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	<title>Comments on: Do Retired People (Seniors) Still Need Life Insurance?</title>
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		<title>By: Seniors Life Insurance &#124; Senior Money Memos</title>
		<link>http://publishmyself.net/home-and-family/seniors-and-elder-care/do-retired-people-seniors-still-need-life-insurance/comment-page-1/#comment-44</link>
		<dc:creator>Seniors Life Insurance &#124; Senior Money Memos</dc:creator>
		<pubDate>Sun, 22 Feb 2009 20:51:02 +0000</pubDate>
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		<description>[...] Do Retired People (Seniors) Still Need Life Insurance? is a US blog post but the life insurance questions it raises are universal.&#160; The first is of course why would senior citizens need life insurance at all?&#160; Well clearly seniors still have responsibilities.&#160; Here are two of the topics discussed:  Funeral and other expenses can cost thousands of dollars today. The person who passed away could leave debts that need to be settled and assets that need to be handled. Family members may need to travel and to come up with thousands of dollars to settle all of these bills during a very sad and stressful time.   Many seniors may want to transfer their wealth to the next generation. A tax free way to transfer their wealth is by cashing in your life insurance policy and giving them the cash. Paying life insurance premiums, with the assurance that heirs can inherit the money, are an affordable way to plan for this. [...]</description>
		<content:encoded><![CDATA[<p>[...] Do Retired People (Seniors) Still Need Life Insurance? is a US blog post but the life insurance questions it raises are universal.&#160; The first is of course why would senior citizens need life insurance at all?&#160; Well clearly seniors still have responsibilities.&#160; Here are two of the topics discussed:  Funeral and other expenses can cost thousands of dollars today. The person who passed away could leave debts that need to be settled and assets that need to be handled. Family members may need to travel and to come up with thousands of dollars to settle all of these bills during a very sad and stressful time.   Many seniors may want to transfer their wealth to the next generation. A tax free way to transfer their wealth is by cashing in your life insurance policy and giving them the cash. Paying life insurance premiums, with the assurance that heirs can inherit the money, are an affordable way to plan for this. [...]</p>
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