Affordable Life Insurance for the Elderly

Do you have affordable life insurance? In your opinion, why someone decided to have a affordable life insurance policy? Of course because they wanted to protect the people around that they care about. To ensure that the lives of those who left are not neglected when you are gone.

So far, affordable life insurance is more directed to those in productive age. This is not only to ensure the success of the program because the policyholders are in the age that is still productive and able to pay her policy for a long time. But what they've exceeded the old age? So far, the elderly do not have insurance programs. Though, of course the market at that age want to make sure that the people they love, have financial protection as well.

Sees this market, Cigna, the provider of life insurance, health and personal accident from the United States launched an insurance product Cigna Second Life (CSL). CSL is a affordable life insurance product designed specifically for the elderly. Previously, Cigna has launched this product in Korea, Taiwan, New Zealand, Indonesia and Thailand.

Learning from the experience of many countries, also by conducting consumer research, Cigna decided to launch the product for ages 55-80 years. All who wish to participate will be accepted, without examination of health, life insurance, protected for life. With a fixed premium and affordable compensation protection also varies. The hope, this product can help provide solutions for the elderly, in order to plan for the future protection of his family.

To policyholders, will get:
- Protection for life.
- Guarantee 100 percent of the premium back.
- Premiums remain
- Facilities tele-medical consultation.
- Ease of filing a claim.

There are also provisions of the proposed CSL:
- If passed away due to an accident within the first 2 years of membership, CSL will pay for compensation in accordance with the selection. However, when died of illness within the first 2 years, CSL will only pay the total premium, which has been paid.

- If died of any cause after 2 years, the benefits provided is where a larger sum of compensation or total premium.