Tips for Comparing Senior Life Insurance Rates
If you’re a senior shopping for term life insurance you may be on a fixed budget. That means it’s important to find quality life insurance at a price that fits your monthly budget.
So, how can you save money on your life insurance?
Here’s several tips to do just that:
Get a Free Quote for Life Insurance
We all want to provide the money needed to pay for our final expenses so we don’t burden our family with financial problems when we pass away.
Life insurance can provide the money need not only to help pay for your burial and funeral expenses, it can provide money to help your surviving spouse pay for living expenses, pay off your mortgage, and provide money for your spouse to enjoy retirement, instead of struggling financially in the golden years.
Important Note: Term life insurance is a type of life insurance that provides temporary coverage.
Term life insurance plans usually provide coverage for 1-30 years, and many policies offer coverage for 10, 15, 20 or 30 years.
If you outlive the term or length of your term life plan, your life insurance coverage expires.
If you pass away during the term of your term life policy, your spouse (beneficiary) receives the proceeds from your life insurance.
You can compare senior life insurance rates by requesting free quotes online and instantly receive the lowest price quotes from over 40 leading life insurance companies.
JRC Insurance Group is an online life insurance quote provider that helps you to compare free life insurance quotes from a network of highly-rated life insurance companies with no hassles and no obligation.
Another option you have is to consider senior life insurance with no medical examination required. These plans may cost more, and offer a limited amount of life insurance.
However, no exam life insurance for seniors offers you a quick and easy way to buy your life insurance, and some folks just don’t like taking a physical exam, or dealing with needles or blood tests.
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.
Senior Term Life Insurance Rates
Disclosure: Compensated Affiliate