Can You Get Life Insurance With Poor Health or Terminal Illness?

Discovering that you have a chronic condition or a terminal illness can be life-changing. Receiving that news often comes with the desire to get your affairs in order so that your dependents and your spouse (if applicable) are able to get the financial support they need after your passing. One such policy that you may be interested in is life insurance. But can you get life insurance coverage when you’re in very poor health or when you’re expected to pass soon? Let’s examine the complexities of trying to get life insurance while in such health and how you can get the support you deserve from us here at Renee Oliver Insurance Agency Inc. in Silver Spring, MD when you’re seeking life insurance.

Is It Possible to Get Life Insurance When You’re in Poor Health or Have a Terminal Illness?

It’s important to know upfront that getting life insurance when you’re in poor health or have a terminal illness can be extremely difficult. That being said, it’s not impossible. One way to get life insurance is to forego the medical exam that is often required for life insurance. You may not get the exact policy you want this way, but it can help you get coverage. Another choice is funeral or final expense life insurance. These types of life insurance are designed to help your loved ones cover immediate costs resulting from your passing. Just make sure to temper your expectations, as you will likely have to pay higher premiums and receive lower death benefits when you are extremely ill.

Explore Your Options With Renee Oliver Insurance Agency

Dealing with a chronic illness or terminal illness and attempting to get life insurance can be challenging. Allow us to help you simplify the process. With Renee Oliver Insurance Agency Inc. in Silver Spring, MD, we’ll help you locate and compare plans to fit your unique circumstances best. Compare quotes with us now to get started!