That depends on you and your own financial situation, as well as any debts you have, and anyone who relies on you for financial support.
If you're a senior with enough money saved to pay for your final expenses, you may not need life insurance.
However, if you have debts such as credit card bills, loans, or other financial obligations you owe money on, you may need life insurance.
If you have dependents who rely on you for financial support, like a spouse and/or children or grandchildren, you may need life insurance.
Life insurance can be left to those you want to provide for financially, to give them the financial security they have come to rely on from you.
And, the death benefit left to your beneficiaries goes to them free from federal income taxes.
They can use the money as they see fit, and it can help to pay for your funeral and burial costs, pay off your debt, and provide for the ones you love after you have passed.
Learn more about senior life insurance plans and compare free quotes online today.