The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
(PRWEB) December 29, 2013
Online Insurance Marketplace has released a blog explaining the importance of no medical exam life insurance for people who have a serious medical condition!
No medical exam life insurance is available for people who suffer from a medical condition such as diabetes, ulcerous, heart disease and many more. Many people who have a pre-existing medical condition are not able to get coverage through a traditional plan. No medical exam life insurance offers many insurance opportunities for seniors and patients alike!
Unlike other life insurance plans, like term or whole life insurance, no medical exams life insurance policies do not ask for a medical examination. The underwriting process is simplified so that applicants can get coverage in less than 24 hours. In order to qualify for coverage, an applicant has to complete an application form and answer some medical questions. Depending on the plan, the number of questions may vary from 4 to 16.
There are several plans which do not require medical examinations and this are: simplified issue, guaranteed acceptance issue and final expense insurance. The last two plans offer permanent coverage, while simplified issue is a temporary policy. No medical exam life insurance plans are usually expensive and comparing quotes is very important for finding affordable premiums.
“Life insurance without medical examinations offer many possibilities for people who have a pre-existing medical condition. By comparing quotes, people can find affordable policies!” said Russell Rabichev, Marketing Director of Internet Marketing Company.
Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://noexamlifeinsurers.com!
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