Insurance Blog

Seniors Whole Life Insurance offers lifetime life insurance protection for seniors. Unlike term insurance, which only covers you for a stated term, such as ten, 15, 20 or 30 years, whole life insurance covers you for your entire life and is usually paid-up by a certain age listed on the policy ...
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Term insurance could be a good short-term solution. Seniors Term Insurance is term life insurance marketed directly to seniors usually as a means of covering final expenses. However, term insurance only covers you for a stated term and duration. It can be for a stated number of years, such as ten 20 or 30 years or to a certain age, such as term to 75, which expires at age 75. If one is looking for coverage for final expenses, they must pass away within that ...
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Seniors Guaranteed Issue Insurance is guaranteed issue life insurance marketed directly to seniors for the purpose of covering final expenses ...
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Those who buy Seniors Funeral Insurance are generally concerned with relieving their family from the burden of having to pay for their funeral and other final expenses and debts ...
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Seniors burial insurance is insurance for seniors that covers burial expenses when you die. These are generally smaller policies with coverage amounts designed to only cover the cost of a burial in Canada. The typical cost of a burial in Canada, according to CanadianFunerals.com, is between $5,000 and $15,000. In the industry, it's known as "The Good Turn Out" price because that's what most people say they want when it comes to a burial. It includes just a basic burial without embalming, dressing, and viewing, ...
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We all know that as you get older, your health becomes much more of a concern and many assume that their various health problems, along with their advancing age will disqualify them from being able to purchase life insurance ...
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You have worked hard to build a fantastic life for yourself, but what is that life worth if you don't protect it? Your financial advisor has likely given you several pieces of advice that will help you keep your future. The first piece of advice is to set aside at least three months earnings for unexpected emergencies. The second piece of advice is to prepare for the worst. That "worst" situation for a family would be the sudden death of a breadwinner, especially one who ...
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Did you know that only two thirds of Canadians have life insurance? Among the reasons why some Canadians are uninsured is the thought that there is no life insurance for the sick. Life insurance companies only underwrite healthy people because they are low risk, right? Wrong. There is such a thing as life insurance for the sick, and it is likely far more affordable than you think. Of course, the younger and healthier you are, the easier it is to obtain life insurance for a ...
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Passing away is not known as a jubilant time for anybody involved in the process – the deceased, the family, the friends, or the coworkers. Passing is always accompanied by grief, a profound sense of loss, and many arrangements to be completed in a short period of time. With this being said, if you have recently lost a loved one and want to learn more about graveside service, doing some research into this and other aspects of funeral arrangements could help you give your loved ...
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You've heard it all your life – the importance of life insurance. When you have people depending on you financially, your sudden passing could leave them missing more than your loving presence. Being financially destitute could add to their stress. The younger and healthier you are, the easier it is to get life insurance; but what about retiree life insurance? Thankfully, seniors – even those not in the best of health – have life insurance options. Retirement is no joke. It comes around for many ...
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