Showing Tag: "life insurance over 60" (Show all posts)

How to Buy a $30,000 Life Insurance Policy for Men over 60?

Posted by hadley hadley on Sunday, October 8, 2023, In : Life Insurance FAQ's 

Getting a $30,000 life insurance policy if you're a man over 60 is a smart move. Here's how to do it:

  1. Find an Insurance Agent: Start by finding a reputable insurance agent or company. You can ask friends or search online for options.

  2. Assess Your Needs: Talk to the agent about your needs and why you want the policy. They'll help you figure out the right type of policy.

  3. Choose the Type: Decide between term or whole life insurance. Term is cheaper but lasts for a specific time. Whole life lasts y...


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What is the Cheapest Life Insurance for People over 60?

Posted by hadley hadley on Monday, June 26, 2023, In : Life Insurance FAQ's 

When seeking the most cost-effective life insurance option for individuals over 60 years old, term life insurance emerges as the cheapest choice. Term life insurance provides coverage for a specific duration, typically ranging from 10 to 30 years. Let's explore why term life insurance is often the most affordable option for this age group: 1. Affordability: Term life insurance is generally less expensive than permanent life insurance, such as whole life or universal life insurance. The premi...


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Best Non Term Life Insurance for Over 60

Posted by hadley hadley on Sunday, October 6, 2019, In : Life Insurance FAQ's 
What is the best non term life insurance coverage for people over 60 years old?

The only option for non term coverage would be permanent life insurance.

Permanent insurance provides guaranteed lifetime protection as long as you pay your premiums on time.

These plans provide a death benefit, and they build cash value inside the policy from which a loan may be taken in the future.

However, permanent life insurance usually costs up to 5-10 times more than the same amount of term life insurance.

In ad...
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Best Life Insurance Over 60?

Posted by hadley hadley on Friday, September 9, 2016, In : Life Insurance FAQ's 
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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Over 60 Life Insurance with No Medical Exam?

Posted by hadley hadley on Wednesday, February 26, 2014, In : Life Insurance FAQ's 
Is there life insurance available for people over age 60 with no health examination required?

Yes, people over 60 may qualify for life insurance without taking a medical exam.

In fact, Globe Life offers up to $30,000 of simplified life insurance without any medical exam. There are a few Yes/No health questions for you to answer.

Globe Life is rated "A+" Superior for financial strength by AM best Company. And, Globe Life provides a 30 day money-back guarantee.

Just $1 starts up to $30,000 of life ...
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