I just realised my Grandad, who lives in England, does not have any form of life
insurance, he getting on a bit at 86, and has had a few falls recently. He is not covered against accidents or death. Would his coverage be expensive? And is it possible to make myself beneficiary, even if I live in a different country?? (I recently moved to USA with wife). Any help or advice would be appreciated.
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5:02 am on March 11, 2010
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Tim 5:03 am on March 11, 2010
You can easily check life insurance quotes in internet, for example here – lifeinsurance.awardspace.info
sar 5:03 am on March 11, 2010
i dont think any company will insure a person that age and if you find a company , you can imagin the cost?
Chris C 5:03 am on March 11, 2010
Some companies will issue up to age 90 (don’t know about in England though). This coverage would be VERY expensive though…like for a $25,000 policy expect to pay hundreds of dollars a month.
StephenWeinstein 5:03 am on March 11, 2010
Yes, it is possible to have a beneficiary in another country.
Yes, life insurance for an 86-year-old will be extremely expensive, if he can qualify at all.
Flower 5:03 am on March 11, 2010
The limit is age 84 in the United States to purchase life insurance. You have to check with British insurance companies how they operate. Yes, you can be his beneficiary no matter where you live.
Jimmy 5:03 am on March 11, 2010
You can easily check life insurance quotes in internet, for example here – lifeinsurance.awardspace.info