Affordable Life Insurance Protection for Your Family
If you’re a senior citizen, you may be considering the purchase of a life insurance policy.
Do seniors really have a need for life insurance protection?
Well, that depends on your own personal situation.
There are many different reasons why seniors may need life insurance.
The number one reason to purchase senior life insurance today is to ensure your loved ones are taken care of; give your spouse a safety net or your adult children a means of continued financial support.
Purchasing life insurance for seniors offers a means to pay off outstanding mortgages or other continued large or small financial obligations.
Senior Life Insurance Helps Provide for Your Loved Ones
One of the most popular reasons to purchase a senior life insurance policy is to make sure your family is taken care of after you are gone; to provide financial security for your spouse, and to provide continued financial support for your adult children. Purchasing life insurance for senior citizens provides a way to pay off mortgages or other continued financial obligations. Purchasing life insurance can provide seniors with peace of mind.
Senior Life Insurance Offers You Peace of Mind
Financial security is one of the most important aspects of a quality of life as we grow old. Changing economic times, inflation, shrinking pensions and unexpected life changes can make that quality of life more difficult, limiting what we are able to leave for our families when we are gone. Senior life insurance gives that peace of mind back to you, with an assured payout to your beneficiary.
Senior Whole Life Insurance Plans Provide a Cash Benefit
Whole life insurance not only offers all the benefits of a permanent life insurance policy, but it also builds up some cash value inside the policy over time. In case you need money, you can borrow from the cash value inside your policy, instead of getting a high-interest loan.
Senior life insurance can help leave a little something to leave your loved ones and cover the cost of your final expenses, including funeral and burial costs, which can add up to $7,500 or more.
Leave a Legacy for Your Loved Ones
We want to be remembered with loving memories, but often, what is left behind is debt and other financial obligations. Getting senior life insurance will help you make certain you can continue your legacy of love, support, and care.
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.
Highly Recommended – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.