modified death benefit

Good news! People with severe health issues can still receive coverage through a whole-life modified plan. Many of the revised life plans don't require lifestyle or medical underwriting. Even if you have a severe illness, you can still get coverage. Depending on your medical history, modified whole life may be your only option for new life insurance.

Although premiums may be cheaper initially, modified premium whole life insurance often results in more money being paid by the insurer over the policy term. Although tips are lower initially, full life insurance is generally more expensive than term insurance.