Can older people still be accepted for a policy? People from 80 – 89, in reasonable good health, should be able to find Life Insurance.
So why would an older person choose to shop for coverage? Some want to provide cash to pay for a good funeral. Grown children or other heirs may even buy a policy on the life of their parents. Many older parents are happy that their kids take that responsibility.
In general, premium increase as we age though.
The good news is that we are living longer, and top life insurance companies are more willing to offer affordable life insurance premiums to older people than ever before.
If you had a term life insurance policy that has expired, it would be a good idea to either renew the term policy or opt for a whole life policy. For seniors, the choices may be limited, but you can still get adequate coverage.
Before you make any decisions regarding exchanging your existing life insurance policy for a new one, or taking out any new policy, it would be a good idea to talk to a financial advisor about your options. There are many factors to consider and he/she will be able to guide you. Life insurance is a good thing to have, but you want to make sure that you’re not going to be either over or under insured.
Now you do not need to shop around if you contact MIntco Financial, a leading company in Life Insurance for Seniors in the U.S.
Mintco Financial has been helping thousands of seniors getting life insurance with exams or non medical exams – depending on your specific situation.
Also Seniors up to 89 years old can get Life Insurance but it depends on the State they live.
The best time to get a Life Insurance for Seniors is NOW.
” I got a call from a nice lady one week, and then the following week when we were going to do the application, she passed away. I felt bad, because the family had to cover all the final expenses. It is a burden for families these days. So my advice is do not delay, we never know what will happen the following day.” – says Michael Minter from Minco Financial.
The process is very easy and do not require too much of the time.
Call 813-964-7100 and Mintco Financial Advisors will shop for you the best quote among the top carriers.
Life Insurance for Seniors