Thursday, April 27, 2017

Term Life Insurance for People over 50


Can people over age 50 get term life insurance coverage?

Yes, actually people ages 75 and under may qualify for a term life insurance policy.

If you're over age 50 you may be able to choose term life coverage for a period of 10, 15, 20 or even 30 years, depending on your age.

Term life costs less than a permanent life insurance plan, because it is temporary coverage, meaning you may outlive the duration of your life insurance policy.

The shorter your term of coverage, the lower your annual cost of life insurance.

Here's how to learn more about term life insurance for people over 50 years of age.

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