19-Dec-2024
Life insurance is the insurance that pays out a sum of money either on the death of the insured person or after a set period.
Source: Freepik
For seniors, it can be an important safety net, providing them with greater peace of mind and financial security for loved ones.
Source: Freepik
While choosing the best type of life insurance for seniors, find a plan that meets both your needs and your budget. Let’s check out the types:
Source: Freepik
Perfect for seniors who need coverage for a set period of time, usually between 10 to 30 years.
Source: Freepik
A permanent type of life insurance that includes a cash value component that is built over a period of time.
Source: Freepik
An alternative for people who may have trouble qualifying for a traditional life insurance policy as it allows you to apply without taking a medical exam.
Source: Freepik
Source: Freepik
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