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AARP Home » Money » Saving & Investing »Life Insurance After 5...

The Money Coach

Life Insurance After 50: Still Make Sense?

In this episode of The Money Minute, Lynnette discusses whether you really need to keep coverage

by: Lynnette Khalfani-Cox, from: AARP, Updated February 2012

Once you pass 50, your life insurance needs may change. Perhaps the kids are grown and financially secure, or your mortgage is finally paid off. If so, you may be able to reduce or eliminate coverage. On the other hand, a disabled dependent or meager savings might require you to hold on to life insurance indefinitely. … Back to Article

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