It has become an absolute necessity for the elderly to obtain a life insurance plan due to increased life expectancy. According to the statistical data put forth by the Social Security Administration, the average lifespan of a man is 84, and that of a woman is 87. This distinctly reveals the need for financial protection for an extended period. The life insurance not only protects the financial interests of the seniors, but also safeguards the future of their families. Read on to find out about preparing yourself for unexpected situations by choosing a good senior life insurance plan.
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