Question

What type of life insurance is best for a 50 year old?

This interesting question is from u.s.life insurance subject matter

The question was asked in an online quiz.

Other related questions to my question are:

What type of life insurance is best for a 50 year old?

How much is whole life insurance for a 50 year old?

Is 50 too late for life insurance?

Whats better term or whole life?

Can you get whole life insurance at 50?

Answer 1

Correct answer for this question is: At age 50 or older, term life will generally be the most affordable option for getting the death benefit needed to help ensure your family is provided for. 2. Coverage for final expenses. These policies are designed specifically to cover funeral and death-related costs, but nothing more.

The title of my answer is What is the Best Life Insurance for People over 50 Years Old?