My mom is 64 and doesn’t have any serious medical problems looking for the best no-waiting high policy thanks.
In my experience- from a broker- if she is healthy with no major or recent medical issues, I would recommend Mutual of Omaha, American Amicable, and Americo in that order for the best pricing.
There are a lot of good insurance companies out there. here are some of my top recommendations:
- Mutual of Omaha offers great pricing.
- SBLI includes funeral planning services with most policies at no extra cost.
- Aetna is excellent for addressing breathing and lung issues.
If your mom is paying for the insurance herself and she’s retired, many companies now offer social security billing. This can be crucial because if her payment date falls on a weekend or holiday, companies with social security billing will deduct it on the preceding Friday, ensuring she’s covered on time.
While your mom doesn’t have major health issues, some companies might have specific policies regarding certain conditions like diabetes, COPD, asthma, or minor heart and kidney issues. Choosing the right company can avoid potential waiting periods.
Work with a broker to navigate these details.
Best of luck, and it’s great you’re taking care of this ahead of time!
As a broker, I can say that Mutual of Omaha, American Amicable, and Americo are all great options if she is healthy and hasn’t had any major or recent health problems. They are listed in that order for best price to begin with.