Best Life Cover For Over 60. Aged over 60 and looking for affordable life insurance policy. But before committing to coverage be sure to compare multiple insurance companies to get the best possible deal.
Its a fact that the older you get your options for life insurance changes. Are you looking for the best life insurance for seniors over age 60 70 or 80. From those you can pick the cheapest.
So it could be something to consider if you want to leave a gift for your loved ones or contribute towards your funeral costs.
Most of the discussion over affordable senior life insurance policies for people over 60 centers on whole life insurance. There are some very specific. You have the option of choosing whole life insurance term life insurance or a specialized over 60 life insurance policy. For estates worth more than 325000 a tax of 40 is applied to the remaining amount.