Should I buy life insurance for seniors over 80 years old?
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Life insurance is bought to secure the lives of dependents in case of premature death of the guardian but since an 80 year old person himself is a dependent, he should not take life insurance. Moreover, premium will be very high as chances of death is more. I think most Life Insurance companies don’t allow life insurance after a certain age. It is young people who should take life insurance to protect their dependents in case of premature death.
But if a plan is specially made for the needs of elderly persons and it fulfils their need, they can consider it.
Hi, I want to point out that Senior Life Insurance offers life insurance to anyone under the age of 85, regardless of pre-existing medical conditions. If you read the Senior Life Insurance reviews herе https://senior-life-insurance.pissedconsumer.com/review.html you will know that their mission is to help families prepare for costly final expenses. Senior Life Insurance does not publicly disclose their specific discounts, however an insurance agent can find them for you. Senior Life Insurance agents work hard to find all the right discounts and other ways to save money on your coverage.
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