life insurance on my spouse

BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS

Life Insurance: Can I Insure my Spouse? | CompuQuotes.com
Mar 26, 2008 . The short answer to this question would be: yes, you can insure your spouse. You cannot, however, do so without his or her knowledge.
http://www.compuquotes.com/life-insurance/guides/Life-Insurance-Can-I-Insure-my-Spouse.html

Can I purchase life insurance on my husband without his signature ...
Jan 19, 2008 . My husband is 41 years old and in perfect health but he won't get life insurance because he thinks nothing is going to happen to him. Is it legal .
http://answers.yahoo.com/question/index?qid=20080119224953AA78TQd

What About Purchasing Life Insurance for my Spouse and Children?
What About Purchasing Life Insurance For My Spouse And Children? Although there are certain circumstances where you might consider buying life insurance .
http://www.pacificguardian.com/index.php?id=24

Term Life Insurance for my Wife failed attempt #1 | My Financial ...
Dec 27, 2006 . I recently went ahead and finally got the ball rolling as far as getting a life insurance policy for my wife. Seeing as how we already have one kid .
http://myfinancialjourney.com/archive/term-life-insurance-for-my-wife-failed-attempt-1

Should I get term Life Insurance for my wife and me at $50 a month ...
There are a number of things you have to consider. What is the length of the term contract. 10 year, 20 year, 30 year. Can the term be converted to .
http://askville.amazon.com/term-Life-Insurance-wife-$50-month-$500-000-dies/AnswerViewer.do?requestId=75789918

Term Life Insurance (for healthy seniors)

Key features:

  • Medical examination required, to prove that the insured is in good health
  • Should I Purchase Life Insurance on My Spouse? | eHow.com
    Should I Purchase Life Insurance on My Spouse?. Purchasing life insurance for the primary income earner of the house is generally advisable as it guarantees .
    http://www.ehow.com/info_7750505_should-purchase-life-insurance-spouse.html

  • 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

Does my Spouse Have Enough Life Insurance
Take the time to ensure that your spouse has enough life insurance by asking the right questions.
http://www.lifeinsurancefactcheck.com/does-my-spouse-have-enough-life-insurance/

 

 

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