Life insurance for seniors

by vshallow » Sun Sep 27, 2009 09:04 pm

I've heard that more and more insurance companies are offering short- and medium-term life insurance for senior citizens. Does anybody have info.

Total Comments: 2

Posted: Tue Sep 29, 2009 02:21 am Post Subject:

Life insurance for seniors can be good for tax avoidance and wealth transfer. Another us would be for a final expense plan.

Posted: Tue Sep 29, 2009 12:30 pm Post Subject:

Life insurance for seniors may be available but I believe they must be expensive. Seniors can be lured into buying things they don't want. So, I would suggest that you verify any insurance before you buy it. No matter what the offer may be that you like, you must first have it in writing. Unless you do, don't sign on any documents.

Moreover, there is no hurry, do your research on the company before you buy from them. If the agent is pressurizing you to immediately buy the policy or sign a document, you may want to give it a second thought. Better still you may look for another company, another agent.

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