In the wake of the coronavirus pandemic, many seniors are left with questions about the status of services and how to stay connected with loved ones. To help, we’ve compiled this comprehensive resource guide for seniors that covers essential coronavirus questions along with several resources to help stay updated and ensure your well-being throughout the situation.
Senior Resources Guide For Coronavirus Read More »
Your vision for your senior years might involve sunny mornings on the golf course, bridge parties with friends, and relaxing walks through nature. And while you should seek out those carefree activities, recent economic events remind us that it’s important to keep an eye on the practical matters, too. Those practical matters include your finances and estate, of course, but also your health.
What is a Health Care Proxy? Read More »
You could argue that life insurance means nothing without the beneficiary. Sure, it’s the policyowner who initiates the coverage and pays the premiums. But assuming that the insured doesn’t let the insurance lapse or sell it in a life settlement, the beneficiary is the one who ultimately benefits from that life insurance policy.
What Is a Life Insurance Beneficiary? Read More »
As the name implies, permanent life insurance covers you for a lifetime. As long as you continue paying the premiums, the insurer cannot cancel your policy. In addition to paying a death benefit, permanent life insurance policies also include a savings component through which your policy can build cash value.
What is Permanent Life Insurance? Read More »
Can seniors over 70 get life insurance? The short answer is yes. The life insurance options for the elderly aren’t as plentiful as they are for the younger crowd, but seniors can secure a death benefit even after age 70.
Can Seniors Over 70 Get Life Insurance? Read More »
A Return of Premium (ROP) life insurance policy guarantees a full or partial refund of the premiums you pay if you outlive the stated term of the policy. This feature is typically added as a rider to a traditional term life policy that has a 20- or 30- year term. Some ROP policies return only the base premium payments to the policyholder but not the additional cost for the ROP rider, while others return the full cost.
What is a Return of Premium Life Insurance Policy? Read More »
It’s never too early or too late to plan for retirement. Whether you are planning or saving for retirement or are already retired and looking for more lifestyle tips and advice, Harbor Life Settlement has pulled together a list of retirement blogs that will help you in 2020.
The Best Retirement Blogs in 2025 Read More »
The best retirement communities generally deliver on climate, proximity to healthcare, affordability, social activities, and retirement center amenities. They can range from cozy, close-knit neighborhoods, to sprawling city-like meccas where you never have to wander outside the gates. You can also find less formal enclaves of retirees in cities throughout the U.S. — some of which make great retirement destinations for those who don’t like the feel of a master-planned community.
Here’s a look at 15 retirement locations that might match your definition of the ideal place to retire.
Best Retirement Communities of 2025 Read More »
Your folks clothed you, bandaged your skinned knees, and fed you dinner for years. And now, it may be time to return the favor, figuratively anyway. Did you know that some states make it your legal responsibility to support your parents financially? It’s true, and without some proactive planning, you may be at risk of footing the bill for your parents’ high-dollar medical debt.
4 Ways Filial Responsibility Laws Can Affect You Read More »
With the spread of the novel coronavirus or COVID-19, people are being asked to practice social distancing and to stay at home to help staunch the transmission of the disease. Transmission of COVID-19 happens person to person and, therefore, it’s essential that we practice social distancing and isolation especially for those who are elderly or have compromised immune systems.
Indoor Activities for Seniors in Isolation Read More »
Harbor Life Settlements, LLC is not a licensed broker or purchaser of life insurance policies. Harbor Life Settlements, LLC is an advertiser that refers qualified policyowners to licensed purchasers of policies. Harbor Life Settlements, LLC does not advertise to residents of Alaska, Kansas, Nebraska, New Hampshire, North Dakota, Vermont, and West Virginia or refer such residents to licensees. Do not proceed if you are a resident of these specific states.
