Let’s think about this: You’ve earned the majority of what you’ll ever earn over the past 40 years. You should have accumulated enough assets to retire and live happily ever after, right?
The ups and downs of the financial markets, however, have been an eye opener about how uncertain your (or anyone’s) financial future may be.
Most people think of life insurance only when they want to protect their family and provide a source of replacement income in the event of their death. They don’t think of it as a buffer to replace lost assets due to market volatility—for example, the market goes south and you die before you have the time to rebuild or replace the lost assets.
They don’t think of life insurance as a buffer to replace lost assets due to market volatility.
Yes, I know. Your children are grown and gone. The mortgage is paid off. You have minimal debts. So, why should someone 60 or older consider purchasing permanent life insurance?
Here are some reasons for life insurance after age 60:
If you would like USA Mutual to provide you with a quote for Life Insurance or would like to speak with a Life Insurance professional click here to make any appointment.