life insurence low income elder
For a senior citizen, you might want to check into purchasing a prepaid need insurance policy at your local funeral home. Yes, its not really something people are excited to do – its downright depressing, but if your goal is to take care of arrangements prior to your death, it may be the most cost effective way for you to be able to take care of it. Depending upon your age, the cost of life insurance may well run into hundreds of dollars per month for low coverage, while you can arrange for a prepaid need insurance plan and pay what you can. As many children find out the hard way, while you can make payments during your lifetime, at the time of your death the funeral home requires the balance paid prior to your funeral, often putting a hardship on the family. I would call and make an appointment to speak with someone at your local funeral home. I think you will find they are very sensitive and well trained, and this will be a great gift for your loved ones.
I hope this helped.
Kyla Kelim
