Which Life Insurance is Best for Seniors?

The best life insurance for a senior citizen is life insurance that will stay "In Effect" until the senior's death, no matter what age the person lives to be.

To get a term life insurance policy as a senior is only advisable if the senior citizen has a short term need for life insurance coverage that will not last beyond the duration of the term, for instance, 10 or 15 years, such as wanting the life insurance to pay off a mortgage loan on your home in case of your death.

Permanent life insurance policies may be needed for final expense coverage to provide funds to help pay for your burial and funeral costs..

If a senior person gets term life insurance and then outlives the term, it can be very difficult to qualify for a new life insurance policy then.

Here's how you can leaner about different options available on life insurance plans for seniors