Do all life insurance companies mess up seniors?

First of all im not into Insurance personally.

However, it seems that my employer is working in collusion with Mutual of Omaha. I am currently experiencing difficulties accessing or viewing the life insurance that I am paying into through my company-referred (NOT sponsored) plan.

This coverage’s cost doubles every ten years of age, then quadruples and the benefits are cut in half at the age of seventy.

Is this what all US life insurance companies do? Finding a new supplier is necessary.

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My workplace appears to be working with Mutual of Omaha to provide life insurance, but I am having difficulty accessing or understanding the plan into which I am paying. Costs double every decade, while half reduces benefits at the age of seventy. Are these words common among all US insurers? I need to look into getting a new provider.

Based on my research, it does not appear that all life insurance companies mistreat or take advantage of seniors. While there may be isolated incidents of improper practices, the majority of life insurance providers aim to offer fair policies and coverage to seniors. Many companies have specific products tailored for older adults, such as final expense insurance and guaranteed issue life insurance that provide coverage without a medical exam. Reputable insurers also have processes in place to ensure seniors understand the terms of their policies. However, it’s always important for seniors to carefully review policy details, ask questions, and work with licensed agents they trust. Comparing options from multiple insurers can help seniors find the best coverage for their needs at a fair price. While no industry is perfect, the life insurance sector overall seems to serve senior customers responsibly.