Senior term life insurance basics explained by Online Insurance Marketplace

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Online Insurance Marketplace (, announces new blog, “Senior term life insurance basics!”

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Online Insurance Marketplace has released a blog presenting the basics of a senior term life insurance!

The blog presents the common misconception surrounding senior term life insurance: It is well-known that the younger and healthier one is when applying for insurance, the lower the rates will be. It is natural to assume that elderly people will get higher premium rates. Actually this is untrue because insurance companies developed policies that are meant to fulfill the needs of most senior citizens. For the ones that are feeling their health condition is starting to alter, they can opt for no medical exam life policy. Insurance policies such as guaranteed acceptance insurance or simplified issue insurance solely ask for the completion of a form with medical related content. There are companies that offer low rates for senior suffering from diabetes or high cholesterol as long as the disease kicked in after the age of 50.

Russell Rabichev, Marketing Director of Internet Marketing Company states, “Taking into consideration the fact that the number of senior people who are looking forward to purchase life insurance is increasing continuously, we are happy to explain the basics of a senior life insurance!”

Online Insurance Marketplace 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.

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Russell Rabichev
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