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Insurance basics for mature women
Statistics show that many older women are either
uninsured or underinsured. Some women feel that they have no need for
insurance, while others may believe they can't afford life insurance on
a fixed income. Or perhaps they haven't had to handle the family finances
until this phase of their lives.
Whatever the reason, mature women cannot afford to be
without life insurance. It is one of the best ways to ensure your family
will not be left with your debt when you die, nor will they be burdened
with the expense of burial or cremation. You may also want to leave a
nest egg for your children or grandchildren -- the proper amount of life
insurance will allow you to do all of these things.
It is also important to note that as you become older,
life insurance is more difficult to acquire -- especially if you become
ill. So you need to think about it now.
For most mature women, Universal
Life or Whole Life represent
the best types of coverage, because they offer cash value accumulation
in addition to a death benefit. Therefore, to plan for your future and
make sure you and your family are protected, review your options and find
the insurance that's right for you.

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Buyer
Beware!
The viaticals investment craze. By Valerie Benson. Winter 1999. |
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