What is the best life insurance for people over age 60?

That depends on what goal you want your life insurance to accomplish.

Permanent life insurance can give you guaranteed lifetime protection and build cash value, but it costs more than term life.

Term life is the lowest priced life insurance ad offer coverage for up to 30 years. You select the period of time you need life insurance from 10 to 30 years. The shorter the term, the lower your annual premium.

And, if you have health issues or have...
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