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Life Insurance For Older People
By Marilyn Katz


The number of 55 plus Americans has been steadily increasing as the baby boomers move into that age bracket. Additionally, more people are living longer lives. These trends have caused term life insurance prices to fall by approximately 33% in the last 10 years.

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Hadley writes:

Subject: Life Insurance for Older People

Yes, there are many choices for life insurance for older people today in the marketplace.

Now, seniors have the choice of comparing quotes from top-rated insurers online, or going with a simplified life insurance policy from such top-rated insurers as Globe Life, Colonial Penn, or Garden State Life.

When considering a simplified issue life insurance policy, make sure you understand how it works.

The life insurance benefits may be graded until after you have owned the policy for 1-2 years. However, with these policies there is usually no medical exam required.

Comment provided July 24, 2008 at 3:44 pm

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