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Message
What is the best kind of insurance to get for a 67 yr old male
Posted on 4/15/21 at 10:38 am
Posted on 4/15/21 at 10:38 am
Older friend of mine who is going to get life insurance qnd make me the beneficiary.
I'll be paying the monthly bill. He isn't doing great.
What's the best course here? Tia
I'll be paying the monthly bill. He isn't doing great.
What's the best course here? Tia
24
Posted on 4/15/21 at 10:40 am to Chalkywhite84
It’s 2021. You can say your boyfriend
Posted on 4/15/21 at 10:40 am to Chalkywhite84
quote:
What is the best kind of insurance to get for a 67 yr old male
Older friend of mine who is going to get life insurance qnd make me the beneficiary.
The biggest coverage he can get
Posted on 4/15/21 at 10:40 am to Chalkywhite84
quote:
Older friend of mine who is going to get life insurance qnd make me the beneficiary
quote:
I'll be paying the monthly bill. He isn't doing great.
Look to pay $10,000/month for $100,000 worth
Posted on 4/15/21 at 10:41 am to Ingeniero
Term life will be cheapest more than likely.
Everything at his age will be expensive
Everything at his age will be expensive
Posted on 4/15/21 at 10:43 am to Chalkywhite84
quote:
Older friend of mine who is going to get life insurance qnd make me the beneficiary.
Just make sure there are no holes in your story and get a rock solid alibi.
Posted on 4/15/21 at 10:43 am to Chalkywhite84
Colonial Penn
Guaranteed Acceptance
9.95 a month
It has to be legit if Trebek was spokesperson
Guaranteed Acceptance
9.95 a month
It has to be legit if Trebek was spokesperson
Posted on 4/15/21 at 10:44 am to Chalkywhite84
quote:
Older friend of mine who is going to get life insurance qnd make me the beneficiary.
I'll be paying the monthly bill. He isn't doing great.
What's the best course here? Tia
Why and what are you trying to cover? Also, money board is probably better.
If you want anything more than just say $25,000 to cover burial and end of life costs it’s likely going to be very expensive.
Posted on 4/15/21 at 10:44 am to Chalkywhite84
quote:
What is the best kind of insurance to get for a 67 yr old male
Life insurance
Posted on 4/15/21 at 10:44 am to Chalkywhite84
quote:
He isn't doing great.
You don't buy insurance after you wreck the car dummy
Posted on 4/15/21 at 10:49 am to Chalkywhite84
Just throw your money in Amazon stock
Posted on 4/15/21 at 10:53 am to Chalkywhite84
I just wanna say how brave you are.
Posted on 4/15/21 at 10:59 am to Chalkywhite84
quote:
Older friend of mine who is going to get life insurance qnd make me the beneficiary.
I'll be paying the monthly bill. He isn't doing great.
What's the best course here? Tia
You need to find yourself an independent and reputable life insurance agent. By independent, I mean a life agent who is not Jake with State Farm or Flo with Progressive.
You mention he isn’t doing great. If he has health issues, you definitely don’t need to make this decision based off products people on a message board throw out at you.
If possible, he needs to go through underwriting to try and get immediate coverage. If you go with a “no questions asked, everyone’s accepted” product, he’s gonna get put on a two-year wait period and you might end up paying a lot more for less coverage. And, if he dies in the first two years, the benefit won’t pay out and you might get a return of premium.
Posted on 4/15/21 at 11:11 am to Chalkywhite84
Industrial Insurance from Security or some place like that.
This post was edited on 4/15/21 at 11:11 am
Posted on 4/15/21 at 11:13 am to Chalkywhite84
What is the goal of this policy ? To cover risk or leave you guaranteed money ? If he wants to give you money in case he dies during a certain period, then more affordable term life with a higher face value. If he wants to leave you a small sum no matter when he dies, whole life would suffice. One has the advantage of higher face value over a smaller term ( 10 or 15 years ) and the other has the advantage of paying a smaller amount no matter when he dies.
Posted on 4/15/21 at 11:16 am to Chalkywhite84
quote:
What's the best course here? Tia
The kind that doesnt penalize you for murder
Posted on 4/15/21 at 11:18 am to Chalkywhite84
quote:
What is the best kind of insurane to get for a 67 yr old male
Boat insurance!
Posted on 4/15/21 at 11:20 am to Chalkywhite84
This is what I specialize in for a living. You will both need to sign the application if you’re paying for it.
Screen name @ gmail . com
Screen name @ gmail . com
Posted on 4/15/21 at 11:22 am to LSUJML
quote:
Colonial Penn
Guaranteed Acceptance
9.95 a month
All have mandatory 2 year wait periods and $9.95/month will get only $1,000. Even if your friend is unhealthy, he may qualify for immediate coverage. I work with nearly 15 different companies that specialize in this. Seriously, email me if you want the information.
This post was edited on 4/15/21 at 11:23 am
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