Life Insurance for seniors over 70 When a family member dies, it’s often family associates members that is accountable for making essential options regarding end of life preparations. With memorial costs, outstanding medical, even burial preparations, the economical and psychological strain can be overwhelming. Is Life Insurance for Seniors expensive? This is one of the concerns most frequently mentioned by seniors have about life insurance. First, your age and even your health should never be obstacles to getting the coverage you need. There are many good policies you can get at any age or state of health. There are many companies willing to provide coverage and policy types that are both readily available and priced to fit nearly everyone’s pocketbook. Some companies even offer senior discounts on all kinds of policies designed for seniors. This is one concern you can remove from your list now – you CAN get life insurance. Pay attention! For the purpose of final expenses, senior life insurance should not be term insurance. Two of the most common offerings in final expense are a 5 year term and a 7 year term insurance. AARP offers a 5 year renewable term policy that has no guarantee at all. It projects what the rates will be when they go up in 5 year
Life Insurance for seniors over 70 When a family member dies, it’s often family associates members that is accountable for making essential options regarding end of life preparations. With memorial costs, outstanding medical, even burial preparations, the economical and psychological strain can be overwhelming. Is Life Insurance for Seniors expensive? This is one of the concerns most frequently mentioned by seniors have about life insurance. First, your age and even your health should never be obstacles to getting the coverage you need. There are many good policies you can get at any age or state of health.
Citation preview
1. Life Insurance for seniors over 70When a family member dies,
its often family associates members that isaccountable for making
essential options regarding end of life preparations.With memorial
costs, outstanding medical, even burial preparations, theeconomical
and psychological strain can be overwhelming.Is Life Insurance for
Seniors expensive?This is one of the concerns most frequently
mentioned by seniors haveabout life insurance. First, your age and
even your health should never beobstacles to getting the coverage
you need. There are many good policiesyou can get at any age or
state of health.There are many companies willing to provide
coverage and policy typesthat are both readily available and priced
to fit nearly everyonespocketbook. Some companies even offer senior
discounts on all kinds ofpolicies designed for seniors. This is one
concern you can remove fromyour list now you CAN get life
insurance.Pay attention!For the purpose of final expenses, senior
life insurance should not be terminsurance. Two of the most common
offerings in final expense are a 5 yearterm and a 7 year term
insurance. AARP offers a 5 year renewable termpolicy that has no
guarantee at all. It projects what the rates will be whenthey go up
in 5 year increments, but it wont guarantee those rates. And
getthis, it doesnt go up in 5 year increments from the date you
sign up. It goesup every 5th year starting at age 45 so if you buy
a policy at age 69, yourfirst 5 year term increase is at age 70.
Dont buy term for final expense.You need a life time guaranteed
level premium and guaranteed deathbenefit.Finding a company that
will offer you the best coverage at the mostaffordable price can
involve a lot of research.Mintco Financial is the leading
independent company in Life Insurance forSeniors in the U.S.
2. Mintco Financial Team of Independent Advisors have helped
many seniorsto get affordable life insurance.Advisors at Mintco
Financial will shop for you among many insurancecompanies the best
quote for you.Call 813-964-7100or visit
thewebsite:http://www.mintcofinancial.com/quotes/final-expense-life-insurance-quote/