Category: Investing

Why Must Senior Couples Purchase Elderly Life Insurance If They Are Divorced?

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 Seniors couple who are divorced should consider keeping their life insurance policies if they have children who are financially dependent. Life insurance proceedings can be redirected to a different person like your children and other organizations. Who keeps the life insurance policy after a divorce? Life insurance is not an asset and it is rarely the case that it s taken into account during divorce proceeding. The policy belongs to the insured, the one that

Posted in Finance, Insurance, Investing

How can elderly people cover their funeral and burial costs?

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Everything changes. Starting with our minds, our perception of reality and ending with our bodies, we are literally not the same person we were a second ago. As grim as it may sound, we, as any other being, will have to undergo the supreme rite of passage. However, the way in which we handle the aspects of it will definitely make a difference for our loved ones: they needn’t worry about finances while undergoing the

Posted in Finance, Insurance, Investing