Life insurance after retirement

5
LIFE INSURANCE AFTER RETIREMENT

Transcript of Life insurance after retirement

Page 1: Life insurance after retirement

LIFE INSURANCE AFTER RETIREMENT

Page 2: Life insurance after retirement

DO I NEED LIFE INSURANCE AFTER RETIREMENT?

• MANY THINK THAT YOU BUY A LIFE INSURANCE POLICY TO PROTECT THE INCOME AND THEREFOR PAY A MORTGAGE OR SUPPORT A SPOUSE AND CHILDREN. SO WHY WOULD YOU NEED LIFE INSURANCE AFTER RETIREMENT? THERE ARE NO CHILDREN LIVING AT HOME AND THE HOUSE PAYMENTS ARE DONE OR MINIMAL. HOWEVER, THERE ARE MANY SITUATIONS TO STILL KEEP LIFE INSURANCE AFTER RETIREMENT.

Page 3: Life insurance after retirement

• STILL WORKING: OFTEN AMERICANS WILL CONTINUE TO WORK AFTER RETIREMENT YEARS. HAVING LIFE INSURANCE DURING THIS TIME WILL HELP TO COVER THE LOSS OF THE INCOME WHEN THAT PERSON PASSES.

• CHILDREN & SPOUSE: LIFE INSURANCE WILL HELP YOUR CHILDREN OR SPOUSE TO COVER THE BILLS OF A FUNERAL. THIS WILL ALSO HELP A SPOUSE WHO WILL LOSE BENEFITS FROM A PENSION OR SOCIAL SECURITY.

• DEBT: IF YOU STILL HAVE DEBT YOU ARE PAYING OFF, LIFE INSURANCE WILL HELP TO KEEP MONEY COMING IN AFTER A DEATH TO PAY OFF THE DEBT. THIS LARGE LOANS ARE USUALLY FOR A BUSINESS VENTURE OR REAL ESTATE.

Page 4: Life insurance after retirement

• HAVING A CHILD WITH A DISABILITY: INDIVIDUALS THAT WILL NEED TO CARE FOR A CHILD AFTER A DEATH WILL NEED A LIFE INSURANCE POLICY AFTER RETIREMENT. THIS CHILD WILL USUALLY HAVE CONTINUOUS MEDICAL CARE OR PAYMENTS TO AN ASSISTED LIVING CENTER.

• LEAVING A CHARITABLE LEGACY: AFTER DEATH YOU CAN USE THE MONEY TO COMPLETE A CHARITABLE DONATION TO A UNIVERSITY, HOSPITAL, ETC. UNDER YOUR NAME.

Page 5: Life insurance after retirement

THERE ARE MANY PEOPLE WHO RETIRE AND FEEL LIFE INSURANCE IS AN UNNECESSARY EXPENSE IN THEIR LIFE. IT IS IMPORTANT TO TALK TO A BROKER AND GET A LIFE INSURANCE QUOTE TO FIND OUT IF IT IS FOR YOU. VISIT INFINITE YOU LIFE TO GET MORE INFORMATION ABOUT THE BEST LIFE INSURANCE FOR YOU.

HTTPS://INFINITEYOULIFE.COM/