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Respected Contributor
Posts: 2,842
Registered: ‎03-10-2010

Life Insurance 55 years old and up?

Dh an I have term life insurance. I converted mine to a smaller policy which last till I'm 80. Dh's is still in effect for another 6 years. Problem is now that we are older and considering we may live past 80. "What do we do?" Life insurance is very expensive at our age! I'd like to know what others have done in this situation. My parents always had Whole Life. We let someone talk us into term because we could get more for a lower price while we had a mortgage and young children to raise. Now we'd like enough for final expenses and to leave a little to the kids. TIA

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