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Elderly life insurance
'Life insurance' or 'term assurance' or 'inexpensive
term life insurance' is all about peace of mind. If you
die during the policy term, a guaranteed sum is paid to the
beneficiary(s). If you have no mortgage and you are not concerned
with leaving funds to someone when you die, then Life Insurance
may be a waste of money. But, if you want to leave sufficient
money to cover your funeral expenses or leave a lump sum to
a relative, then there are reasonably cheap options available.
Most companies offer an immediate quote online, but it's important
that you take advice from someone who can be truly impartial,
or you may be sold Life Insurance that you don't need. If
you then try to stop the insurance, you will not get back
the money you have paid into it.
If you are over 70 - 75, or even over 80,
this resource page should help point you in the right direction
Here you will find useful resources related to the subject matter of life insurance for the elderly & more.
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