(PRWEB) January 21, 2014
Term life insurance is a temporary policy, but its affordable prices and high coverage values make it one of the best life insurance plans available. Term life insurance is available for clients older than 50 years. Many states require agencies to sell life insurance to healthy seniors who are not older than 65 years. By purchasing a term life insurance policy, clients can provide financial security for their loved ones.
Term life insurance is a temporary plan which means that it will be active for a limited period of time. The insured can choose a coverage period between one to 30 years. The most common policies however last 20 years. After the policy expires, the insured will no longer be covered and his or her beneficiaries will have no claim over the insurance money. However, most term policies can be renewed, without having to go through the application process again.
In order to qualify for a term life insurance policy, clients will have to go through several medical examinations like blood and urine tests. Seniors may find this process tiresome and because of their health condition, they may not be eligible for a plan. Seniors and people with pre-existing conditions have higher chances of being eligible for a policy if they apply for a term life insurance plan without medical examinations.
“Term life insurance is a great investment for people who are older than 50 years! Life coverage can provide the financial stability every household needs,” said Russell Rabichev, Marketing Director of Internet Marketing Company and Over50lifeinsurance.net.
Over50lifeinsurance.net is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://over50lifeinsurance.net/.