Final Expense Vs Term

[WinoBlues]

I don't think you would find a term company that would sell a 30- year term policy on a 60-year old. It's WAY too likely they would die during the term.

You could use a UL. But again, they would have to be reasonably healthy. Not someone that would have to go with GI.

Agreed.

With my 62 yo smoker Americo would go 25 yr term at $123. But Sagicor GUL would be $113. to age 121. Not sure what a FE would be, But it would be higher.

 

[Newby]

Gotta say, I really appreciate the way NEWBY treats and responds to green horns and people in general on this board. Very professional, courteous, patient and helpful. Gives me hope that there are still decent people in the world. Some folks on this board make it a blood sport sometimes in tearing apart rookies and people in general.

Thank you. I always try to remember that I was a NEWBY once.

Still am on a LOT of subjects.

 

[Lorraine12]

Insurancemanmike, i agree! i have no idea why people act that way on here but i believe in karma! Newby probably has really goood luck

 

[RichMcK]

Lorraine, the IMO u went through with your contracts should be able to assist you on these types of questions. Break down individually by age, health condition, tobacco use, gender and if you know the prescriptions. Best wishes!