Last Updated on March 9, 2021
You could opt for guaranteed or simplified issue life policies; they require little to no information about your health status. You might also choose to be on a group plan as they are cheaper. You could have access to those through your old company or via professional organizations.
From an insurer’s perspective, you could gain a few more points if your job loss is recent and if your future job prospects look good. Another point is yours if your savings account isn’t empty even after losing your job. Keep in mind that your history of asset payments will be checked as well, so if those are regularly on-time, you are on the safe side.
