Senior life insurance, offered for those between the ages of 55 – 75, can be costly and difficult to purchase. Typically benefits such as: no health questions or medical exams, fixed premiums, a death benefit of premiums plus interest paid in the first two years, death benefits that won’t decrease after two to three years, guaranteed cash value on a tax-deferred basis, are included. But the senior life insurance benefits on offer will really depend upon the senior life insurance insurer. It would be better if the person requests for quotes from different providers and compare senior life insurance costs and coverage.

This entry was posted on Wednesday, March 10th, 2010 at 5:39 am and is filed under Life Insurance Policy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.