Which life insurance policies are ideal for seniors?
Life InsuranceDec 27, 2024 | Christopher Martinez, Houston, Texas
What types of life insurance policies are best suited for senior citizens?
What life insurance policies are best for seniors looking to secure their financial future? What should I consider as I approach retirement?
Answer
Head of Insurance, MoneyGeekUpdated December 27, 2024
It is either whole life insurance or universal life insurance. The reason is that term life insurance may expire worthless if an older parent ends up living longer than the term of the insurance.
Other Topics About Life Insurance
Life
Average Cost of Life Insurance in May 2024
27 Dec 2024
Life
Best Life Insurance for 60-Year-Olds in January 2024
27 Dec 2024Life
Drownings Reach a 5-Year High, and 1 in 5 Victims Are 19 or Younger
27 Dec 2024
Life
Term vs. Whole Life Insurance
27 Dec 2024Life
"Can You Buy Life Insurance on Your Parents? "
27 Dec 2024
Life
Average Cost of Life Insurance in May 2024
27 Dec 2024Life
How Does Life Insurance Work?
27 Dec 2024
Life
Is Life Insurance Worth It?
27 Dec 2024
