Reader’s Question:

I have been all over Tulsa Oklahoma OK looking for cheap life insurance and most life insurance companied here would offer me term life insurance. Since I know these companies want to close a sale from me, I am certain they might not be too honest when it comes to this type’s features. Is there anyone out there who’d be kind enough to explain to me term life insurance options?

Justin

Tulsa, OK

Insurance companies in Oklahoma really know what they are here for…to close some sales and get everyone in OK insured!
With term Life insurance, you can enjoy greater peace of mind today knowing you’re helping protect your loved ones in Tulsa. You might be amazed that term life insurance can cover from $25,000 to $150,000 for adults ages 18 to 60 in Tulsa, Oklahoma.

Usually, term life insurance coverage equally to income-earning spouses, and there are strong arguments for acquiring life insurance for a partner who is not drawing an income as well. For example, if one loses a stay-at-home spouse can lead to dramatically increased child-care costs, time away from work for the surviving spouse, final expenses, the settling of outstanding debts, and these are just the financial aspects of such a serious loss. The rule of thumb is to get at least 50 percent of the term life coverage for a stay-at-home spouse as for the primary breadwinner when it comes to term life insurance coverage in OK.

All of the term life insurance policies for most companies in Oklahoma are convertible to permanent insurance, also called whole life or universal life insurance, at various times during the term of the policy. This conversion takes place without you having to take another medical exam or reapply in Tulsa, no matter what may have changed in your health. This option provides reassurance and flexibility should your health or insurance needs change after your original purchase through any life insurance company in Tulsa, Oklahoma.

Tags: health insurance, permanent insurance, term life insurance, term policy, whole life insurance

Reader’s Question:

I have an active life insurance with a term that would end 5 years from now. I remember I went through and thorough medical exam and underwriting process before I was given coverage. Two days ago, I read an advertisement on a local daily in Oklahoma that there’s such thing as NO EXAM LIFE INSURANCE. It sounds fishy, but is this true?

Andrea

Oklahoma City, OK

Hi there, Andrea!

It’s a good thing that you asked me this. I really get a lot of questions about No Exam life insurance…and most say, it sounds crazy!

For those who are used to have the traditional type of life insurance, you might question the authenticity of life insurance without any medical exam. You might be surprised if I tell you that there is such thing as no exam life insurance. The catch here is that, it will be faster and easier to get approved, but most will be a little pricey compared to your regular life insurance policy. Although, do not set your expectations too high, since even is there is no exam, there is no guarantee also if you will be given any coverage.

I’d like to inform you beforehand that the benefits for this type are generally limited to a lower amount because the premiums are higher for no exam life insurance policy. The good thing though is that people with medical conditions will get coverage, with relatively higher premiums than that of other life insurance types.

The process can be as simple as A, B, C. You will be asked to fill out a questionnaire, maybe over the phone or through internet. A lot are surprised to know that the results of no exam life insurance are also very instantaneous. After you submit your questionnaire, you will right away know whether or not you are qualified for coverage.

You can start looking for a reliable no exam life insurance in Oklahoma by entering your zip code on the relevant space in this page.
I hope I was able to help you with your insurance question. Goodluck!