Plan for your retirement with peace of mind - discover what happens to your life insurance when you retire. Ensure your finances are protected.
The best life insurance for retired military will come down to either VGLI or a private life insurance policy — the military life insurance options after retirement are the same as those for veterans, including VGLI, VA Life, and private civilian insurance. Two of the main factors you’ll ...
We know we are the exception and not the rule, the fact that I can stay home with Amy while, we hope, she begins to recover is a luxury, that her illness hasn’t depleted our savings is because we have and can afford good health insurance. We also know we have an amazing family ...
Life insurance provides financial security for millions of adults - including those who haveretiredor are older. Seniors looking for cheap life insurance should consider turning to term policies. They may not last as long as whole policies, and they won't provide cash, but they can still provid...
The notices were sent to "people in their 80s that had had [life insurance coverage for] a long time," said John Freeman, who retired from the retailer in 2002 and leads the retirees' association chapter in upstate New York. Sears had already shaved employee benefits during its decades of...
Ellison F. Beckwith Retired life insurance agentMark A. Brunelli, Globe Correspondent
Whether you’re planning for retirement or are already retired, you may be interested to learn more about other American’s retirement goals. You may also be curious about your options for medical and life insurance. Given that many older adults face, or already experience, a variety of health...
Many people associate buying life insurance with younger couples starting a family or buying a home, but seniors may still need to financially protect their family. You may want to replace a group policy that ended when you retired, get coverage for funeral expenses or leave a financial legacy...
Whole life insurance: As a type ofpermanent life insurance, these policies do not have an expiration date as long as you keep paying the premiums.Whole lifecan be useful for lifelong needs and is often a key component ofestate planning. Whole life insurance can also includecash value, which ...
Many people no longer need life insurance once they reach their 60s or 70s. By this age, they have retired, their children are grown, and they've paid off their mortgage and other debts. However, others prefer to keep life insurance later in life so they can leave a larger inheritance,...