- 3,992
What state you’re in and if it would be face to face or remote sales would have a lot to do with what people are offering.
Is there really any affordable life insurance for senior citizens?
- Thread starter Carl Beigle
- Start date
- 29,503
Ouch!!!
- 2,625
Start with the guy who does your home and auto insurance and see if he sells life insurance through his office. If he does, at least you'll get some options and prices and you can go from there.
- 3,992
Yikes, no. Find a life guy that works with numerous life ins companies.
- 16,895
Only a very small portion of P&C agents are truly competitive with life insurance for seniors.
- 1,405
Are both pension incomes about the same?
For example, if you were receiving $24,000 per year, and your wife was receiving $24,000 per year, the total would be $48,000 per year. If one of you die, the survivor would have their income drop to $24,000 + (50% of $24,000). I think you will find that the survivor might actually be financially ahead, if those were the numbers.
Do you have any assets? Do you have a home? Do you have any debts?
It sounds like you want enough funds to take care of the final expenses of the spouse who dies first. What do you imagine that to be? Have you considered talking to a funeral home about pre-planning a funeral in order to control those costs?
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Avatar says NY
No mention of pension by OP, only SS.
- 1,405
SS is a pension. Is that all there is?
As a general rule SS income is not referred to as "pension income"
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