Can You Get Life Insurance If You Are Unemployed?
Life insurance is a financial product providing a lump sum to your beneficiaries in case of your untimely death. It can help them cope with the loss of income, pay off debts, and cover other expenses. But what if you are unemployed? Can you still get life insurance if you have no source of income? The answer is yes, but there are some challenges and limitations that you need to be aware of. Let's see how you can get life insurance if you are unemployed and what factors affect your eligibility and premium.