Life Insurance Options After You Have a Health Issue
In our experience, we’ve found that many people look for life insurance coverage after they’ve had a health issue. For some who have suffered a major health impairment, it’s too late and they have become uninsurable. In other cases, life insurance is available but at a much higher rate and after a lengthy waiting period. Most people don’t think they need life insurance because they feel that they will never get sick or die at a young age. The fact is that it is important to lock in a lower life insurance rate when you’re young and healthy. Waiting to buy life insurance could have a catastrophic financial impact on your family. Here’s what you need to know about life insurance options after you have a health issues.