Beverly asked me recently: “Can I get life insurance in Ketchikan Alaska, my terminally ill parent?”

Yes, Beverly you can get life insurance policy on your terminally ill parent its called “graded life” policy up to $50,000. If this is not enough, you can purchase several more life insurance policies. But “graded life;” means that the company only returns premium if the insured dies before 2 years. If you parent lives beyond 2 years then the full insurance benefit is paid. It does not have an accidental death.

Find a knowledgeable insurance broker who has experience in handling tough cases. For your information if your parent has cancer you can find an affordable life insurance coverage offered to cancer patients. Just make sure you read the fine prints and ask you agents lots of questions before you sign the document.

I would get a least 3 quick quotes to make a good comparison before you decide which life insurance company you will choose.