BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS
LIC - Life Insurance Corporation of India
Comprehensive life insurance policy with stress to the rural areas and to the socially and economically backward classes.
http://www.licindia.in/
Corporate-owned life insurance - Wikipedia, the free encyclopedia
Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or .
http://en.wikipedia.org/wiki/Corporate-owned_life_insurance
Ameritas Life Insurance Corp.
At Ameritas Life Insurance Corp., a UNIFI company, we offer life insurance; annuities; retirement plans; group dental, eye care and hearing care insurance; .
http://ameritas.com/
Home | Pacific Life Insurance Company
Founded in 1868 the company offers life insurance, annuities, investments, and a variety of other products and services. A customer service section for account .
http://www.pacificlife.com/
New York Life Insurance Company - The Company You Keep
Life Insurance, Annuities, Long-Term Care Insurance, and Mutual Funds from the Company You Keep.
http://www.newyorklife.com/
Prudential | Retirement, Life Insurance, Real Estate, Benefits
MyTerm Life Insurance — Offer It to Your Customers. Earn revenue for your bank by offering clients MyTerm ® life insurance from Pruco Life Insurance Company .
http://www.prudential.com/
Term Life Insurance (for healthy seniors)
Key features:
- Medical examination required, to prove that the insured is in good health
Ohio National Online
Ohio National Financial Services is a group of insurance and financial services companies. . Product Issuers: The Ohio National Life Insurance Company .
http://www.ohionational.com/- 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
Cincinnati Financial Corporation
Protecting you and your family with homeowner, auto and life insurance. . Cincinnati Financial is the highest scoring large-cap company among the Forbes .
http://www.cinfin.com/
