Are you hard to Insure?

Have you ever been refused Life Insurance in the past?

Why Do I need Life Insurance?

This should be the first question you ask. Life insurance is used to protect you or your family from a financial loss in the event that you die unexpectedly. There can be many types of financial needs at death, including:

• Final expenses, like funeral or cremation costs, lawyer’s fees and taxes
• Paying off any outstanding loans
• An emergency fund to tide your family over through a difficult time
• A fund to cover your children’s education
• A fund to replace your lost income
• If your family has any of these financial needs when you die, then life insurance can help.

Non-Medical Life Insurance is not just for the “hard to insure” market it also for the people who have been declined Life Insurance.

Non-Medical Life Insurance is for extreme lifestyles and people that don’t want needles – simple application, easy to understand coverage, great face amounts, and extremely competitive premiums.

I am a broker for all leading suppliers of No Medical & Simplified Issue Life Insurers in Canada.

No-Medical Life Insurance is focused on helping Canadians under a variety of circumstances get Life Insurance coverage. They do not require a doctor’s visit or a medical report for most plans. You simply answer a few easy “yes” or “no” health questions. Their goal is to make Life Insurance simple to understand and easy to purchase. Learn how affordable an Insurance Plan can be obtained today by simply calling toll free to Glenn at 1-888.256.8685 for a no-obligation, completely confidential quote.

We are contracted with all major insurers and have access to the largest selection of No-Medical Life Insurance Policies.

www.cuttherisk.com

glenn@cuttherisk.com

The post Declined Life Insurance! first appeared on Insurance - Disability, Estate, Critical Illness, Travel, Life - Glenn Stewart.

People today are living longer. Thanks to innovative diagnostics and medical treatments, it has now become the norm for people to be with more serious pre-existing health conditions to be enjoying a better quality of life, for many more years than in the past.

The good news is that there are some insurance companies that offer life insurance to people with pre-existing health conditions. For instance, health conditions such as those listed below are most likely insurable through Canada Protection Plan, Canada’s leading name in No Medical and Simplified Life Insurance:

Crohn’s/Colitis | Diabetes (Insulin) | Epilepsy | Heart Attack/Stroke | Lupus/Parkinson’s | Multiple Sclerosis | Sleep Apnea | Benign Tumors (Excluding benign brain tumors) | Blood Disorders | Depression/anxiety | History of Cancer (No reoccurrence and in remission for 3 years) | Schizophrenia/Bi-polar Disorder

If you are living with any of the conditions above, your main focus will be on maintaining or bettering your health. But at the same time, you will want to ensure that your family will be well taken care of financially. That’s where life insurance is vital. Know that there are insurance companies that could give you coverage. So do your homework and look into your options – don’t wait to be declined. And if you have been declined, you may still have an option to get coverage with a company like Canada Protection Plan.

Here’s something else important to bear in mind: insurance companies don’t merely look at the condition itself; they also look at its severity and how well you are managing it. Are you using medication consistently to keep it in check? Have you changed your diet and bumped up your exercise in an effort to maintain your health level? How much time has elapsed since your diagnosis and how long have you maintained your current health status? All this matters to an insurance provider considering your application, and could very well lead to lower premiums for you.

Also know that there are a variety of insurance plans, each offering different coverage amounts, terms and premiums. So be sure to contact Glenn Stewart a Trusted Insurance Advisor to determine which are the best options are available for you.

Finally, if you or someone you love suffers from one of these health conditions or illnesses, know that there are life insurance options out there that can provide security and peace of mind. You just need to know where to start.

Or view www.cuttherisk.com

The post Kitchener -Life Insurance with Pre-existing Health Condition first appeared on Insurance - Disability, Estate, Critical Illness, Travel, Life - Glenn Stewart.

Insuring an individual for life insurance is a planning consideration, regardless of age. Whether you are 80, 60, or 30, insurance is a very powerful financial tool. It can create a final expense pool of money to pay taxes, probate fees payable upon their death, cover funeral expenses or even leave a legacy.

“Life Insurance is one of the most efficient tools to help clients facilitate a seamless transfer of wealth”, says Glenn Stewart of Kitchener, Ont. “It’s a tax-free benefit that’s paid direct­ly to the beneficiaries to pay last expenses”.

• Probate fees and taxes to settle an estate
•  It can allow a person who is living on an annuity or pension for income in retirement to leave a guaranteed legacy for their kids without worrying about how much they’re spending and what will be left over in the end.
• In addition those who expect to face a steep tax bill upon their death, such as those who have a large sum of money tied up in a corporation or mutual funds, can use an insurance policy to pay those taxes.

“The cost of obtaining life insurance can be prohibitive at age 65,” Glenn says and life insurance should be considered only as part of a comprehensive review of a client’s financial situation, taking into account the possibility of unforeseen medical costs that could emerge as the client advances in age. I want people to afford the insurance policy — not just for a year, but the for the long term. If it doesn’t make sense, then I tell them it is not practical.

People who have the means to afford life insurance should not view the premiums as an expense, but compare the eventual payout of the policy with the total amount a client would pay in premiums, assuming he or she lives to life expectancy, you can demonstrate the potentially lucrative returns of an insurance policy. Then it’s not an expense; it’s an investment.”

call Glenn to discuss – 1.888.256.8685 or email glenn@cuttherisk.com 

The post Not too old for Life Insurance first appeared on Insurance - Disability, Estate, Critical Illness, Travel, Life - Glenn Stewart.