Category: Retirement

3 Benefits of Covering Funeral Expenses With a Life Insurance Plan for Senior

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Burial life insurance is a must have policy for any senior citizen. We present you the main 3 benefits of covering funeral expenses with a life insurance plan for senior: If you add this policy as a rider for a pre-owned policy, the insurer may offer some benefits. Life insurance companies tend to reward their clients who have proved themselves loyal. So, if you add another rider, the insurer may be able to allow you

Posted in Finance, Funeral, Insurance, Retirement

How to Find Life Insurance for Seniors Who Have Diabetes!

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Diabetes is a chronic disease that can greatly disturb the quality of life. Depending on the type of diabetes, further treatments are required and some lifestyle changes. Even if the effects are not that disturbing, you may find it hard to get life insurance if you suffer of diabetes. Not so many companies are sympathetic with diabetes sufferers. However, the chances of getting coverage are real and you should not abandon the search. We will

Posted in Finance, Health and Fitness, Insurance, Retirement

Is No Exam Life Insurance The Best Policy for Senior Citizens?

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Very few people think that no exam life insurance is the best policy for senior citizens. There are some reasons that make this type of insurance easy avoidable and unwanted. But things are not always what they seem. In fact, this policy has become highly coveted by many, including the elderly. In this blog we will discuss about the advantages and disadvantages of no exam life insurance for seniors. As always, choosing life insurance is

Posted in Insurance, Retirement

5 Mistakes to Avoid When Buying Life Insurance for Elderly

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Finding the right policy is never easy, but you should be aware of these 5 mistakes to avoid when buying life insurance for elderly: 1)     If you have not retired yet, do not rely only strictly on the employer coverage.  Life insurance policies offered through the employer are rarely personalized and less effective than the ones designed specifically for your own needs.  Companies usually offer life insurance through a group plan.  Employer coverage does not

Posted in Finance, Insurance, Retirement

Should Seniors Purchase Life Insurance or Life Annuities?

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Many seniors ask themselves if they should purchase seniors life insurance or life annuities. They are both insurance products and have the role to provide money when it is needed the most. Buy they have different features and the benefits are reimbursed at different stages of life. Also, you must be money wise and search affordable, but beneficial offers for both types of insurance. You can easily notice the differences with the help of insurance

Posted in Finance, Insurance, Retirement

Whole Life Insurance – A Good Policy for Seniors?

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Whole life insurance provides permanent protection as long as the insured keeps its part of the bargain and pays the premium. Financial protection is a sensitive topic for many and has become a stringent necessity for all American families. The best way to achieve a high degree of protection is by purchasing life insurance. Whole life insurance is a good policy for seniors and has certain features and advantages that make it far superior than

Posted in Finance, Insurance, Retirement