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The 6 Best Life Insurance for People Over 40

●      AIG.

AIG started in 1919 and it offers its services in 80 different countries. It currently has 88 million customers worldwide.

For a variety of final expenses, AIG’s offers a final expense life insurance, providing up to $25,000. This company does not require medical exams and offers a guaranteed acceptance for clients up to age 85 with no need of a waiting period or speaking to an agent. This is the best company for final expense insurance. It is important to remark that AIG’s guaranteed issue policies include a death benefit of two-year graded; if death occurs within the first two years of the policy, beneficiaries are able to receive 110% of paid premiums.

●      Heaven Life.

Heaven life is a recent company founded in 2014, but it has been issued by MassMutual, an insurance company founded in 1851. Heaven Life has been rated A++ in AM Best.

This company is the best for term life insurance policies in the life insurance world currently. It makes it easier for people in their 50s and beyond to purchase life insurance and it offers coverage from 100,000 up to $3million. However, this policy can only be acquired until age 64. Heaven life is available in all 50 states, including the District of Columbia. It is important to mention that a term life policy in this company cannot be purchased for those who are active duty military or are enlisting.

Safe and easier lifestyle through online term life insurance policy

Safe and easier lifestyle through online term life insurance policy

●      Principal Life Insurance.

Principal is the ideal company if you are interested in state planning. It offers the highest price in coverage available for people around ages 20 to 80.

It was founded in 1879, and it started as a life insurance company. Nowadays, it is considered a highly respected financial service provider. Nowadays, they offer a term life policy, universal life, indexed universal life, variable universal life and survivorship insurance.  A total of five insurance products. Also, the term coverage can be renewed up to age 95. Needless is to say that this company has well prepared services.

If you want to get benefits for state planning, this company gives you a minimum coverage of $200,000. At the same time, this company offers you a life insurance protection of $5 million.