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(Life insurance over the age of 50) |
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Most of us are not concerned about life insurance when we are young, the one reason being we don't want to think about our death. But when we get closer to our retirement age we will be much more concerned and will start thinking about it seriously. Mostly will start thinking about insurance over the age of 50. | |||
In UK most of the insurance providers won't require medical checkup for starters in over 50 life insurance. Life span of people are longer than it used to be, because of which insurance companies have had to expand their insurance policy offerings to accommodate this new reality. Today an agent would still be quite happy to sell you whole life or another flavor of permanent life insurance, but the fact is that is much easier to buy a term life policy for yourself today if you're over 50. | |||
If you are over 50 and without a life insurance policy or would like to shop around for a better deal it's best to consider your options first. Despite going under the title of 'over 50s' insurance, not all policies are the same. The first question you may want to ask is 'what term do I need to be covered for?'. Term insurance is great value for money and works when you sign up for a certain length of time and your policy pays out if you die during this. | |||
It is possible to find affordable policies for more older people that it would have been a earlier. If you have not shopped for coverage for awhile, you may be very surprised by the premiums. Increased life spans and lower costs of doing business have helped. | |||
In the UK over 50 life insurance is a strongly growing market. There are extensive advertisement programs and the providers also offer several incentives. So it is better to compare the different offers in the market before selecting one. | |||
==starting points / ''points de départs'' == | ==starting points / ''points de départs'' == |
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