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Term life insurance 75 years old

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Many people assume that term life insurance rates are unaffordable once you reach your mid-70’s.  Well, this may or may not be true, it’s going to depend on your health and budget.  From the life insurance company’s perspective, they are “betting” that you will live through the duration of the term.  You as the consumer are “betting” that you will not live though the duration of the term or by the time the policy expires, you will have different financial obligations that you do today. Let’s take a look at the rates for a 75 Year Old Female seeking $100,000 […]