Colorado Life Insurance Company

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Types of Later Life Insurance: Term Life Insurance for Seniors: Offers coverage for a specific term, typically up to 30 years. Premiums are generally lower than permanent policies. Beneficiaries receive a death benefit if the policyholder passes away during the term. Whole Life Insurance for Seniors: Provides Colorado Life Insurance Company coverage for the entire lifetime of the policyholder. Accumulates cash value over time, which can be borrowed against or withdrawn. Premiums are generally higher than term life insurance but remain level throughout the policy.


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