#Affordable life insurance for elderly Affordable life insurance for elderly
Affordable life insurance for elderly ******* How Do I Buy Life Insurance for My Elderly Parents? Do you need to buy life insurance for your elderly parents? Maybe you realize that your parents have no coverage or there is not enough. If you are concerned about the costs you may incur when your parents pass on, then it is a great idea to make the move to get an affordable policy to cover the costs of their funeral and final expenses. In most cases, this is easy to do and provides peace of mind for everyone. Do My Parents Have to Be Involved In the Process? The answer to this is yes. First, in order for you to obtain an insurance policy on one or both of your parents, a company will look to see if there is an insurable interest between the insured (your parent) and the owner or payor of the policy (a child or another loved one). An insurable interest simply means that a person would suffer a financial or other kind of loss upon the passing of the insured. In most situations, ...
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