Category: Finance

Final Expense Life Insurance – All You Need to Know!

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Final expense life insurance is a policy designed to cover the insured’s funeral expenses. In many ways, it works like any other life insurance plan, but there are some important differences. This policy is usually sold to senior citizens or to people who have health problems. In this blog post, we will discuss all the important aspects of final expense insurance. Knowing more about a plan will help you make the right decision when it

Posted in Finance, Insurance, Retirement

Final Expense Life Insurance for Seniors – 5 Reasons to Buy a Plan!

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Final expense life insurance for seniors is a low cost policy that has important benefits.  We present you the most important 5 reasons to buy a plan: 1)     Final expense life insurance will help the family pay the funeral costs. This is the main objective of this policy. A decent funeral costs more than $10.000 and this is just for basic services and materials. If you want to offer something more honorable and memorable, you

Posted in Finance, Insurance, Retirement

No Exam Life Insurance for Over 65 Years Old Seniors!

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A venerable age does not bring only respect and appreciation from your fellow friends, but also a series of disadvantages. Some services can become unavailable once you reached 65 years, which is usually the age of retirement.  If you do not own a life insurance by the time you retire, finding it after that can become more difficult. Not so many insurers are willing to accept retired citizens as clients, since they earn little and

Posted in Finance, Insurance, Retirement

Can Senior Life Insurance Work As An Inheritance?

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Applying for life insurance is a delicate matter, with deep impact on the budget of the applicant and nobody should be hasty to do that. This matter must be thoroughly analyzed, determining the factors that will influence the rates and the chances of being accepted.  We all want financial stability in a world that recently recovered from an economic crisis. First we must know why we want to purchase life insurance and for how long

Posted in Finance, Insurance, Retirement, Taxes

Can Senior Life Insurance Be Profitable During Retirement?

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Being retired implies less stress and less efforts in obtaining money.  We like to think that during these final years of our life we harvest the fruits of our hard, laboring years. A person gets full retirement benefits around the age of 60-65 years.  Usually those financial benefits are lower than the income earned as employee. Balancing a budget during retirement can be a bit tricky.  This is why so many people are wondering if

Posted in Finance, Insurance, Retirement

Burial Insurance Rates: 3 Important Advantages!

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Burial insurance rates provide 3 important advantages that can help seniors get life coverage and cover their funeral taxes. Life insurance is a policy that guarantees a death benefit which will be paid after and if the insured dies. The ones who receive the insurance proceedings are called beneficiaries and are designated by the insured. Since burial costs are very high, many seniors are encouraged to buy a life insurance plan. After they pass away,

Posted in Finance, Insurance

Funeral Life Insurance Or Saving Money On Your Own? What Is The Best Way To Pay Burial Expenses?

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Is it better to buy funeral life insurance or to save money on your own in order to pay for burial expenses? Many people never thought about funeral costs. It is not pleasant to think about it, but it is still very important to consider last expenses. Funeral can be very expensive and your family members will have difficulties paying for your burial. When it comes to covering their own funeral costs, people have two

Posted in Finance, Insurance, Retirement

5 Tips For Finding Cheap Elderly Life Insurance!

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Getting affordable elderly life insurance might seem an impossible task. Few seniors dare dreaming about reasonable prices for their policy. But we can help you with 5 tips for finding cheap elderly life insurance: 1)      Analyze your budget. Estate planning is a difficult task, but it must be done with patience.  Calculate how much you are earning now, how much you will earn in the future and how much you are able to spend for

Posted in Finance, Insurance, Retirement

Low Cost Burial Insurance: Dream Or Reality?

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Death is a natural stage in the cycle of life. We cannot live forever, but our legacy must live more than we can ever do.  Try not to give your heirs a legacy of debt and a tumultuous financial status. The thought of putting the family members to a huge financial burden is the trigger for many to purchase burial life insurance. Nowadays we are bombarded with commercials that tell us about cheap policies. But

Posted in Finance, Insurance

The Mortgage Is Not Paid? Purchase Life Insurance!

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Paying mortgage is vital if you do not want to end up evicted along with your other family members. Generally a mortgage is paid after several years, time in which anything can happen. If the mortgage is not paid yet, you should purchase life insurance.  This will make sure that if you die, your family will not be left without any possibility of paying the remaining debts. Funeral life insurance is recommended if you do

Posted in Finance, Insurance

The Cost Of Funerals And The Importance Of Burial Life Insurance

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The cost of funerals continues to rise and you need to make sure that your family will have the financial means to pay for your burial. Getting cheap burial funeral insurance is one of the best ways to make sure that your death will not be a financial disaster for your loved ones. By having funeral coverage you can make sure that, at the time of your death, your family will be provided with enough

Posted in Finance, Insurance

How to choose the beneficiaries of your life insurance policy?

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It is difficult to think that someday you will no longer be near the ones you love and they will have to cope with your passing.  Purchasing a funeral life insurance for seniors will help them pass that sad moment and will financial aid them for paying the final expense bill. You must think about the legacy you want to leave behind, who will inherit your belongings and money. How to choose the beneficiaries of

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Why you must buy burial life insurance if you are suffering from heart diseases?

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Time is flying by and as the years pass by, we should consider more and more about saving money for our final departure. No matter how harsh it would seem but dying is not cheap. All the preparations and materials required for coffin and funerals can be extremely expensive.  Do not underestimate the prices. After someone’s death many legal formalities must be applied. Papers must also be signed to confirm and other decisions are compulsory,

Posted in Finance, Health and Fitness, Insurance

How to efficiently cover the funeral and burial costs?

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Funerals are much more expensive than some people imagine. Covering your last expenses is very important as you’ll spare your loved ones of a financial burden. On average, a funeral and burial costs about 10,000$. What needs to be covered? First, there are several formalities and taxes which need to be paid, when someone has deceased. Other arrangements like: the holding of the body, and choosing a burying place. Depending on how you want your

Posted in Finance, Insurance