According to a 2013 Over50choices press release, guaranteed over-50s life insurance plans offer simple, medically unchecked approval, yet pose a risk of policyholders paying more in premiums than the final, fixed-sum payout [1]. While these plans suit those with pre-existing conditions, consumers are advised to calculate the breakeven point and compare quotes to avoid paying more than the policy is worth [1]. Read the full story at PRWeb .
According to a 2013 Over50choices press release, guaranteed over-50s life insurance plans offer simple, medically unchecked approval, yet pose a risk of policyholders paying more in premiums than the final, fixed-sum payout [1]. While these plans suit those with pre-existing conditions, consumers are advised to calculate the breakeven point and compare quotes to avoid paying more than the policy is worth [1]. Read the full story at PRWeb .