High Risk

It is true that life insurance for seniors have a higher premium as compared to people insured at a younger age. Most of them are already considered substandard due to their current health condition. We currently have a single premium variable product, meaning you get to dictate how much premium you’re willing to take despite your age. Word of caution though, when claiming benefits or surrendering your policy, there are still other charges where age is highly significant. Still, don’t let this fact discourage you from getting a life insurance. As I’ve said before, for your peace of mind, please get one.