Get Life Insurance in Florida
Find affordable life insurance in Florida with Cuspide.
$1M in coverage starting at $1 day.
No medical exams or blood tests!
Why Cuspide is key when getting a life insurance policy
Same day coverage
We offer life insurance with no waiting period. No 2-year waiting period like some others. Any health condition gets accepted. Get the coverage you need straight away.
Access to 24/7 help
Unlike other insurance brokers we do not stop assisting you after the sale. We provide continuous support for you. No annoying phone calls or texts.
Partners with the top
Some insurance agents only what they can legally sell. We have partnerships with all the top insurance companies in Florida. Ensuring that you get the most affordable coverage.
Life Insurance with LIVING Benefits
The biggest life insurance myth is that you must die to get the benefits. That is NOT TRUE! Here at Cuspide, all the policies we offer have built-in Accelerated death benefits. This is called the Accelerated death benefit rider (living benefits). But what is it and how do you qualify?
Accelerated death benefit riders allow you to access the death benefit in advance while you are still alive. But you must meet certain conditions like having a chronic, terminal, or critical illness. This is a no-cost rider, meaning you can access these benefits for FREE. Below are all the different Accelerated Benefit Riders conditions you must meet:
Chronic Illness
A chronically ill person is someone who, in the past year, has been certified by a licensed healthcare professional as needing substantial assistance to perform at least two out of the six basic daily activities.
The six activities are defined as:
Eating, Bathing, Toileting, Dressing, Transferring, and Cognitive impairment.
Critical Illness
You can get your money in advance with living benefits when you are diagnosed with a major condition like: Stroke, blindness, cancer, heart attack, stroke, major organ replacement, and more.
Critical Injury
Just like an illness with an injury you have to meet one of the following in order to get the living benefits rider:
Coma, severe burns,
paralysis, or traumatic brain injury.
Terminal Illness
In the case of a terminal illness the accelerated payments can be made if you are diagnosed with an illness that will result in death within a certain amount of time. Usually within 12-24 months, depending on the insurance company.
No more GoFundMe’s or asking friends and family for donations. We offer affordable life insurance in Florida for you and your family. At any stage in your life. Get a free quote today. Phone, text, or email.
The Types of Life Insurance Policies we offer in Florida
Here at Cuspide we have something for everyone. From life insurance for seniors to kids, parents, etc. Keep in mind all these policies have no medical exams or blood tests. No waiting period for coverage. Affordable life insurance in Florida starts here.
Whether you are a senior looking for burial insurance or a mother looking for rates. We will you have covered. We will go over Term Life vs Whole Life vs Universal Life. Here are the differences between the 4 life insurance policy types:
This policy offers coverage for a specific period. Ranges from 10 to 30 years. Usually, with this policy you can get the most coverage for the lowest cost. The younger you are, the cheaper it will be. Good for young families. Also, the premiums will always stay the same. It is not permanent. But you can convert it to a permanent policy at the end of the term. With Term Life Insurance, you can choose the coverage amount and duration that best suits you. It allows you to have the chance to pay immediate expenses, pay off debts, college for your kids, etc. In case the worst happens. Includes living benefits.
Best for: Young couples/parents, stay-at-home parents, business owners, individuals with debt, etc.
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This is a permanent policy that offers lifelong protection. The “basic” policy that everyone knows about. With this, your coverage stays forever as long as premiums are paid. Your monthly premium will never change. This is life insurance with cash value, so you can cash out. Not only does it provide a death benefit, but it also accumulates cash value over time that is tax-free. This is the type of life insurance you can borrow from. This offers stability and financial security. Allowing you to leave something behind for your family or use it as income replacement. Interested?
Best for: Business owners, investors, individuals with long-term dependent, etc.
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Universal life policies have flexible coverage and cash value growth. This policy allows you to adjust your coverage and premium payments. Like lowering premiums or skipping them etc. Can also choose the “Indexed” version which is connected to the stock market and builds cash value based on how the market is moving. You also have control over how the death benefit and cash growth are split. For example, lower the death benefit and use the premiums on the cash value growth or vice versa. Can be used for emergencies, education expenses, or income replacement. These are life insurance investment policies. Here at Cuspide we can help with any questions you may have.
Best for: Young couples, business owners, investors, individuals planning for retirement.
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Also known as burial insurance. This is a type of life insurance you can use while alive as well. This policy is designed to provide help in covering funeral and burial expenses. Death benefit can be used for anything. Up to $40,000 in coverage. Mainly for seniors, you can ensure that your family is not burdened with the high costs associated with funerals. Final expenses insurance plans have premiums that stay the same. The coverage will also last your whole life. It also builds cash value, and you can borrow from it. Gives you peace of mind knowing that your final expenses are taken care of and allowing your family to focus on remembering and celebrating your life.
Interested or have any questions? Call or text us at any time!
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Apply for Life Insurance in Florida
Here at Cuspide, we offer affordable policies for you and your family. At any stage in your life. Get a free quote today. Phone, text, or email.
Life insurance with No Medical Exams
Here at Cuspide, we offer policies with no medical exams. The application process is very simple, you will only need to answer a few health-related questions and that’s it. This speeds up the whole process and makes it easier for people to apply for coverage. The best way to get life insurance in Florida is with no medical exam or bloodwork requirements.
After your policy is submitted, the insurance company will do a medical background check to see how your health is and what is going on. This way they see how much you will pay and what their risks are for insuring you. So, instead of having a doctor come to you and do blood work or having to go somewhere, you can skip all of that.
We also offer life insurance in Florida with no waiting period. Usually, it’s a 2-year waiting period. This is for individuals who applied and have certain health conditions, so the company makes them wait 2 years for their policy to start being active. If that is the case for you then we have carriers who don’t make you wait those 2 years even if you have a certain condition! This is possible through “guaranteed issue” polices. That way you are covered from the second you make the first premium payment.
Cuspide shares some statistics on Life insurance
Life Insurance Riders you MUST know about
While the usual policies offer essential coverage, there are additional options called riders that can provide more benefits. These riders allow policyholders to customize their coverage and have more freedom. Let’s dive into some of the different riders available when getting life insurance in Florida. Learn how they add value to your policy.
The Accelerated Death Benefit (ADB) rider is made to provide policyholders with access to a portion of the death benefit if they are diagnosed with a terminal illness. This rider can help with financial problems like medical bills, end-of-life care, or other expenses. It allows you to use a portion of your death benefit while still alive. Usually built-in and it is free.
The cost of long-term care services can be a lot. The Long-Term Care (LTC) rider is designed for this by providing coverage for these expenses. Such as nursing home care, assisted living, or home healthcare. By adding this rider to a life insurance policy, you can protect yourself against the high costs of long-term care. Maintain your financial security even when traditional health insurance falls short.
In the event of a disability that prevents the policyholder from working and earning an income, the Disability Income rider gives a stream of income. This rider pays a predetermined % of the policy’s death benefit to the policyholder during the disability period. It serves as a safety net. Replaces your lost income while you focus on recovering.
The Guaranteed Insurability (GI) rider allows policyholders to increase their coverage in the future without having to do a medical exam or proving insurability. This rider is useful for individuals who anticipate significant life changes. Such as marriage, having children, or buying a home. With the GI rider, you can adapt your coverage to meet your needs without the risk of being denied coverage due to health issues.
If you have a disability or critical illness it can make it challenging to keep up with premium payments. The Waiver of Premium (WOP) rider comes to the rescue by waiving future premiums if the policyholder becomes disabled and unable to work. This ensures that the life insurance coverage remains. You and your family can stay protected even if you are unable to continue making premium payments.
What you must know when applying for Life insurance in Florida
One thing to know is that insurance companies typically conduct a background medical check to assess your health status. This plays a huge role in determining the premiums you’ll pay. Better health leads to lower premiums. Be prepared to provide personal information such as height, weight, current medications, and any previous medical conditions.
During the application process, you’ll need specific documents. Having your social security number and driver’s license ready is essential. These documents help verify your identity and make the process faster. It is all part of the insurance companies’ application. Things like job/income are also needed. At Cuspide we help with the whole process. We only offer policies with no medical exams or blood tests.
When completing the application, it’s important to be truthful. What you pay comes down to the information you provide. It is all to see where you fall in the risk categories. Failing to say certain health conditions or providing inaccurate information could result in policy cancellation or denial of claims.
Get help from experienced insurance agents like us at Cuspide. Most agents sell one policy for all or only what they can legally sell. Here at Cuspide we have access to every product. Finding the best life insurance policy at a cheap price. That way we can focus on you and your family.
How Life insurance Beneficiaries Work
There are a couple things you must know about a beneficiary when getting life insurance in Florida. They are more important than you may think and there is a lot to learn about. Here is a quick guide on how they work.
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The best rates in the sunshine state. We offer policies for every stage in life.
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Life Insurance Terms and Definitions
There are a few terms you must know about when it comes to the insurance business. We want to make sure that there are no surprises later. Here are the most important life insurance terms explained. There are more but we will share the top 7.
Premium
The amount of money you pay to the company to maintain your policy active. This can be set monthly or yearly. As long as you pay, you are covered.
Death Benefit
The amount of money paid to the policyholder when the insured passes away. Usually a lump sum.
Policyholder
The individual who owns the life insurance policy and pays the premium. Usually, the insured as well but not always.
Beneficiary
The person (or entity) that is designated to receive the death benefit from the policy when the insured passes away. Can be multiple people as well (split into percentages.)
Cash value
The savings/investment part of whole life policies. This can be borrowed against or withdrawn from under certain conditions.
Riders
Additional parts (sometimes free, sometimes extra) that can be added into a policy. For example, an accelerated death benefit rider which lets you get the money in advance while you are still alive.
Underwriting
The process where the insurance company evaluates an applicant’s health and lifestyle (sometimes through medical records.) This is to determine their eligibility and the cost of their premiums.
List of Life Insurance Companies we work with
We work with the top insurance carriers in the nation. All of this is to bring you affordable life insurance for you and your family. These companies have been around for over 100 years and never miss a claim payout. Get covered today with the best life insurance companies. Many of these offer products for people in different stages of their life. So, it’s not a one size fits all. Let’s look at some of the carriers we work with to bring you affordable Life insurance in Florida.
Also known as United of Omaha, this is one of the oldest and most well-known life insurance companies. It was founded in 1909 in Omaha, Nebraska and has a great track record. They never miss a payout claim. Mutual of Omaha is a great choice for you and your families. Offering products like whole life to term life and even final expense for seniors. As their slogan says, they are “People you can count on.” They are perfect for everyone in their different stages.
Rating: A+ (Superior) by AM Best
Founded all the way back in 1848, in Montpelier, Vermont this company provides great coverage for everyone. They focus on flexibility and have many products like universal life policies which can be used as investments. You can rely on National Life Group as they don’t miss payout claims. Term life is another product they offer for affordable prices. A great choice for people who want to protect their families and at the same time invest.
Rating: A+ (Superior) by AM Best.
In 1874, Foresters Financial was founded and their focus was to make sure that everyone got the coverage they needed. They have no problems with their life insurance claims. The best part about them is they are less strict when applying for policies. Usually accepting everyone even if they have certain conditions. From permanent policies to different terms. A great choice for anyone seeking protection.
Rating: A (Excellent) by AM Best.
More commonly known as AIG, they are one of the more popular names and have been around since 1919. You can be sure you will be covered because they have no problems with payout claims. They offer a wide variety of life products for everyone. Anything from universal policies to whole life and different term coverages they have. A great company to be covered by.
Rating: A (Excellent) by AM Best
The best life insurance company will come down to which brings you the most affordable price. All these carriers are great and provide good policies for individuals and families. Just know that Cuspide will find you the best one that fits you at the best price.
Life insurance for Seniors in Florida
For all the seniors in Florida who want protection there are policies made just for you. One thing you should note is that the older you are the more you will pay in premiums (monthly). So, if you are thinking about getting coverage then the best time was yesterday and the second-best time is TODAY! There are 2 policies that are best for seniors. Let’s dive into them:
For seniors, you must decide about what your goal is. If you can spend a little extra and want to focus on investment while getting protection, then a standard whole life policy will do. If you just want to cover your burial costs and leave your family with a little extra, then a final expense policy is good. Find out your why and then make the decision.
Yes, life insurance can help pay burial expenses. The average funeral in Florida costs range from $7,000 to $9,000. For cremations it is around $3,000. Depending on your policies death benefit amount, it can provide the funds to cover funeral expenses. These types of policies are called Final Expense. Usually designed for seniors. At Cuspide, we can help you through the process of choosing the right burial insurance policy. We have a focus to try and save money by finding affordable coverage.
You can borrow from certain types of permanent life insurance. Such as Whole Life or Universal Life. They allow policyholders to borrow against the cash value that accumulates over time. The loan does not count as income, so it is tax-free. You are still expected to pay this back with interest rates. It will be lower than a bank/card loan. This option can provide access to funds for various purposes. Like emergencies, medical debts, or other needs. At Cuspide, we offer these types of policies from the top insurance companies in the country. Learn more by reaching out to us.
A $100,000 term life insurance will cost an average of $15 a month for a 20-year term as a 30-year-old. However, this won’t be the exact number for everyone.
The monthly premium for a $100,000 life insurance policy depends on many factors. Like your age, health condition, and the type of policy you choose. For example, a term life policy is cheaper than a whole life policy. So, the 30-year-old will not pay the same for both. In general, the average cost of a life insurance policy is $26 a month.
At Cuspide, we pride ourselves on finding the absolute best coverage possible at the most affordable price. You contact us via phone, text, or email and get a free quote.
Depends on who you are. In most cases, yes. Life insurance premiums can be considered a business expense if you are a business owner. For example, if you have a business and purchase life insurance as part of a key person insurance policy, the premiums may be tax-deductible. And for those asking, “are life insurance premiums tax deductible?” Generally, no. Life insurance premiums are not tax deductible. As a business owner life insurance is an asset. Here at Cuspide, we can help on how life insurance may relate to your business needs and connect you with relevant resources to ensure compliance with tax regulations.
Choosing the right life insurance depends on YOU. Factors such as your age, financial status, and long-term objectives are important. The best question to ask is what do you want it for? A senior with working children should aim for a final expense plan. A father whose whole family depends on him should get a term policy. An investor or individual planning for retirement should go for Universal Life insurance. It all depends on you and what stage in life you are in. If you have any questions just contact us today and we will help you and your family.
Yes, most life insurance policies offer the option to pay premiums monthly. However, other payment frequencies such as quarterly, semi-annually, or annually are available. You must be aware that most payments are made through your bank account. So, when talking to an insurance agent or broker have that ready. With certain policies you can also lower, increase or skip the payments. Explore are life insurance products with us at Cuspide.
The two common types of life insurance are term and permanent. Term life insurance provides coverage for a specified period, typically 10, 20, or 30 years. It pays a death benefit to the beneficiaries if the insured passes away during the term. It also has living benefits. You can use the money in advance while you are alive. Premiums never change. Term life insurance are the cheapest option and usually has the most coverage.
Permanent life insurance offers lifelong coverage, and includes a savings component known as cash value that you can borrow from. This type of insurance can be divided into whole life insurance, which last your whole life and provides a guaranteed death benefit and premiums that stay the same. And universal life insurance, which offers more flexibility in premium payments (like skipping or lowering them) and customizable death benefits.
