Pros and Cons of Term vs. Whole Life Insurance for Seniors

As people age, their need for life insurance may increase. Seniors, in particular, often face the challenge of obtaining coverage on a limited or fixed income. Final expense insurance like term and whole life can be helpful for seniors who want to leave behind some money to cover funeral costs or final debts. It’s important for seniors to understand the pros and cons of each type of insurance before deciding which is best for them. In this article, we’ll compare term vs. whole life insurance policies specifically as they relate to senior citizens so that readers can make an educated

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