For so many years people seek of alternatives or options to provide additional financial support for our beloved family, a highly recommended solution is the instant term life insurance. This type of life insurance will surely aid the family should the insurer dies within the term. A certain amount in monetary fund will awarded to the beneficiary if she can provide a proof of death of the insurer. If the beneficiary is encountering problems with the proof, she can coordinate with the company to solve this discrepancy

Cheaper life insurance rates are the main reason why people get hold of an instant term life insurance. The rates do not change until the end of the term. Unlike in other types, there will be changes throughout the term. It may either go lower or higher depending on the market changes

In the event of an unfortunate death of the insurance policy holder during the term; instant term life insurance policy nominee gets the sum assured amount; If the insurer survives during the term; one cannot claim the insurance benefits as these instant term life insurance purely offer death benefits for the said period. On successful completion of the term; insurance company offers the insurer to renew his life insurance. One can take it for granted that the offer provided by the insurance is the best. On choosing the offer; policy holder will not be asked to undergo medical examination. If one declines the offer, he has the option to choose other life insurance policies

Please refer the below criteria’s that needs to be met to apply for an instant term life insurance:
-One of the primary criteria is life insurance applicants age, since issuance of policy to older applicants may prove risky to the insurance.
-Applicants should be hale and healthy to obtain affordable life insurance policy.
-Applicant’s life style is taken into consideration since people addicted to alcohol and smoking, are prone to more risks
-Applicant’s driving records are verified to confirm that they are not reckless drivers.
-Applicant’s work environment is verified to confirm that the applicant is not working in a hazardous condition as they are prone to risks

Terms and condtions of any term life insurance policy indicates that the insurants will be subjected to medical examination. Insurant has to substantiate that he is hale and healthy to seek for a life insurance in the form of a medical certificate. If the insurant is unable to produce a medical certificate or fails the medical examination conducted by the insurance company, he will not be eligible for instant term life insurance. However on such occasions, life insurance company will offer the life insurance applicant an exclusive different plan; namely life insurance no exam. Applicants, who did not qualify the medical requirements laid out in the life insurance company policies, can avail the life insurance no exam policy. Thus in order to complete the transaction, all that one needs to do is the submission of the required documents if any and initial charges

Insurers who have been granted a life insurance no exam shall be responsible to pay its monthly charges. This type of life insurance is a bit higher than the term life, so the insurer should have plenty of resources to compensate the charges. If, for some unavoidable circumstances, the insurer fails to pay the monthly charges, he will be penalized. The penalty is normally very minimal and can be afforded; but this is an unnecessary expense. This should be avoided

Insurers are encouraged to pay on the specified date of payment to prevent them from paying any penalty. If they continue do this, the chosen insurance which was based on his monthly income will no longer be known as affordable. Being responsible also makes the life insurance cheaper

A lot of working people don’t have time to apply for a life insurance even though they wanted to. They will never know exactly what are the good benefits it can do for themselves and for their families. A good advice for these people is to get the professional services of a life insurance agent. This individual can handle any kind of situation that he may encounter during the processing. The good thing about a professional agent is that he will find ways to get the application its approval

Think of the benefits of the life insurance no exam and instant term life insurance. This will greatly appreciated if you get to hold one. There is nothing more important than preparing for the future of our dear family should the inevitable time occurs

About the author

Article by David Livingston of, a website with the best term life insurance cost and low cost term life insurance information in the country.