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| Senior Life Insurance | | | | What is Senior Life Insurance? | Senior life insurance policies are designed for individuals who are 50 to 85 years and these policies better serve the unique needs of seniors. Although you may no longer have any dependents, a good senior life insurance policy protects your assets while helping you privately plan and ease the burden of making your final arrangements.
It is easy to apply for senior life insurance and most people qualify. There is no medical exam and you can get a policy set up with just a couple of phone calls. All you have to do is answer a few health questions. It is important for Seniors to seek out a policy that will not be cancelled just because you grow older or become sick.
A top priority should be purchasing an amount of senior life insurance that will provide adequate coverage for burial and funeral costs. The average cost of a funeral today is over $6,500, and Social Security provides only $255. Naturally, most people don’t want to put that kind of burden on their loved ones. You must decide if you want to only cover your funeral expenses, or if you want to leave you
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