Hi, Boise.
"This is Chris with Boise Health and Life Insurance Agency. Hey, today we're gonna be talking about seniors, life insurance policies, and I'm gonna show you how to get a quote right online."
"Uh, you don't have to leave your house. You don't have to leave your office, and you don't have to have someone come over your house and putting any kind of pressure on you to buy life insurance."
"So let's just show you how to do this. Remember, we can help you with your health insurance or Medicare vision, dental, and home in Ottawa as well. All right, so this is our website.
www.goidahoinsurance.com"
"You can come into the life insurance tab here or just right here. Life insurance quotes. And this will take you to our online quote engine. Don't worry about putting in your name and everything."
"We're not gonna bug you. We're just here to help. And then just your first and last name Click next male or female right here. If you're in general, good health. Just put this one here for this type of policy."
"Doesn't matter because we're gonna be looking at pretty much a final expense or guaranteed issue type of policy. So, um, and here's your tobacco. Current tobacco. Yes or no? You're height and weight are also important. "
"And then your date of birth. So I am going to make myself about 70 years old. I want you to see what those premiums look like. Yeah, in older age. So you have an idea? Okay, we do offer term life, even for 70-year-olds."
"OK, so you can kind of see with those look like they're very it's very expensive. Now, that is a million dollars and coverage. Let's take it down to, let's just say 100,000 and coverage for 10 years, just $137 a month. Now, this is this would be an underwritten plan."
"So you have to go through an exam and, uh, and throw records. Health records check-up. Okay. That the insurance company would do Now, when you're in here for a senior plan over here, you would click on permanent What types of policies are going to adjust."
While precise cost estimates can be challenging due to the factors mentioned above, it's helpful to provide some general figures to offer a starting point for planning. On average, long-term care costs for a 70-year-old male in Idaho can range from $3,000 to $7,000 per month for assisted living facilities, and $7,000 to $10,000 per month for skilled nursing facilities. In-home care costs may vary but generally fall within a similar range depending on the level of assistance required.
Given the potential financial burden of long-term care, proactive planning is essential. Start by assessing current assets, retirement savings, and insurance coverage. Explore long-term care insurance options and consider consulting with financial advisors specializing in retirement planning and elder care.
While the importance of life insurance is often emphasized for young families and individuals, seniors should not overlook the benefits that come with purchasing life insurance. Contrary to common misconceptions, life insurance for seniors serves a vital role in providing financial security, peace of mind, and legacy protection. In this article, we explore the compelling reasons why seniors should consider investing in life insurance.
Life insurance for seniors is a crucial component of financial planning, offering protection, peace of mind, and the opportunity to leave a lasting legacy for loved ones. Whether it's covering immediate expenses, securing a financial inheritance, or supplementing retirement income, life insurance provides seniors with a valuable tool to ensure their financial legacy endures beyond their lifetime. It's never too late for seniors to explore life insurance options and make decisions that safeguard their family's future.
Very from the everyone's probably very familiar. No example is required here. So, with United of Omaha, this is, uh, guaranteed issue. And so is the Gerber plan. Now, the thing about some of these policies, there's usually a grated death benefit when you don't have to go through any kind of underwriting.
So the first two years, if something were to happen, you would get your premiums plus 10% interest back page your beneficiary. That's the big thing. With these plans, you need to be around for two years to make them worth it. But again, they are there for your loved ones to take care of the final expense. So there you have that you can apply, but right from your computer and any questions, you can just contact me.
So anyway, there you go.
Hope you're having a great day and call us with any questions.
Thank you
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