Monday, August 6, 2018

Which Life Insurance is Best for Seniors?


If you're a senior citizen looking for life insurance you may be wondering what type of policy is right for you.

It's an important question, and one you want to answer before choosing your plan.

There are two basic types of life insurance: term and Whole.

Term is for seniors who need temporary coverage lasting for a period of 20 years or less.

Whereas, whole life insurance provides guaranteed lifetime protection to last as long as you do.

However, when it comes to pricing, term life usually costs a lot less than whole life.

In addition, there are guaranteed issue life insurance policies for people who have health issues, have been turned down for coverage, or are having difficulty getting insured.

Here's how to learn more about which life insurance is best for seniors?

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