Buying $10,000 or Less of Life Insurance

Can I buy a life insurance policy with $10,000 or less of life insurance coverage?

Well, most life insurance plans that are term life insurance have a minimum amount of life insurance of either $25,000 or $50,000.

In addition, most permanent life insurance plans have a minimum of amount of $25,000 of coverage.

However, there are simplified issue term life insurance plans that offer as little as $25,000 of coverage.

And, some “guaranteed acceptance” permanent life insurance policies offer as little as $2,500 of life insurance protection.

These lower amount life insurance plans usually have no health exam required, but there may be some health questions asked on the application for coverage.

You may apply online for lower amounts of life insurance without an exam.

Here’s how to buy $10,000 of life insurance (or less).

 

 

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About termlifeonline
Thanks for visiting my blog. I write for several insurance blogs and for Term Life Online. I have more than 20 years of insurance experience.

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