My father just turned 61 this last year and he is and has always been in good physical health.
He has never smoked or anything like that but lets face it 61 is getting up there in age.
My mom just wants to make sure if anything ever happens that she will be able to afford the funeral and any small bills that may fallow.
My father is in great shape and we expect him to be around another 20 years at least but none the less we want mom to be covered just in case. Where is the first place we should start looking as to find reasonable life insurance?
Your mom may want to start by talking to the insurance agent that handles her auto and home insurance.
But seriously, small bills and a funeral . . . that's not much money, probably less than $10,000.
Over 20 years it may cost your mom more to buy the life insurance, than the death benefit.
This is one of those needs that reasonably, could be "self insured", unless they still live paycheck to paycheck and have no assets.
However, your mother may want to learn about life insurance for people over 60 and review her options for your father's life insurance. Keep in mind, the no exam life insurance plans usually cost more because the applicant doesn't have to take a physical exam to qualify, so some people may get approved, that might not otherwise.
He has never smoked or anything like that but lets face it 61 is getting up there in age.
My mom just wants to make sure if anything ever happens that she will be able to afford the funeral and any small bills that may fallow.
My father is in great shape and we expect him to be around another 20 years at least but none the less we want mom to be covered just in case. Where is the first place we should start looking as to find reasonable life insurance?
Your mom may want to start by talking to the insurance agent that handles her auto and home insurance.
But seriously, small bills and a funeral . . . that's not much money, probably less than $10,000.
Over 20 years it may cost your mom more to buy the life insurance, than the death benefit.
This is one of those needs that reasonably, could be "self insured", unless they still live paycheck to paycheck and have no assets.
However, your mother may want to learn about life insurance for people over 60 and review her options for your father's life insurance. Keep in mind, the no exam life insurance plans usually cost more because the applicant doesn't have to take a physical exam to qualify, so some people may get approved, that might not otherwise.
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