As a Senior I want to know if a permanent life insurance policy is best for me?

request-a-free-quote1

Q) As a Senior I want to know if a permanent life insurance policy is best for me?
A) Yes it would be best! As a permanent life insurance policy does not expire before you die. 
A Permanent or Whole Life Insurance Policy does not expire before you die (unlike a term life insurance policy). Your policy will last your whole life. As seniors are now living longer many are finding that the life insurance policy they had for years is no longer valid as they have out lived the life of their term policy. As you live longer you need a policy that will last your whole life.
Senior Permanent Life Insurance Rate Examples

Senior Female
Non Smoker – Level Plan
Coverage
Amount
Monthly
Premium
Age 50 $5,000 $11.23 p/m
Age 55 $5,000 $14.01 p/m
Age 60 $5,000 $17.82 p/m

GET A FREE QUOTE FROM A STATE LICENSED AGENT

The permanent life insurance policy also has a combination of a savings portion and a death benefit. The savings porting accumulate cash value with interest as you pay your premium each month. You can later borrow funds, or in some instances, you can withdraw the cash value to help meet future financial needs you may have.

Benefits of having a Permanent Life Insurance Policy as a senior:
    • Your policy last your whole life
    • You policy face value never decrease
    • Your whole life policy builds cash value
    • Permanent Life Insurance
    • Your monthly premium (payments) will never increase
    • You can never outlive your policy
    • Pays your beneficiary as long as premiums have been paid
    • Policy cannot be revoked by the insurance company
    • Guaranteed Death Benefit
    • Level Premiums
    • Policy cannot be cancelled except for non payment
As a Senior, You Can Get Permanent Life Insurance Coverage
UP TO AGE 85 WITH NO MEDICAL EXAM at SeniorCareLife.com
Advertisements