We research and write about solutions for senior living. Seniors are important, and we want to help the greatest generation improve their finances, health, and quality of life.
What are Life Settlements For Seniors
Can you Get Paid Cash for Life Insurance Policies with a Life Settlement? Life settlements are growing in popularity. Most of the time an investor will pay cash for a permmanent life insurance policy. They hope to pay less than the face value of the policy, and make a profit when the insured person does pass away. In return, [...]
Read MoreWhy Do Seniors Buy Life Insurance?
Is Life Insurance For Older People? Many people associate life insurance with term products purchased for young and growing families. Certainly, those types of younger parents with kids and a mortgage would want to consider protecting their future in case one breadwinner dies. But many of us did not outgrown our need for a [...]
Read MoreUnderstanding Medicare Health Insurance Choices
When I speak to seniors, and their caregivers, about Medicare Health Insurance, I am always surprised by how little they understand about this vital benefit. For example, many seniors do not realize that they have to pay a premium for Medicare Part B. It is usually deducted from a retired person’s social security check, [...]
Read MoreWhat Is Burial Insurance?
Define Burial Insurance Policies
A burial insurance policy for seniors (and sometimes middle aged people) is simply a relatively small whole life insurance policy. Insurers recognize the growing senior market, and also the fact that actuary tables tell them people can expect to live longer than they could a decade ago. These whole life policies have [...]
Single Premium Life vs. Annuities
Compare Single Premium Life Insurance and Annuities
There are two popular products and financial advisors and insurance agents suggest for retirement. While they both come from insurance companies, and are similar in some ways, the differences are important. Are any of these products right for you? Which one is best? Let us look at single premium [...]
Life Settlements for Younger People
Can Younger People Sell Life Insurance Policies (life settlements)?
Most of the time we hear about senior citizens selling life insurance policies for cash. This would mean a life settlement minimum age of 70, or sometimes down to age 60. But is this age carved in stone, or can younger people take advantage of this solution [...]
