Category: Retirement

Buy Life Insurance and Avoid Inheritance Taxes!

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Securing that your dependents will have sufficient funds after your death must be a top priority. Death of a dear person presents not only emotional aspects, but also dangerous financial negative consequences. Things can get even more tragic if that person was the sole breadwinner of the family. Persons who earn an income must be protected by life insurance. They must carry the policy, since they have access to money. Moreover, you can buy life

Posted in Finances, Insurance, Retirement

3 Advantageous Life Insurance Policies for Seniors

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Obtaining life insurance for seniors is a bit challenging, because not so many companies are willing to easily accept seniors as clients.  However, elderly can still get these 3 advantageous life insurance policies for seniors: 1)     Term Life insurance. Normally, term life insurance is not that advantageous for the elderly. But term life insurance has the advantage of cheap premiums in the first years. So, for a short period of time, this policy may fit

Posted in Finances, Insurance, Retirement

How Can Life Insurance for Seniors Help Your Family?

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In times of great economic depressions, people have learnt to be money wise and spend their financial resources with care. It is normal to be reluctant when you are faced with the option of purchasing life insurance. Not all people consider this service useful and they regard it as another source of wasting money.  Senior citizens are the most skeptical because they have limited financial possibilities and do not want to spare of some money

Posted in Finances, Home and Family, Insurance, Retirement, Seniors

Should Seniors Buy No Exam Life Insurance?

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Although seniors do not necessarily need a life insurance policy, they can help their families cover important financial expenses by purchasing a plan. No exam life insurance plans are accessible for seniors as they provide coverage without asking for medical examinations. Since they have a simple application process, these plans are a great choice for seniors. How to purchase life insurance as a senior? After 65 years, seniors do not have many insurance options. If

Posted in Insurance, Retirement