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Follow on Google News | Should I By Life Insurance For Seniors?You still want to make sure that your family has no financial hardships after you are gone, you will need to make sure your end of life planning is in order.
By: Mintco Financial You still want to make sure that your family has no financial hardships after you are gone, you will need to make sure your end of life planning is in order. Burial or Final Expenses insurance is frequently marketed to seniors. These policies are considered Whole Life insurance, which means your policy does not expire as long as you pay the premiums, and it's issued without a medical examination. Burial or Final Expenses policies typically offer enough money to cover funeral expenses and pay off a few debts (between $3,000 and $30,000). Your premium will not increase and policies are often available to seniors well into their 70s and 80s. Guaranteed coverage makes sense if you've been denied life insurance for health reasons. The catch to these policies is that they feature a two-year, graded, or limited benefit period. During this time, you only get a payout if your death is accidental. If you die from an illness, the company refunds your premium plus interest. If you want to compare quotes for Life Insurance for Seniors go to: http://www.mintcofinancial.com/ It is the best online website to compare quotes without to give personal information. If you prefer to speak directly, call 813 964 7100 www.MintcoFinancial.com End
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