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If you are elderly and looking for life insurance then you can feel secure knowing that there are still
many affordable options available to you. There are life insurance plans for the elderly that will cover
you to age 95, as well as plans that cover you for the rest of your life. The type of life insurance you
qualify for will depend on your age, your health, and your needs.
Burial Insurance for the Elderly
These are whole life insurance policies that are designed to cover funeral costs and other final expenses. These
policies are simplified issue, meaning that there is no medical exam necessary. Coverage is available for ages 50
to 85 and the death benefit ranges from $2,500 to $30,000. Your premium is level for life and you build cash values
over time. Read more...
Guaranteed Issue Life Insurance for the Elderly
If you are like most elderly, you probably have some health issues. Many elderly have high blood pressure, high
cholesterol, or even a history of heart attack, stroke or cancer. Even with these conditions and other more serious
health issues, you can still qualify for elderly life insurance plans. These plans are guaranteed issue, which
means you are guaranteed to be approved. Your policy will have graded benefits, which means that the death benefit
will not be paid out in full if you die within the first 2 years. Read
more...
Term Life Insurance for the Elderly
Term life insurance can also be used to cover burial expenses as well as mortgage debt and other obligations.
There are term life insurance plans for elderly that will cover you to age 95. These plans have a fixed
premium for the term that you choose and many times you are given the options to convert to a whole life insurance
policy. Read more...
Get a free quote for elderly life insurance by filling out the quote box to the right. You can compare
rates from multiple carriers that specialize in life insurance for elderly.
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