Life Insurance for Seniors While in the Hospital

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  • Post last modified:November 7, 2018

It is advisable to purchase life insurance policies when you are young and in the best state of health. But at times, due to prevailing circumstances, we delay the decision of buying an insurance policy. There have been various incidences when people have asked for a life insurance policy for their senior parents while in the hospital!

Well, you must be inquisitive to know that whether it is possible to get life insurance plan for seniors while they are admitted to the hospital?

Yes, why not! Although there are terms and conditions when your health is not in a normal state and age is defying numbers. But you can certainly buy a life insurance policy during that state of life too.

Health Report is Crucial

As you read the article, you will be able to attain sufficient knowledge on what all factors are the insurance companies going to consider when you express interest in buying an insurance policy.

Health is no doubt their most important aspect that will be considered in general conditions. Nevertheless, while being in hospital raises several others clauses as well!

There is no denial of the fact that poor health is going to ask for justification and you may have to present the diagnosis and reports of your treatment to the company. But that does not restrict you from buying an insurance policy at all.

What Kind of Policies Can One Avail for Seniors who are Admitted to the Hospital?

In general, if you are young and ill, you should wait until recovery so that you can buy a standard life insurance policy. Your reports of recovery will help in ascertaining the insurance company about your health and life longevity which is the prime concern of these firms.

However in this case, as we are talking about the health of “seniors”, it may be difficult to avail of a standard life insurance policy ESPECIALLY while they are admitted into a hospital.

Is No Exam Life Insurance a Good Option?

Frankly speaking, “No Medical Exam” insurance policy is a good option when you don’t have any other option. As the name suggests- one can avail this insurance policy without giving any medical examination.

The second advantage of this policy is that there is no or very little waiting period as there are no documents that need to be processed further. One just needs to go and buy the policy without suffering any delay.

However, we must tell our readers that they should think twice under given circumstances if they want to buy a no exam policy. This is because the “no medical exam, no waiting period” policy is quite expensive.

Therefore, if you are looking for a cost-effective option you must specify the CAUSE of being in the hospital.

There are very few insurers who offer low-cost plans without a medical exam, check quotes here.

keep medical reports handy

Basic Policy and Rejection

In most of the cases the rejection of standard policy application happens when people suffer from following ailments majorly:

–    Damage to internal organs such as liver, kidney etc due to smoking, drugs or alcohol

–    Problems related to high or low cholesterol

–    A severe condition of diabetes or obesity

–    Suffering from chronic illness

–    Any other form of a life-threatening disease

If you are admitted for general conditions such as injury, ENT disorder, skin problems etc- then you may definitely apply for standard life insurance policies applicable for seniors in your region.

These above-mentioned conditions are stern and can be responsible for shortening the lifespan of the patient. Life insurance policies are designed in such a way that they dwell on the risk of the lifespan of the policyholder.

Therefore, an applicant with a higher rate of having a critical illness may not be considered while a healthy person always has a good probability to become a customer of insurance companies.

How to Find an Optimal Policy for Seniors While Being in the Hospital?

As we have mentioned above in the article that being unwell is not the criterion of getting disqualified for a life insurance policy, however, the age may be a factor in consideration. We have a few suggestions that will help you in finding the most suitable policy in such condition:

Gather Information

Information is accessible from anywhere to everywhere with the help of internet. So, even if you are in the hospital, spend some time gathering important information pertaining to the insurance policies available in your state.

Knowledge empowers you with all the market instruments and will give you an idea of what to expect and how much insurance amount you can avail in every condition. It will also help you in deciding which company offers the most suitable insurance plan as per your needs.

Get in Touch with Expert

The easiest way to contact an experienced and trusted agent is to ask your acquaintances for recommendations. It is important to contact an agent who has the knowledge of best plans for various social categories and who can help you in availing any policy without any hassle. We recommend trying our quotes service first.

Specify Your Needs

One more step that you need to add to your homework is that you must specify your needs before buying the policy. After doing research, enlist the points that you want to cover in your policy. It will not only save your time and effort but also help you in saving money.

You will be able to state exactly what you want and thus would not spend unnecessary time and money on unwanted clauses that are mentioned in generic policies.

Keep Your Reports Handy

While you are searching for a good insurance policy, do not forget to make a file of all kind of reports, family medical history, prescriptions, and medical bills. You may have to show them up to the insurance firm in order to substantiate your improvement and status of your health. Also, do not miss your health routines and treatments. A good health is a big bonus in availing the policy of your choice.


Although it may be a bit difficult to avail the desired insurance plan for the seniors while being admitted to a hospital, yet it is possible to get what you want up to a considerable extent.

One needs to take note of some important points and do proper research for the available options. It will solve half the trouble and leave the rest of the task to your insurance advisor/agent.

Linda Chavez

I'm a burial & senior life insurance expert, independent agent, Founder & CEO of Seniors Life Insurance Finder. I have been working in this sector since 2004 and established my own company in 2014. I have a team of seven members, and we are trying hard to share the knowledge we've gathered. We know how difficult often it is to find an affordable policy. Hence, we are doing our best to help you.