When constructing your overall financial plan, life insurance can play a key role. That is because the proceeds from life insurance may be used for a wide variety of purposes by your survivors, such as paying off debt, continuing the payment of their living expenses, and / or for your funeral and other final expense costs.
While being approved for life insurance may be easy for some people, if you have a pre-existing health condition it can be a bit more difficult. This is because there are certain conditions that may impact your life expectancy – which can make it riskier for an insurance company to approve you for coverage. This can often be the case after you have been diagnosed with lung cancer.
Maybe you have another condition such as bipolar disorder and wondering if you would qualify for life insurance or you’re looking for high cholesterol life insurance. We can guide you in this process and help you to obtain the coverage you deserve.
This article is going to look at some of the problems that you may run into and the questions that the insurance companies are going to ask when you apply for life insurance. Hopefully, this article will give you all of the information that you need to give your family the insurance protection that they need.