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The settlement would depend upon the wording of your policy. You must read the policy to figure out what the maximum settlement might be.

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Q: How much money can I possibly be awarded in a Senior Life Insurance Settlement?
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Related questions

Do they offer senior travel insurance in the UK?

of course they offer senior travel insurance in the uk this website can help you out with senior travel insurance in the uk ww.mrlinsurance.co.uk/travel-insurance/senior-travel-insurance


How does one obtain a senior life settlement?

A life settlement relates to a life insurance policy. It is when the holder of the policy decides to sell it for higher than it's surrender value but less than the full death benefit. One might do this to free up cash from a policy which is no longer needed or when premium payments can no longer be made. A senior citizen can obtain a life settlement of a policy by contacting a life settlement broker.


What is senior travel insurance?

Senior travel insurance is like regular travel insurance, but a lower cost for seniors with valid senior I.D. (it is just like senior price at a store or restaurant)


Where to apply for senior citizen travel insurance?

Travel insurance is always a good idea whether you are a senior citizen or not. You can find information on insurance for seniors here: http://www.travelinsurancereview.net/senior-citizen-travel-insurance/


Is term life the only type of insurance offered to senior citizens?

Term life insurance is a time limited insurance. It is not the only type of insurance offered to senior citizens. But it is one of them that senior may be interested in purchasing.


What is the best company for senior life insurance?

One of the highest rated companies for senior life insurance would be the Senior Life Insurance company. They have information on the following website: http://www.seniorlifeinsurancecompany.com/.


How can one get in touch with a senior life insurance company?

To get in touch with a senior life insurance company, you can search online for reputable companies that specialize in life insurance for seniors. You can also ask for recommendations from friends or family members who have experience with senior life insurance. Additionally, you can contact insurance brokers or agents who can help connect you with suitable senior life insurance providers.


What is the most popular insurance for senior citizens?

They buy more expansive life insurance because there is a more likely chance of death among senior citizens. There are many commercials on TV that talk about senior insurance.


What are the pros and cons of Senior Settlements?

The pros of Senior Settlements are, that seniors participated in the settlement, will benefit from the following: sell life insurance to a third party for payment, or have been diagnosed with a terminal condition and want/need money before they die. The cons are the senior will lose the policy once it is sold, and the senior payment will go to the third party that buys the policy and not to the heirs.


Can senior citizens get cheap travel insurance?

I am a senior citizen who likes to travel, where can I get cheap travel insurance? Is there a company that specializes in this?


Where can I find information on senior travel insurance?

You can find information on senior travel insurance at http://www.moneysupermarket.com/travel-insurance/. Hopefully there you'll find what you are looking for


How old does a person have to be to live in a senior life settlement?

A person must be at least 60 years old or above to be qualified as a senior citizen. This age requirement is used in determining whether or not people are qualified to reside in a senior life settlement.