Whether or not a senior citizen needs life insurance protection will depend on that particular seniors situation.

However, many seniors do buy life insurance plans to provide for their final expenses, which may include the cost of their funeral and burial expenses.

Some of the most common reasons seniors need life insurance may include the following:

  • To Pay for Final Expenses – Funeral and Burial Costs
  • To Pay for Hospital Bills
  • To Pay Off Credit Card Debt
  • To Pay Off Personal Loans
  • To Pay Off Home ...
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