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How do I find affordable life insurance for seniors?
Important things to know… Age, health, and procrastination all affect life insurance rates Whole Life lasts until you need it Term life insurance is life coverage for a limited term of time Senior citizens are closer to the end of their life, as oppo …
→ Read MoreHow do I find affordable life insurance policies?
Important things to know… The word “affordable” is relative Sources for finding “cheap” life insurance are very plentiful Hire a life insurance broker for fine tuning and detailed planning Have your cake and eat it too Build i …
→ Read MoreCan a cancer patient buy life insurance?
Important things to know… There has to a period of five to 10 years of remission before most life insurance companies offer a standard rate Get some help from an experienced life insurance broker who understands and has connections with impaired risk …
→ Read MoreCan a person have two life insurance policies?
Important things to know… You can have more than one life insurance policy. You can have multiple policies from one company or policies from different companies. Compare rates and features to determine if you should have one policy or more than one. …
→ Read MoreCan nursing homes take your life insurance?
Important things to know… The cash value in a life insurance policy counts as an asset for Medicaid. Some life insurance policies will let you use part or all of a death benefit for long term care. Be sure you understand all your options for your lif …
→ Read MoreCan you borrow money from your life insurance policy?
Important things to know… The answer heavily depends on the kind of policy you have. If you have a term life policy, no you cannot borrow money from it. If you have a whole life policy, also sometimes called a permanent policy, then the answer is yes …
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