On average, Americans die with $61,000 in debt, not including burial expenses – @ MSN.com
None of us like to think about the worst happening. That’s why it’s essential to have life insurance. An excellent policy could easily help cover a mortgage, provide a lump sum gift to loved ones as well as safeguard them from inheriting your debts.
Unfortunately, a shocking number of seniors do not have life insurance, which could leave their family financially devastated if the worst should happen.
The reason, according to recent studies, is most seniors think they have to pay three times more for life insurance than they need to. The reality is, you can find very affordable policies regardless of your age if you know where to look.
Senior Life Insurance Doesn’t Have To Cost A Lot
Life Insurance provides an online service that senior consumers can use to get free life insurance quotes, and many are shocked at the results they find. Most seniors can’t believe the available rates are real, but the truth is, life insurance rates are at a 20-year low. And, thanks to new policies, it’s now easy to qualify for up to $250,000 in coverage or guaranteed acceptance plans with no medical exam for low as $15/Month.
Because of this, smart seniors now use online tools to receive fast and free life insurance quotes. The system works so well that you will be able to compare different options side by side and make the best decision based on your needs. It’s no wonder why so many seniors are saving money by using this simple tool rather than spending weeks trying to contact and compare options with various life insurance providers.