and phone numbers.
 
6. Location of your safe-deposit box and its key.
 
7. Location of your will and estate planning documents: Include any trusts, buy/sell agreements, or extraneous writings incorporated in your will.
 
8. Medical and hospital coverages and location of the policies.
 
9. Social Security and Veterans Administration benefits: Identify current or potential benefits.
 
10. Life insurance: Indicate where policies are located and what steps should be taken to collect policy proceeds.
 
11. Location and explanation of title documents and other records relating to your assets. Include deeds, stocks, bonds, bank accounts and deposits, retirement plans, and vehicle titles.
 
12. Identify obligations involving periodic payments, such as your home mortgage, car loans, and other debts, including amount and to whom payable.
 
13. Identify your attorney and professional advisers (including your accountant, broker, trust officer, and insurance agent) who you currently use or recommend.
 
14. Key employees and business friends to keep business operating until sale. Remember, the value of an ongoing business is much greater than a closed one.