Life Insurance Archives - Page 2 of 15 - Over 50 Life Insure - Getting Affordable Life Insurance for People Over 50

Life Insurance

20 vs 30-year Term Life Insurance, What You Need

If you’re considering term life insurance, then wondering about the length you need is a common concern. Term life insurance is an excellent decision for individuals with a family, a home, and other financial obligations they want to cover if anything happens to them. When you purchase term life insurance, then you know you’ll have…

Cost of Term Life Insurance at Age 50, What to Expect

Once you reach your fifties, you know you’re at a huge transition point in your life. While most major adulthood life changes people commonly think about revolve around new homeownership, a wedding, and parenthood, things still change even as you get older. That means you’ll need to consider your financial plans and how your family…

How Much Life Insurance Does a 50-Year-Old Need?

Times are changing swiftly, and families are constantly evolving as a result. For example, the estimated age of first-time mothers continues to be on the rise since the early 1980s. Also, most Americans have less than a thousand dollars in their savings accounts. These startling statistics suggest that more individuals in their 50s today still…

How Much is Life Insurance for a 55-Year Old?

So, is it a wise decision to consider life insurance once you turn age fifty-five? For several individuals, purchasing life insurance once reaching the age of fifty-five is still a wonderful strategy, even if your children are fully grown. Many individuals who have young children or are newly married take out term life insurance plans…

Guaranteed Universal Life Insurance for Seniors Over 70

Choosing a life insurance policy is a lot of work, especially if you are a senior trying to get affordable rates without adding anything extra that you don’t need. However, everyone’s needs are different. But if you have started to look into Guaranteed Universal Life Insurance, because you would like to have lifetime protection you’re…

Guaranteed Universal Life Insurance for Seniors

With so many options for Guaranteed Universal Life Insurance for seniors, it can be overwhelming to know which policy is the best for you. Seniors in particular have a whole different set of needs than someone who is younger and just starting out. Unfortunately, what comes with the age is the hefty price point of…

Everything You Need To Know About Life Insurance For Estate Planning

Estate planning can be a complicated task for anyone. It usually requires a team of lawyers and other advisors, and very oftentimes consists of multiple conversations between family members. But often what is forgotten during these talks, is the role life insurance crosses has when it comes to estate planning. Perhaps you may be worried…

Guaranteed Universal Life Insurance, The Ultimate Guide

It’s never too early or too late to choose a good life insurance policy. However, some insurance policies can be daunting because of their monthly premium alone. Others may come at an affordable price but may not pay out the death benefit you are looking for if you were to outlive the coverage. That’s why…

Term Life Insurance Rates for Seniors, What You Need

Insurance rates and policies have changed over the past year due to the global pandemic. Despite this, term life insurance is still an affordable insurance option for seniors compared to whole life insurance. It may be a little more straightforward and easier to understand as term insurance protects you for a limited number of years…