No medical exam life insurance is an attractive option for people over 50 who want to purchase life insurance without undergoing a medical exam. This type of insurance policy is designed to provide coverage without the need for a medical exam, making it a popular option for people who may have pre-existing health conditions or who simply want to avoid the inconvenience of undergoing a medical exam. In this article, we will discuss the types of life insurance plans available, how they work, an...

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Is there life insurance for people over 50 years old?

Yes, in fact, there are several types of over 50 life insurance plans available, including term life insurance, permanent life insurance and guaranteed issue life insurance.

The cheapest type of over 50 life insurance plan is term life which offers temporary coverage for a duration of 10, 15, 20, 25 or 30 years.

Permanent life insurance cost a lot more, and provides lifetime protection, as long as you pay your premiums. It also builds some ca...

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What is the most affordable life insurance for people age 50 and over?

The most affordable life insurance for people ages 50 and over will depend on the type of life insurance you need - and what your goal is for your life insurance plan.

If you need short term life insurance for a period of 30 years or less, then a term life insurance policy may offer the most affordable prices.

If you need lifetime life insurance protection, then a whole life insurance policy (which costs more) will be the typ...
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The best term life insurance for people over 50 may depend on your own personal situation and what your life insurance needs are - for example, what do you want your life insurance policy to accomplish?

Since term life insurance is temporary protection for a specific period of time, you may choose coverage for a term of 10, 15, 20 or 30 years.

The longer your "term" for coverage, the higher your annual premium. Also, the larger the amount of life insurance you buy, the higher your premium.

Your ...
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I am over age 50 and want to find the best life insurance coverage - what type of plan might be best for me?

If you're over 50 years old, and have no other life insurance, you may want to consider what you want the coverage to accomplish? Is it for leaving finds to your surviving family members to live on, or to provide for your final expenses?

Do you have anyone who relies on you for financial support? Do you have any outstanding debts? Do you have a spouse? Does your spouse work?

These are all...
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When it comes to buying life insurance for someone over age 50, there are several highly-rated life insurance companies.

However, choosing the best company will depend on your needs and budget, as well as, the insurer's financial strength rating and what the plan provides you as far as immediate full coverage and affordability.

There are several well-known insurers of people over age 50 including Globe Life, Colonial Penn, AARP/NewYork Life, Metlife and Prudential, among others.

One way to find ...
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