Life Insurance for Seniors
A contract between a private insurance company and an individual that pays a lump-sum death benefit to a beneficiary in exchange for premium payments over the lifetime of the policy holder.
Life Insurance Articles
6 Essential Differences between Permanent and Term Life Insurance
Permanent and term life insurance have many differences and fit very different needs. It's important to understand both types to find the right coverage for you and your family.0 Comments
4 Life Insurance Options for Seniors
There are life insurance options available for seniors, but finding the right policy can be tricky.7 Comments
How to Use a Life Insurance Policy to Pay for Long-Term Care
Unsure about how you will be able to pay for elder care? Learn how to convert your life insurance policy into a Medicaid-qualified asset.23 Comments
Do Life Insurance Policies Affect Medicaid Eligibility?
Under certain circumstances, life insurance policies are considered countable assets and can affect Medicaid eligibility. Some seniors must include their life insurance policies in their spend-down strategy to qualify for Medicaid long-term care services.25 Comments
Life Insurance Questions
Does anyone know how life insurance pays out a beneficiary?11 Answers
I have a universal life insurance policy. I need to give it up as I can only have $2000.00 in assets. Any advice?4 Answers
How do I find out about my dad's life insurance my sister is handling?4 Answers
Can a nursing home ask you to surrender grandchildren's life insurance policies?9 Answers