No Exam Term Life Insurance

» No medical exam
» Just answer a few health questions
» Same day coverage if approved
» No Blood Draw - No Needle Stick
» 10, 15, 20, or 30 year term insurance.
» Get coverage online, or by phone

Smokers Life Insurance

A look at the impact that smoking has on life insurance rates. We can help you find the lowest cost life insurance.

» Smokers Life Insurance Quote

Higher Risk Life Insurance

Just because you may be considered “higher risk” does not mean that you should be denied life insurance.

» High Risk Life Insurance

Senior Life Insurance

Find out more information on Senior Life Insurance, sometimes referred to as Final Expense Life Insurance

» Senior Life Insurance

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Florida Life Insurance

Life insurance serves as one of the most important types of insurance you could ever purchase. No matter what your age or situation in life, having proper life insurance guarantees financial freedom and peace of mind for your beneficiaries in the event of your death. You may think that you are too young, old, healthy or ill to purchase life insurance; however, life insurance is important at any stage in life. It is no wonder, then, that life insurance advertisements abound on television, magazines and billboards. It’s much more than life insurance companies competing for business. Rather, it’s because life insurance allows you to provide for those individuals in your life who mean the most to you

Life Insurance History

Life insurance has existed for hundreds of years, with its earliest history beginning in Rome. Here, unique “burial” clubs provided financial support for funeral expenses and family members of the deceased. The first life insurance companies emerged in the United States in the mid-1700s. Ever since, the life insurance industry has grown tremendously with much standardization put in place through regulators such as the National Association of Insurance Commissioners.

Life Insurance Types

Generally speaking, life insurance involves three parties: the insured, the beneficiaries and the insurance company. Upon the death of the insured, the beneficiaries receive the policy’s payout from the insurance company.

Life insurance companies offer individual and group life insurance policies, meaning that you can purchase plans on your own or under your employer. Additionally, life insurance falls under two general categories: temporary and permanent.

Types of life insurance include:

Florida Term Life Insurance

Term life insurance in Florida is temporary coverage designed to cover you for a specified period of time ranging from 1 - 30 years. Unlike permanent life insurance, term life insurance typically does not accumulate any cash value, or savings. This means that if the insured is still alive at the end of the policy period, nothing is paid. Term life insurance is typically purchased at five year intervals and may be renewed or converted, depending on the particular policy.

Florida Whole Life Insurance

Whole life insurance is permanent coverage for the entire life of the insured. In a whole life insurance policy, premium rates remain consistent. Additionally, whole life insurance policies accumulate cash value. The actual amount of this cash value depends on several factors including how long the whole life insurance policy was in force and its face amount.

Florida Universal Life Insurance

Universal life insurance is a type of permanent life insurance that offers coverage for an insured’s entire life. It differs from whole life insurance because its premiums, death benefits and face amounts are flexible within limits established by the insurance carrier. If approved by the insurance company, a universal life insurance policyholder can even change these amounts throughout the time the policy is in force.

Guaranteed Issue Life Insurance

Guaranteed issue life insurance in Florida is temporary or permanent life insurance that does not base its coverage on medical history, medical examinations, gender or age. Because it does not focus on any particular or personal factors, guaranteed issue life insurance typically comes with higher premiums compared to other types of life insurance.

High Risk Life Insurance In Florida

High risk life insurance in Florida can be either temporary (term life) or permanent life insurance (whole life or universal life). It is coverage for designed for individuals with long-lasting illnesses or diseases like cancer, depression, heart disease, diabetes, or hypertension. It also is for individuals who may be employed in hazardous occupations such as coal mining or racecar driving or those who participate in dangerous activities like scuba diving, rock climbing or bungee jumping. High risk life insurance also considers individuals who consume alcohol or use tobacco products. High risk life insurance generally requires a medical examination. Also, it may be accompanied by higher premiums depending on the severity of the “high risk” factor.

Life Insurance No Medical Exam

Life insurance with no medical exam is temporary (term life) or permanent life insurance (whole life) that qualifies individuals for coverage without a medical examination. These types of policies generally take less time to obtain and are sought after by individuals who may otherwise not be insurable. Depending on the particular plan, life insurance with no medical exam policies typically ask a series of medical questions that may affect premium rates or insurability. Premium rates for these types of plans are generally a little higher than their counter part that requires a medical exam.

Senior Life Insurance

Senior life insurance in Florida is temporary or permanent life insurance that caters to the mature market, typically assessed as individuals over the age of 50. These types of policies are generally purchased to cover final expenses such as funeral costs, estate taxes and financial support for a spouse or family.

For More Information
With over 25 years of experience in the life insurance industry, NISONA can help you find the best coverage for you, your family or your employees. Let our highly-knowledgeable agents guide you as you determine which type of life insurance works best for you. We specialize in term, whole life, senior life, life insurance no medical exam, guaranteed issue and high risk life insurance policies. Please call us today at 888-564-7662 for a free, no-obligation consultation.