If you’re a single person with no dependents, you probably don’t need life insurance — at least not yet. Financial experts recommend life insurance particularly for people who financially support either a spouse, children, or other relatives. That means people other than themselves rely on their income to live.

What happens to my house if I die without life insurance?

If you die without life insurance, then your family, or those managing your estate, may be forced to sell the property to pay back the debt to the mortgage lender.

Can a person die with no life insurance?

Dying with no life insurance is no laughing matter. However, you need to consider how much coverage you can afford and not jump at the first company advertising final expense or burial insurance. At TermLife2Go we work with the top life insurance companies, the best no medical exam companies, and the best final expense companies.

How much does no medical life insurance cover?

Coverage up to $750,000 for No Medical & Simplified Issue Life Insurance plans. We do not ask if you’ve been declined life insurance in the past, nor do you need to go for a medical exam. This means total convenience, enabling you to get protected no matter your health condition or if you require coverage quickly.

Can you get whole life insurance without a medical exam?

Whole life insurance policies without a medical exam should only be bought as a last resort. There’s almost always a better choice in terms of cost and coverage, but for applicants who are too old or too unhealthy to qualify for another type of insurance, it can provide them with much-needed coverage.

Are there any companies that offer no exam life insurance?

Founded in the early 1900s, Lincoln Financial is an A+ (Superior) rated company that is ranked in the Fortune 250 list of companies. Lincoln is one of the few companies that offer no exam term life insurance with approval times within two weeks of completing a telephone interview.