Are Older People Buying Life Insurance?
Who Needs Life Insurance?
Well, lots of people need life insurance, but when you look at the market, you see a lot of term life being aggressively marketed to younger people. And sure, that group of people want to make sure that their family has financial security in case they pass away. Younger parents, for instance, want to make sure that their family has a place to live and some money to help with bills and education. But even though parents in their 20s, 30s, and 40s may be prudent to purchase life insurance, they do not really believe that they have a large risk of passing away at an early age!
Categories: Life Insurance Tags: Life Insurance, retired people, seniors
