Life Insurance Policy For 500 000

A $500,000 whole life insurance policy offers permanent insurance coverage to protect you for the rest of your life. This is a key aspect for people who desire peace of mind in the long run. Whole life insurance offers a guaranteed death benefit, a guaranteed level premium, and guaranteed cash values.. The quickest way to find out what it would cost to purchase a $500,000 term life insurance policy is to get a free online life insurance quote. But to give you a ballpark, a healthy 35-year-old woman can purchase a 20-year, $500,000 term life insurance policy from Haven Life for about $21 per month.. A $500,000 life insurance policy is often enough for most middle class families. Remember, it's always better to be over-insured than under-insured. Prices of a $500K policy will vary according to the insured's person age, health status, risk factors, medical history, family history, etc.. For instance, if you were a 48-year old male living in Alaska, you could expect to pay somewhere between $1,240 a year for a 25-year term life policy with $500,000 coverage and $2,805 for the same policy and amount of coverage, depending on the insurance provider you choose..

A $500,000 life insurance no medical exam policy is easy to get. Especially when you know where to look. There are only a handful of life insurance companies which offer no exam life insurance policies. The main problem with many of these companies is that they have a limited benefit ceiling.. A $50000 life insurance policy may meet all of your needs. Your health history also matters a lot when you are applying for a life insurance policy, and in many cases you may be required to have a medical exam done as part of your application.. $500,000 - 1,000,000 Life Insurance Policies When purchasing life insurance it is important to determine how much life insurance coverage is needed. There are many reasons why people choose to buy a life insurance policy, the following are the most popualr reasons: to cover funeral costs, to setlle debts and obligations, and to protect the financial stability of their family..

Some look for term life insurance without a medical exam because they know they’re not in the best of health and might end up paying a higher rate as a result of the medical report. No-Exam Life Insurance Cons. The main downside of a no-exam life insurance policy is that it is more expensive than the usual life insurance coverage..