Buying life insurance for seniors over the age of 75 years old without a medical exam helps you to plan for your family’s future.
A financial advisor can show you how long-term care insurance also works with life insurance to provide care for yourself, your spouse or partner, and any dependents. You will be glad you took the time to prepare for retirement so that everyone is taken care of financially when the day comes.
How life insurance works with long term care insurance
In case of your death or accident, your long-term care policy and life insurance pay if you can’t take care of yourself or need assistance at home. The beneficiary will receive the money from these policies to help pay for your long-term care, funeral expenses, or medical bills. Some older people do not want to burden their families financially after they are gone, so they choose long-term care policies plus life insurance.
There is nothing wrong with that attitude. The advisors at BofI Securities can help you decide which insurance policies are right for you. Ask us how you, or a loved one, can protect your family’s finances. Contact one of our licensed agents, who will explain the options in detail and make sure you understand the costs involved.
Contact us today to learn more about life insurance for seniors over 75 no medical exam. An expert will assist you and help you choose the right long-term care insurance policy for your needs. Our advisors can also go over how to purchase life insurance for the elderly over 75 years of age or older.
Also, Read;
Healthy Female Rates For $100,000 10 Year Term Policy.
| Age | Coverage | Monthly Premium | Annual Premium |
| 75 | $100,000 | $97.56 | $1115.00 |
| 76 | $100,000 | $117.51 | $1343.00 |
| 77 | $100,000 | $137.38 | $1570.00 |
| 78 | $100,000 | $157.33 | $1798.00 |
| 79 | $100,000 | $178.06 | $2035.00 |
| 80 | $100,000 | $198.10 | $2264.00 |
Healthy male Rates For $100,000 10 Year Term Policy.
| Age | Coverage | Monthly Premium | Annual Premium |
| 75 | $100,000 | $138.34 | $1581.00 |
| 76 | $100,000 | $161.09 | $1841.00 |
| 77 | $100,000 | $183.84 | $2101.00 |
| 78 | $100,000 | $206.50 | $2360.00 |
| 79 | $100,000 | $229.25 | $2620.00 |
| 80 | $100,000 | $252.00 | $2880.00 |
Does AARP offer whole life insurance?
There is no question that AARP offers whole life insurance, and it isn’t bad to accuse them of being too expensive. But regardless of the cost, you need to be as educated as possible in order to find the best option for your situation. You can’t assume that a policy from your retired parents or grandparents covered everything; they may have had a cash value or term which doesn’t apply when purchasing a second policy later on.
Can a 79-year-old get life insurance?
This blog post is about whether or not a 79-year-old person can get life insurance. The author of this article seeks to answer the question from a legal perspective.
A 79-year-old person cannot get life insurance in Florida, Maryland, Nebraska, New York, Tennessee, and West Virginia.
Conclusion:
It’s important to be financially prepared for your future. In this blog post, we share the benefits of buying life insurance for seniors over the age of 75 years old without a medical exam. It helps you to plan for yourself, your family, and your future.
It’s important to work with a financial advisor who will help you to understand how life insurance and long-term care insurance work together to provide coverage for yourself and those you love. If you have any questions or comments, please don’t hesitate to reach out to us. Thank you for reading, we would love to hear from you!