Are you like the majority of seniors? Do you have a health issue or two? Blood pressure or cholesterol numbers that are high, history of heart attack and cancer – many seniors share the same conditions you may have. Despite these illnesses you can qualify for guaranteed issue life insurance.
Burial Insurance for seniors policies are specially designed versions of permanent, whole life insurance aimed at coverage of funeral costs, interment and other expenses. Often these burial policies are available as “simplified issue”, meaning there is not a physical examination needed for you to qualify. You only need to answer questions about your health on an eligibility application.
Policies and coverage are available for those aged between 50 and 89, with benefits at death ranging from a minimum of $2,500. Your premium would remain the same amount for your lifetime, and the cash value of your policy accumulates over time.
Ultimately the responsibility to find affordable life insurance for seniors falls onto the insured, a family member, or friend.
Many seniors know that getting life insurance is important, but they might not know where to start. End of life expenses can end up taking a huge toll on the family of the person who has passed, and having a senior life insurance policy in place can make the process so much easier.
There are affordable options out there for almost everyone.
Securing your financial future, and that of the ones you love, is now easier than ever.
The first step in getting yourself insured as a senior is to decide how much life insurance you will need. Do you have debts that will remain after your passing? Do you have enough savings to cover the costs of death? How much of an inheritance do you plan to leave to your loved ones? All of these questions should be answered, and factored in to your decision. While it is impossible to be exact, a rough estimate of your assets minus your debts should give you an idea how much money will remain when you are gone. If there are more debts than assets, you definitely need senior life insurance. If there will be money remaining after your debts are paid, you need to decide if you will be satisfied with the financial inheritance you will leave behind. If you think you would like to leave more money to your family and loved ones, you may want a senior life insurance policy that will fill the gap. Once you have determined how much you need, you will need to figure out how much you can afford.
One of the factors that will likely go into determining what type of plan you choose is the cost. The larger the payout amount, the more the policy is going to cost. You need to balance the amount you need for tomorrow, with the amount you can afford today.
There are numerous prominent life insurance companies that provide free quotes via the Internet. But there is only one that can give you the most affordable quote:
Mintco Financial is the leading company for Senior Life Insurance. Our Advisors shop among many carriers to find the best quote for you.
Once you contact Mintco Financial at 813-964-7100 or Insurance for Seniors free quote ,you can discuss the options with your family, and decide exactly how much coverage you will need.
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Seniors know that having life insurance is essential. While your family is going to have a difficult time dealing with your passing, trying to deal with the remaining financial burdens can make it almost unbearable.
Call Mintco Financial 813-964-7100 and make an informed decision that will allow you to select the senior life insurance policy that is right for you. Now is the time to make arrangements to protect your family and loved ones in the future.
