If you reside in Cumming, GA, or any other city in the state and considering buying life insurance, but not sure if your age allows it, we can answer your questions at Wichalonis Insurance Agency.<\/p>\n
While some individuals purchase a life insurance policy at an early age, others wait until a later time. The question then becomes whether the state imposes an age limit when life insurance is no longer available. <\/p>\n
In Georgia, the state does not have a fixed legal age limit for purchasing a policy, but some insurance companies may have a maximum age limit. This could depend on the policy type.<\/p>\n
As noted, the state does not impose an age limit, but individual companies can. Examples of potential age limitations are as follows:<\/p>\n
A term life insurance policy allows you to select a set time for coverage. You can choose 10 years, 20 years, or 30 years. If the plan is active when you pass away, your family or chosen recipients will receive a payout. If you pass away after the set time period, there is no payout. The typical maximum age limit for most companies is between 80 and 85 years old. <\/p>\n
A whole life insurance policy has no set timeframe. It is a lifelong policy htat guarantees a death benefit. The typical maximum age limit for purchasing a whole life insurance policy is up to 85 years old. <\/p>\n
These are specialized plans that require no medical examination and are primarily to cover final expenses. There are companies that provide this policy for applicants throughout their 80s and older. <\/p>\n
Take the worry out of whether you can get life insurance by giving us a call at Wichalonis Insurance Agency, where our agents will explain the different policies, and the one that is right for you. <\/p>\n","protected":false},"excerpt":{"rendered":"
Life Insurance — Are There Age Limits? If you reside in Cumming, GA, or any other city in the state and considering buying life insurance, but not sure if your age allows it, we can answer your questions at Wichalonis Insurance Agency. Purchasing a Life Insurance Policy in Cumming, GA While some individuals purchase a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[14,15,25,28,13],"class_list":["post-186","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-cumming","tag-ga","tag-insurance","tag-life","tag-wichalonis-insurance-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t