Friday, May 15, 2015

Final life insurance for seniors for ages 50-80


Is there final life insurance for people ages 50 to 80?

Yes, there are life insurance plans that provide money to pay for your final expenses and people ages 50 to 80 may qualify.

In fact, there are guaranteed issue permanent life insurance policies available for people between the ages of 45 to 85.

Final life insurance policies provide guaranteed lifetime protection as long as you continue to pay your premiums on time. And, these life insurance policies build up some cash value inside the policy over the years, from which you may be able to take a loan, if you need it.

However, some final life insurance policies may have graded death benefits the first two years you are insured, which means you don't have full coverage right away, but after you are insured for two years you have full protection. That's how the insurers can offer guaranteed acceptance without any health exams or health questions asked.

Some of there leading providers of final expense life insurance policies include United of Omaha, Met Life and Colonial Penn, among others.

Learn more about how to get final life insurance for seniors for ages 50-80

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