Category: Seniors

5 Mistakes to Avoid When Purchasing Life Insurance for Senior Citizens

post thumbnail

Obtaining life insurance for elderly can be trickier than expected. Read about these 5 mistakes to avoid when purchasing life insurance for seniors: 1)     Keep delaying the application date. Seriously, this is the biggest mistake you can do. When you are old, there is no time to delay or to have many second-thoughts.  You should feel lucky if you are accepted by insurance companies. Pushing your luck too many times is not recommended. As time

Posted in Insurance, Life Insurance, Seniors

Life Insurance for Seniors Over 70 – How to Find Low Rates?

post thumbnail

When you have more than 70 years old, chances of getting life insurance drop significantly and they are almost getting close to zero. Typically, persons of this age who do not have insurance start to regret it and are seeking desperately a company that tolerates the age. These finds are pretty rare and in most cases you will need the help of a specialized agent. In this blog post we will tell you more about

Posted in Finance, Insurance, Life Insurance, Seniors

Diabetes Underwriting for Elderly Life Insurance!

post thumbnail

Among the many diseases that haunt us, diabetes has its special place. This illness is chronic and its effects are on long term, forcing us to change our lifestyle and diet. Being old and suffering of diabetes is an unpleasant condition, dreaded by many. Only those that are suffering can tell how much they have to endure. This condition influences not only the body of the persons, but also its economy. Besides money on treatments,

Posted in Health and Fitness, Insurance, Life Insurance, Seniors

Can No Exam Life Insurance Cover Funeral Costs?

post thumbnail

Since funeral costs are getting very expensive, many people are looking for affordable and smart ways of covering the costs. No exam life insurance plans are accessible and they offer enough coverage to pay for a burial ceremony. An average funeral, including taxes, can take out of a family’s households fund over $9,000 and the prices are on the rise. This means that by the time of your death, your burial ceremony may cost over

Posted in Finance, Funeral, Insurance, Life Insurance, Seniors

No Medical Exam Life Insurance – 3 Benefits for Seniors!

post thumbnail

Having a no medical exam life insurance plan can be very advantageous during retirement. Life insurance plans can help seniors cover funeral expenses and provide financial relief for their loved ones. Some may say that life insurance is not a wise investment during retirement as the senior will not have anyone to support anymore. But this is not always the case as many elders are responsible for the well-being of financially dependable family members. Even

Posted in Finance, Insurance, Life Insurance, Seniors