Life Insurance

[santa7]

What is the best Life insurance to get?  At 72, I want to get Life Insurance again.  What is the best and cheapest because I don't own anything of value anymore, not even a car.  Don't want my daughters to get stuck with a big financial bill once I'm gone.  Just want a simple cremation.

[cathy37]

I have private insurance, but I understand that AARP has good policies and they have a reasonable rate.  Mine carried over from my job when I retired so I have a good rate with them.

[plennis]

I have been thinking the same thing, I will look into the AARP policies.

[potluck6]

Get one to last till ag3 100.some are good till age 85 only so if you live past 85 you get nothing.at 65 thinking about getting some also.

[oldbuddy]

Get one to last till ag3 100.some are good till age 85 only so if you live past 85 you get nothing.at 65 thinking about getting some also.

I guess I better look at my policy, I'm 84 already and I will freak if it won't pay beyond 85

[dsawan]

Not married or have kids so don't have to worry

[santa7]

Get one to last till ag3 100.some are good till age 85 only so if you live past 85 you get nothing.at 65 thinking about getting some also.

I guess I better look at my policy, I'm 84 already and I will freak if it won't pay beyond 85

Yes.  I've noticed that too when looking at insurance policies.  You better check that for sure Oldbuddy because you may end up living to be 100.  My late uncle passed at 101 a couple years ago.

[ccandpam]

I would suggest AARP as well. I hear they have good policies for people who are 55 or older.

[oldbuddy]

I would suggest AARP as well. I hear they have good policies for people who are 55 or older.

That's what they want you to think, so they can exploit a few more seniors and take a cut of whatever you buy.

[santa7]

Well, I got AARP membership again so I'm still looking around.  I gues  whole life is the best to get so at least it pays for your burial cost.

[oldbuddy]

Well, I got AARP membership again so I'm still looking around.  I gues  whole life is the best to get so at least it pays for your burial cost.

If it's burial costs you are worried about, why not just make your complete arrangements right now and pay for them, so there are no decisions to make when you go, just execution of your plan?

[santa7]

Thanks OldBuddy.

[linderlizzie]

I disagree with the AARP concept for an insurance alternative. I stop believing in them. They have ties I don't agree with. I am a fan of AMAC now.  However, I have Minnesota Life through my former employer for life insurance.

As for burial plans, we went ahead and paid for most of the burial stuff, but stopped short at funeral arrangements.

[oldbuddy]

AARP is a Con Game (scam) where they charge you a membership fee to recommend products to you that they gat commission on, so you are paying double. You can find better deals yourself and save money.

[calendria]

AARP is a Con Game (scam) where they charge you a membership fee to recommend products to you that they gat commission on, so you are paying double. You can find better deals yourself and save money.

Get the membership free with your AOL account, just saying...