Category: Retirement

5 Common Mistakes When Buying Senior Life Insurance!

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Comparing senior life insurance quotes should be the first thing to do before applying to life insurance. But people often forget that. We present other 5 common mistakes when buying senior life insurance: 1)     It is a huge mistake to buy a policy that you cannot afford.  Purchasing an expensive policy for you will certainly have later unwanted consequences. It is unpleasant to struggle to obtain money for premiums. If you cease paying the insurer,

Posted in Finance, Insurance, Retirement

Does Life Insurance for Seniors Require Medical Examinations?

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Life insurance is very important in your estate planning and it alone can provide the necessary financial safety.  Despite its obvious advantages, many people do not think about purchasing it or keep deferring the application date. This last situation can lead to certain difficulties in getting approval, since companies do not offer the best ratings to senior citizens. Furthermore, you will have to undergo numerous medical tests, since almost all companies that sell life insurance

Posted in Finance, Insurance, Retirement

Is Life Insurance for Seniors a Wise Investment?

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Since funerals are becoming more and more expensive, life insurance for seniors is an important investment. Having life insurance as a senior can help you family save money on funeral expenses. It can also provide an important financial relief for your remaining family members. Some life insurance policies can even become profitable during retirement. In some cases, life insurance can be a wise investment for seniors. However, you need to understand that life insurance is

Posted in Insurance, Investing, Retirement