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Choosing Appropriate Term Lengths for Senior Life Insurance
Selecting unsuitable term lengths is a frequent error for Canadian seniors. LifeBuzz notes that 20-year terms suit healthy seniors aged 65 and above, while shorter terms benefit those aged 75 and above. Matching coverage duration to needs avoids excess costs. Strategic term planning optimizes affordability.
#LifeBuzz #CostlyLifeInsuranceMistakesSeniorsAvoid #LifeInsurance #TermLength #CoverageMatching
Selecting unsuitable term lengths is a frequent error for Canadian seniors. LifeBuzz notes that 20-year terms suit healthy seniors aged 65 and above, while shorter terms benefit those aged 75 and above. Matching coverage duration to needs avoids excess costs. Strategic term planning optimizes affordability.
#LifeBuzz #CostlyLifeInsuranceMistakesSeniorsAvoid #LifeInsurance #TermLength #CoverageMatching
