Life Insurance: Final Expense Insurance Rates

Once you reach retirement, it might seem that you don’t need life insurance anymore. Your children are supporting themselves, your house is paid off, you have savings – you’re all set.

While this is a great position to be in, every single person should consider a minimum amount of life insurance. We believe that should be $25,000. We will explain how we got to that number below as well as give you some examples of policy prices for whole life insurance.

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Are the rates mentioned stay the same as you age, or do they adjust up as you get older? Also, are these types of policies available to younger persons and if not, what's the starting age of these policies?