Senior Life Insurance a Pathway Forward…

Life Insurance Call it astonishing or whatever, yet death is a reality that we can’t escape. The insignificant idea of going into nothingness gets everyone nauseous, and the manner in which that the 21st century essentially doesn’t allow anybody to disregard to the contrary side without a dash of issue, both cash related and social... Senior Life Insurance a Pathway Forward... Life Insurance Call it astonishing or whatever, yet death is a reality that we can’t escape. The insignificant idea of going into nothingness gets everyone nauseous, and the manner in which that the 21st century essentially doesn’t allow anybody to disregard to the contrary side without a dash of issue, both cash related and social is further surprising. Luckily, the cash related condition has been made basic, in light…

0 Comments

Best Senior Guaranteed Life Insurance Quotes In Indiana…

What’s It All About? American Income Life...   That is the biggest question we often get. A lot of individuals out there this is their best option is buying a guaranteed acceptance policy when answering a few simple health questions will allow them to get a lower price elsewhere. You read that right…not only will you get a lower price but also you no waiting period! Let us help you understand all the facts when it comes to obtaining a guaranteed issue life insurance and you can decide what’s best for you. There are so many types of life insurance because every person and their needs are different. Finding the right type of life insurance will ultimately help you and your family in the long run. Guaranteed life insurance has…

0 Comments

Final Expense Life Insurance Guide + Quotes for Seniors

Final expense life insurance is popular with seniors because of its affordable price, smaller benefit amounts, and emphasis on covering funeral costs. Traditional life insurance policies such as term insurance are primarily intended to replace any income lost when a loved one dies. These policies are most important to families during the earlier years when we’re working, paying a mortgage, making car payments, and raising our kids. Once we’ve retired, paid off the mortgage, and the kids are out of the house, traditional life insurance policies aren’t needed as much. What we do need is a way to pay for any expenses we leave behind when we pass. According to the National Funeral Directors Association, the median cost of a funeral can be over $9,000. With no way to pay…

0 Comments

Life & Burial Insurance For Seniors Over 80 Does Exist?

Life & Burial Insurance For Seniors Over 80 Does Exist? #LifeInsurance #BurialInsurance #SeniorLife #lifeinsuranceforsenior #Seniors #burialinsuranceplans #finalexpenseinsurance Yes, life insurance for senior citizens over 80 does exist. In fact, coverage with no waiting period is still possible even at this age. In this guide, we’ll lay out all your options, low cost companies, quotes, how to qualify and explain the application process. What Options Are There For Life Insurance For Seniors Over 80? Yes you can buy life insurance for seniors over 80. At 80+ whole life insurance is usually the only kind available. Most seniors at this age only need life insurance to cover funeral costs, so you’ll often see policies at this age referred to as burial insurance plans or final expense insurance. Here’s how a whole life…

0 Comments

Senior Citizen Whole Life Insurance Can I get it Online?…

Is there whole life insurance protection available to senior citizens? Yes. There are even guaranteed issue whole life insurance policies available for seniors with health issues. Whole life insurance provides guaranteed lifetime protection to last your entire life. It provides a death benefit and builds cash value from which you may take a loan. With […] Senior Citizen Whole Life Insurance — Life Insurance Plans Online Is there Whole Life Insurance for Senior Citizens... Senior whole life insurance offers you a quick and easy way to get up to $25,000 of permanent life insurance to last your entire lifetime. Many seniors choose to buy a whole life policy to help provide the money needed to cover the cost of their final expenses. With guaranteed-issue final expense coverage your life insurance is…

0 Comments

The dangers of letting your life insurance lapse…

It’s one of the life insurance industry’s best-kept secrets – a great number of life insurance policies in the U.S. tend to lapse, meaning the coverage runs out and is not available if you die. Some studies claim as many as 80 percent of policies will lapse before a payout is due. However, the reasons behind this phenomenon are far more complicated and avoidable than you may realize. Typically, life insurance policies have a 30-day grace period for paying your premium. If you forget to pay your premium within that time, your policy will be canceled. That can be disastrous for an older person who has health problems that he didn’t have when he initially bought the policy.  Another major reason for lapsing policies is that people buy more coverage than they…

0 Comments

Is Life Insurance Policy Lapse the end of the story? Maybe not! …

Maybe you’ve heard (or experienced) the tragic story of someone becoming ill, forgetting or being unable to pay their life insurance premium, only to see the policy lapse at the time it is needed most. It’s more common than you may realize, and at our law firm we see it quite often. It is terribly unfortunate. What most people don’t realize, however, is that there is law in California that may come to the rescue. That law is known as the “notice prejudice” rule. The rule emanates from a judicially created doctrine dating back to at least 1963, when the California Supreme Court decided Campbell v. Allstate Ins. Co. (1963) 60 Cal.2d 303, 305. The rule is simple: it prohibits insurers from denying insurance benefits on the ground that the insured presented…

0 Comments

Is group life insurance enough for you and your family?

Life insurance is a fundamental part of one’s financial safety net. But having life insurance and having enough of it are two different issues. In fact, the Life Insurance and Market Research Association (LIMRA) estimates that only about a third of life insurance shoppers believe they have enough coverage.1 “It’s smart to periodically review whether your existing coverage is adequate, and open enrollment period is a good time to do it,” said Lee McGowan, managing director at Monument Group Wealth Advisors, in Concord, Massachusetts, in an interview. (How much do you need? Life insurance calculator) Employer-provided life insurance If offered without cost, you should always take part in your employer’s group plan. “Take it, no questions asked,” said Sean Flynn, a financial advisor at Essex Financial Services in Southport, Connecticut, in…

0 Comments

10 effective medication management tips for seniors…

Follow these tips to help your aging parent prevent medication-related health hazards: 1. Review your aging loved one’s medications with their doctor. Write down the names and dosages of all medications they take and how frequently they take them. Include over-the-counter drugs, vitamins, and herbal supplements, too. If your parent sees multiple doctors, it may be helpful to write down who prescribed each medication and what it treats. Go over this list at your next appointment with your parent’s primary care doctor. The more information your loved one’s doctor has, the more accurately they can pinpoint any potential adverse effects or drug interactions. 2. Ask questions and read medication labels. If your parent is starting a new drug, ask the doctor questions, such as how and when to take it, and if it…

0 Comments

Why Medication Management Is Essential For Seniors: avoiding medication errors…

You may have become used to seeing multiple bottles of pills or other medications on your aging parent’s cabinet or counter, but polypharmacy — the regular use of five or more medications — can pose a serious health risk to seniors. Each year, about 350,000 people are hospitalized after visits to the emergency room because of adverse, or harmful, drug events, according to the Centers for Disease Control and Prevention (CDC). Medication management is an important preventive measure to avoid potentially serious health hazards in seniors. Older adults often take multiple medications, vitamins, and supplements to treat different symptoms and health conditions, which can increase their risk of medication mix-ups. In some cases, these simple mistakes can become dangerous and even fatal. Other factors that increase the risk of health…

0 Comments