Life Insurance For People Over The Age Of 65

Posted by on Jun 24, 2016 in Life Insurance |

F or people over the age of 65 life insurance can be hard to get and very important at the same time. Because it’s natural for one’s health to deteriorate over time, obtaining life insurance as you get older also gets more difficult. When you apply for a life insurance policy you have to undergo health underwriting and answer the health questions, also you have to get a physical along with the appropriate blood work.

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The best bet for a senior looking for life insurance is to work with a life insurance specialist who represent many companies and can find the best rate with the best company. Also the specialist should know what health questions each carrier will ask.

Pricing

The pricing on life insurance increasing as you get older. Unfortunately for folks who are past the age of 65 will pay more for life insurance, even if they are in good health. Pricing will vary depending on health, location and the insurance company offering the life insurance policy. Again, the best way to get the best price is to work with an independent broker.

Other Types of Insurance For Seniors
Along with life insurance, seniors have to worry about other insurances as they age. Most importantly, Medicare insurance. Medicare supplement insurance is the best type of insurance to help pay for what Medicare does not cover. I recommend that any senior concerned about Medicare insurance, talk to Alex Wender at Bluewave Insurance Services. He is an independent broker and works with all the top carries and plans such as Aetna Medicare supplement insurance plans.  He also helps folks who are in need of life insurance as well.

Cancer Insurance is also a top concern for seniors. Cancer insurance is designed to pay if the insured is diagnosed with cancer. With the rise in cancer cases across the country, have a cancer insurance policy can help ease the pain and pay the bills.

Dental and vision insurance can be handy for some people as well. It is important to know that Medicare does not pay for vision and dental coverage so many folks obtain their own policies to pay for cleanings and eye check ups. These policies will vary between companies so do your homework when selecting a plan. They can be confusing so pay attention to the small print!

Conclusion

Unfortunately, anyone over the age of 65 will pay more in premium for their life insurance compared to someone who is younger and in the same health. The best way to find a good plan is to work with a broker. Also. seniors also have to deal with other types of insurance such as cancer insurance and Medicare insurance. The best way to get help is to work with a specialist or broker who can help you get the best plan at the best price.

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5 Reasons Why You Should Get Life Insurance

Posted by on May 14, 2016 in Life Insurance |

G etting a life insurance is certainly a good idea. Not only that it will benefit you in multiple ways, but you will also know that you’re doing something for yourself and your family. If you’re thinking about getting life insurance, I think you should do so right away. If you are still questioning your reasons, and wondering whether or not you should get a life insurance, perhaps these five reasons will convince you to get one as soon as possible.

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1. Securing Your Future

As it has been previously mentioned, life insurance will take care of your future. This includes any type of future, whether you are in it or not. If you want to be able to take care of things even once when you are not here, perhaps you should think about getting a life insurance. A life insurance well certainly make presents a lot easier on you and much less stressful, knowing that the future will always be taken care of, whether you are here to witness that or not.

2. Think About Your Loved Ones

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If you think about your loved ones and if you loved them, you should get a life insurance. In addition to that, if you have a large family with numerous children, getting insurance on your life is the best thing you can do. In addition to that, this will show your family that you care about them, think about them, and are willing to provide just in case anything happens even in this way.

3. What If…

It can be rather stressful to think all the time what if something happens. Even though in the majority of cases, people do not collect their life insurance, constantly thinking what if something happens can affect your quality of life. If you don’t want to think about if scenarios, and worry about them, perhaps you should get a life insurance policy. Some people say that in this way you are actually betting against your own life. However, not only that this is a smart move, but it’s also the one that will help you provide for your family just in case an if scenario ever it takes place, even though the majority of people hope not to go through it.

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4. A Small Price To Pay

When you think about it paying a small fee on your life insurance is certainly worth it, much more so than going through various kinds of costs in case anything happens to you, or a family member. This is what most people consider to be a good investment.

5. You Will Sleep Better

That being said, knowing that you have taken care of everything you will definitely be able to sleep better at night. This will allow you to relax and stop worrying. In addition to that, it will also allow you to live your life to the fullest and experience various things you have always wanted to try out without worrying what if something happens to you, and what will happen to your family afterwards.

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