(PRWEB) April 11, 2014
Seniors who have suffered from cancer in the past will have to struggle to find affordable life insurance. Agencies are more likely to insure elderly people if a long period has passed since any cancer symptoms were spotted and so the patient has been cured completely.
There is a type of life coverage that can insure seniors who have survived cancer. These plans are called final expense insurance. They provide permanent coverage, but have a limited death benefit. The benefit is graded, which means that the agency will not pay proceedings if the insured dies in the first two years after the beginning of the policy.
Final expense insurance can help seniors cover funeral expenses. It is important to note that the medical history will have a big influence on life insurance premiums. Seniors should compare quotes by visiting an insurance brokerage website to find affordable coverage.
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