No Medical Exam Life Insurance for Seniors Can Cover Important Last Expenses
Topseniorlifeinsurance.com (http://topseniorlifeinsurance.com/) announces a new blog, Can Senior Life Insurance Cover Funeral Expenses?
(PRWEB) February 27, 2014
Nowadays, a funeral is very expensive and it can be a serious financial strain for many families. Seniors can help their families cover high last expenses by purchasing a life insurance plan. Life insurance is available without having to take a medical examination. This makes the policies more accessible and faster to purchase.
No medical exam life insurance is a good choice for seniors who want to cover their funeral costs. Life insurance guarantees a death benefit which will be paid if and after the insured passes away. This means that by having life coverage, seniors will provide a large sum of money for their families. The beneficiaries can use the money in any way they please and insurance proceedings are not taxable.
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Life insurance plans can be purchased by over 65 years old seniors. Although these policies are more expensive, they are accessible even to seniors who have health issues. Final expense insurance provides permanent coverage and guarantees a small death benefit, not exceeding $ 50,000.
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For more information, please visit http://topseniorlifeinsurance.com/.