While You Were Working, Your Employer Paid Your Life Insurance
Employer (group) life insurance is a benefit. There is no doubt. Though many times it’s not really enough life insurance, but it’s usually free or very cheap. The coverage would – at a minimum – cover the cost of a funeral.
However, sometimes the group policy is a multiple of your annual income in order to help your family stay afloat 2 or three years on just the insurance death benefit.
Life Insurance Didn’t Seem Like a Necessity
You put in your years of service to the company, you had been insured the whole time, so you did not give any thought about life insurance to cover you and your family later in life – as a senior citizen.
Now, retirement has come, or is around the corner. Your employer’s plan isn’t going with you. Sure, there are some options – but let’s face it, the option are EXPENSIVE. Oh, and even those options are Term Life Insurance that will end usually about age 80 when any other form of insurance will cost you a much higher premium.
Life insurance as a senior likely means you have a few health issues. Maybe small or maybe major health issues. Those low rates you could have picked up in your 40’s, 50’s and even 60’s are… gone.
The Easiest Solution is to Not Think About it and “Look into it… Later”
Woah-oh
“Livin’ On a Prayer” Bon Jovi
Livin’ on a prayer
After you get done taking some time off to go fishing and finally finish your to-do list, you’re now well into your 70’s. The rates you could have got at 62 or 65 or even 67 are gone. And, you may have a new health concern to add to your list. Premiums just keep going up every year you age and don’t secure a plan.
Senior Life Insurance is the Best Financial Tool for Funeral Expenses
Final Expense Insurance is whole-life insurance for seniors.
There is nothing like life insurance. It doesn’t get tied up in probate. It provides quick, tax-free benefits to your family in the event of your death. Premiums for Final Expense insurance (sometimes known as senior life insurance or funeral insurance) are affordable.
Even at age 70 (actually up to age 89), you can still get coverage. And there are still lots of options, so I’m not saying give-up. I’m saying, your best plan is to buy senior life insurance early. Like age 45 or 50 when a $50,000 policy is very affordable.
Get Insured and Get Peace-of-Mind
The sooner you get your policy you’ll get lower the premiums and higher coverage amounts.
You’ll rest easier knowing you’ve taken care of your family. You protected them from financial distress.
Simple and Easy Qualification
Final Expense (Senior Life Insurance) does not require a medical exam. There are even Guaranteed Issue plans that require no medical questions at all.
The entire application will take less than 30 minutes and is done right-over-the-phone!
Get a free Life Insurance quote today!
You’ll leave the legacy you always wanted to leave
When the day comes that you pass away, your life insurance will allow your family to grieve without immense financial burdens. They will carry out your wishes. They’ll have the money needed to take care of funeral expenses, medical bills, debt, probate fees, and taxes.
Contact me with any questions or for a custom quote.
(702) 867-8150
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