When Seniors Still Need Life Insurance

As people age, it may seem less important to have life insurance. You may be retired, own your own home outright or have adult children who are self-sufficient.

But there still may be some situations where you need life insurance. So before you let your policy lapse consider these reasons, says a story on dailyfinance.com:

  • You still have debts or are still working.
  • You still have dependents.
  • You want to leave a charitable legacy.
  • Your estate is subject to taxes.
  • You want another investment.

If you have questions about estate planning, feel free to contact us for a consultation at (626) 696-3145.

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