Senior Life Insurance
Why do seniors need life insurance? Life, health, and financial situations can change quickly for people in their senior years. Because of this, many seniors start to realize that there may be a need to purchase life insurance to help their loved ones with the financial aspect of funeral costs, medical bills, and leaving a legacy for their family.
Regardless of age and what your life insurance needs may be, buying a life insurance policy as young as possible can provide the security you need for your loved ones. Most life insurance policies will cost less the younger you are when you purchase them. The best way to determine the right life insurance coverage would be to speak to an experienced insurance agent to guide you to the right product.
Many older adults are looking for smaller coverage amounts, enough to cover final expenses such as burial costs and to pay off bills, should consider Guaranteed Whole Life policies. Senior life insurance, burial insurance or final expense insurance will usually rance in coverage amounts ranging from $5,000 - $25,000. There are many life insurance policies that offer guaranteed acceptance with no medical exam.
Give us a call at (919) 412-6936 to get a free life insurance needs analysis and let one of our agents assist you in finding the right coverage and the best rates.