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Here’s How to Cover Your Healthcare Costs in Retirement in Your 50s

October 7, 2022 · Personal Finance
insurance healthcare
Photo by REDPIXEL.PL from Shutterstock

Find a life insurance policy that will cover your chronic illness

David Lewis, the founder, and owner of Monegenix, strongly recommended to all middle-aged people to double, maybe even triple-check if their life insurance covers chronic illness benefits. As he stated, it might help someone save most of their precious assets if they have to deal with a serious health condition while they’re retired.

Chronic illness might prevent someone from working or even caring for their health. When this happens, the insurance company has a clause that allows the individual to use a part of their death benefit to meet the healthcare expenses.

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1 comment on “Here’s How to Cover Your Healthcare Costs in Retirement in Your 50s”

  1. danny couch says:
    November 10, 2022 at 7:06 pm

    i believe you are all talk prove me wrong

    Reply
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