(PRWEB) April 03, 2014
Whole life insurance can provide essential income during retirement, if the policy was purchased when the insured was younger. Although seniors can qualify for permanent coverage, whole life insurance may not be the right type of coverage for them.
There is a new policy that provides permanent life coverage and it can be bought by seniors who are over 65 years old. This plan is known as final expense insurance, and as the name suggests, it is a policy meant to cover funeral costs. It provides permanent coverage without asking the applicant to go through tiring medical examinations.
Clients can find more about final expense insurance by reading some informative articles on the subject. They can also compare quotes. Comparing and reviewing plans can help people learn more about this type of coverage and it will also help them find cheaper plans.
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