Is their life insurance available for elderly people?
Yes, there are life insurance plans for seniors available on the internet.
In fact, some life insurance companies specialize in insuring seniors for life insurance coverage. Some of the better known names in senior life insurance include Colonial Penn, Mutual of Omaha, AARP/New York Life, and Globe Life, among others.
Seniors may qualify for life insurance which requires (or does not require) you to take a physical examination.
Also, you may be able to choose from whole life insurance or term life insurance plans. Term life is temporary with coverage up to 20 years for seniors, while whole life insurance is lifetime protection, but costs more money.
In addition, graded death benefit life insurance plans with no exams do not provide full coverage immediately. Usually, you have to wait 2-3 years before you have full coverage with your graded benefit life insurance policy.
Here's how to get seniors life insurance coverage.
Yes, there are life insurance plans for seniors available on the internet.
In fact, some life insurance companies specialize in insuring seniors for life insurance coverage. Some of the better known names in senior life insurance include Colonial Penn, Mutual of Omaha, AARP/New York Life, and Globe Life, among others.
Seniors may qualify for life insurance which requires (or does not require) you to take a physical examination.
Also, you may be able to choose from whole life insurance or term life insurance plans. Term life is temporary with coverage up to 20 years for seniors, while whole life insurance is lifetime protection, but costs more money.
In addition, graded death benefit life insurance plans with no exams do not provide full coverage immediately. Usually, you have to wait 2-3 years before you have full coverage with your graded benefit life insurance policy.
Here's how to get seniors life insurance coverage.
RSS Feed
