There’s no sugar-coating it — purchasing life insurance coverage over 55 is much more costly than purchasing it whenever you’re 35. That’s because there’s an increased risk that the insurance coverage business will have to cover down. There are numerous policy choices to pick from, and they’re all perfect for something. That will help you navigate, I’ll walk through each kind.
Even at 55, term life is an option that is great it is an easy item plus the premiums are less than along with other choices.