life insurance for seniors

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    Is It Worth It for Seniors to Get Term Life Insurance?

    Many retired households wonder if they need to get life insurance now. After all, while employees’ savings and 401(k)/IRA accounts follow them after they stop working, their employer-sponsored life insurance doesn’t. A whole life policy, however, is too expensive. Even the best term life insurance for seniors over 60 years old would cost less than a quarter of the premiums…

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