It’s a pity to know and see that someone in one’s family is
suffering from Alzheimer’s disease as he gets older. However, everyone has to accept the fact that
most of those people who are already in their over-the-hill age can be affected
by Alzheimer’s disease. Not only it can compromise that specific individual but
it can also affect other people as well especially those around him like the
members of his family and even his community.
A person with this kind of degenerative disease that attacks the central
nervous system will always be in danger.
That’s why, some people who have senior citizens amongst them would try
to get a whole life insurance so that that person can be insured. In case something happens to that person, he
won’t have any problem in looking for financial resources for emergency
situations. But, the truth is, if a person is already older and is an
Alzheimer’s disease sufferer, no life insurance provider will approve his
application. If they do, the premium cost would be as high as the sky. But there are some who have found out an
alternative. Instead of looking for whole life insurance quotes, they looked
for instant life insurance quotes and they are happy with what they have
learned.
What they are actually looking at are quotes for term life
insurance. That means to say that they instead
of deciding to buy traditional whole life insurance for someone in their family
who is already in his over-the-hill age and has Alzheimer’s disease, they
decided that term life insurance of “instant life insurance” is the best
alternative and there are many factors that can say this is the best
alternative.
For one, when they look at these instant life insurance
quotes online, they have found out that the premium cost of term life insurance
is almost half lower than that of a whole life insurance policy. That’s because the term life insurance can
only insure a person for a specific span of time as indicated on the term or
instant life insurance contract. They can choose from as low as five year term
to as high as thirty year term. Since the person to be insured is already 65
years old, they have chosen a five-year term life insurance for him. They even have applied for it online and that
means that it is easier and more convenient to apply for term life insurance.
Another factor is there are no physical and/or medical
examinations involved. The would-be
policy holder will just have to answer a few health questions to determine the
cost of his instant life insurance and will be based on the instant life
insurance quotes posted online. If the
term expires and the person is still around, they can renew his policy with no
questions asked.
