Best Type Policy Life Insurance Quotes for Elderly?

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Question by martin: Best Type Policy Life Insurance Quotes for Elderly?

Any suggestions on finding a reasonable life insurance policy for a man 54 about to turn 55 in a month with a spouse would be appreciated.

He has a soon to expire term life insurance policy at the present.

He wants the best for his money.

Is a term insurance policy still the best type of policy or would another policy be better?

Best answer:

Answer by Lauren F
A term policy is probably better, but will be much more expensive at this point. One option to consider is to get a job where life insurance is included as an employee benefit. If he is retired or doesn’t have this as an option, an alternative might be through his wife. Her job may offer spousal life insurance policies.

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