Burst 5 Myths Around Senior Life Insurance Over 70

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Burst 5 Myths Around Senior Life Insurance Over 70
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• We all know how an insurance cover plays a
  significant role in our life, especially during
  the retirement years. When senior citizens who
  are 70 years or older want to purchase or renew
  their insurance cover, they may come across myths
  like its already late or not worth it because of
  the higher premiums and deteriorating health
  conditions. But some independent insurance
  agencies like CHES Life offer tailor-made
  coverage that suits ones budget regardless of
  their age. The professional agents from these
  agencies help you choose a senior life insurance
  cover that lets you live a carefree life.

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Lets burst 5 insurance myths for seniors over 70
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Myth ?1 No need to have life insurance coverage
for senior over 70

• It is the most common myth among senior citizens.
  During your 70s, you either stress about the
  expenses on foreseeable health issues or ways to
  cover debts. But having senior life insurance
  lets you free from these dilemmas. Senior life
  insurance helps you cover debts, secure your
  family, leave behind something for a cause, and
  cover your final expenses without being a burden
  on your family.

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Myth ?2 There arent any life insurance plans
for seniors over 70

• In Canada, a few years back, there werent enough
  agencies offering insurance coverage for seniors
  over 70. But nowadays, agencies are widespread,
  and they offer specific or tailor-made policies
  for seniors. Insurance companies like CHES life
  offer an Over 50 Life Insurance plan that
  provides excellent benefits to seniors over 50.
  They guarantee permanent protection for a
  lifetime at affordable rates. Such policies will
  help seniors who have lost insurance coverages
  after retirement or in need of protection against
  foreseeable health conditions.

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Myth ?3 No insurance coverage for seniors with
health concerns

• Because of such myths, seniors dont secure
  themselves against an insurance plan. However,
  its not true as there are insurance agencies in
  Canada providing senior insurance plans covering
  health issues. It may include a higher premium or
  minimum returns, but it will help you protect
  yourself during deteriorating health conditions.
  A medical check-up is recommended in such a case
  to ensure and have a clear idea about the
  coverage.

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Myth ?4 Senior insurance plans are expensive

• Seniors over 70 assume to get coverage only at
  higher premiums. However, there are a few
  policies available in the insurance market at
  affordable premiums with higher benefits.
  Guaranteed Universal Life (GUL) policies are
  recommended to seniors over 70 due to their
  affordable premiums and higher returns. They also
  let us choose payout amounts and provide
  guaranteed death benefits.

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Myth ?5 Medical check-up is mandatory for buying
a senior life insurance

• Most seniors over 70 are afraid to take an
  insurance cover due to its mandatory medical
  exam. But what they dont inform you is that some
  senior life insurance plans let you have coverage
  without a medical check-up. However, it is always
  recommended to have a medical exam because there
  is a chance of healthy seniors clearing the
  check-up. But if you dont even attempt it, then
  the company will mark you in the high-risk
  category even though you are healthy enough to
  benefit from premium coverages.

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• We hope to have burst some insurance myths
  circulating among seniors over 70. Choosing a
  perfect senior insurance policy is confusing and
  complicated. But professional agents at CHES Life
  will guide you through buying proper coverage
  that is affordable and provides excellent
  benefits.
• Learn more about our life insurance plans here.

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Thanks You