When planning for your future, one of the things you may consider is buying life insurance. Purchasing a life insurance policy can provide funds for your family after your death. If you live near Ankeny, IA, our team at Maschoff Insurance can provide the answers you may need about life insurance. We’ve been working with clients in your area since 2015.
What is Senior Insurance?
If you’re over age 50 and have been postponing the purchase of life insurance, now is the time to buy a senior insurance policy and save money. According to My Top Insurance Blogs, a senior life insurance policy is designed to be purchased by clients who are over age 50. These policies cover the cost of funeral expenses, as well as other end-of-life expenses. These policies were created for seniors who have had term insurance but whose term insurance has expired.
According to My Top Insurance Blogs, some policies will allow you to buy and purchase senior life without a medical exam. Your senior insurance policy can potentially replace the value of your pension or pay for medical expenses, funeral costs, or estate taxes. The same website reports that eligibility for senior life insurance will end at age 70. After age 70, if you want life insurance, you must buy whole life insurance.
Call Us Today for Your Appointment
Although thinking about your eventual death may be uncomfortable, life insurance will help your family get through that difficult time. Clients in the Ankeny, IA, area will find our agents knowledgeable and easy to talk to. Each team member at Maschoff Insurance is dedicated to providing excellent customer service and helping you find the policy you need. Call us for an appointment today, and let’s talk about insurance.
