BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS
Life Insurance and Other Financial Solutions
The OneAmerica companies can assist you with solutions for life insurance, long- term care, investment or retirement needs. Throughout your lifetime, you and .
http://www.oneamerica.com/wps/wcm/connect/oa/OneAmerica/Market+Identity/Life+Insurance
Insurance Agency | Lancaster PA | Car, Home, Life & Health Insurance
Lancaster county insurance agent providing car insurance, health, homeowners and business insurance.
http://www.rossinsuranceagency.com/
Arbor Insurance Group | Pennsylvania Insurance | Allentown PA ...
PA Life Insurance. Pennsylvania life insurance is necessary for people of all ages ; it is much more important than many realize. But, purchasing the right .
http://www.arborinsurancegroup.com/
The Weimer Group | Pennsylvania Insurance | Harleysville ...
Having a Pennsylvania life insurance policy is important no matter your age. Do you know which PA life insurance policy type is right for you? The Weimer Group .
http://www.theweimergroup.com/
Missouri State Employees Voluntary Life Insurance Commission
The commission administers a voluntary life insurance plan for state employees. The plan allows state employees to authorize voluntary payroll deductions for .
http://oa.mo.gov/bc/lifeinsurance.htm
Office of Administration | State Employment Information for Job ...
Basic Life Insurance: Term life insurance coverage, equal to one times . of their salary on a tax-free basis to pay for state-sponsored medical and group term life .
http://oa.mo.gov/pers/benefits.htm
Term Life Insurance (for healthy seniors)
Key features:
- Medical examination required, to prove that the insured is in good health
PA Insurance Department Directory
Bureau of Property & Casualty insurance. Chuck Romberger. Director 717-783- 2103 cromberqer@state.pa.us. Bureau of Life Insurance. Brad Harker. Director .
http://www.portal.state.pa.us/portal/server.pt/document/699672/section_10_pdf- Insured covered up to the age of 90 or 95 (depends on insurance company guidelines)
- Premiums increase towards the end of the Term
- Many seniors outlive the fixed term so look for a policy that can be converted to whole life insurance
- Consider purchasing Burial Insurance also, should the senior outlive the Term
Burial Insurance (for healthy seniors)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Moreover, cash value increases over time
- If the insured is healthy, then you receive full benefit the day after you pay your first premium
- Coverage cannot be canceled as long as you pay your premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Graded Benefits Burial Insurance (for seniors with health problems)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Policy increases in cash value over time
- You typically only get partial coverage for the first two years, and the full insured amount only in the third year of the policy
- Insurance company cannot cancel coverage as long as you pay premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Gannon Associates | Pennsylvania Insurance | New York Insurance ...
Life insurance provides financial security for your beneficiaries and can sometimes also be used during your lifetime. Whether you are in NY or PA, we have life .
http://www.gannonassociates.com/
