Dating site seniors dating professionals in canada
In many other cases, premiums do not come under the ambit of taxation laws.In the US and the UK, by and large, premiums paid for life insurance are not tax deductible.However, a person may make anybody the beneficiary of the policy.
A lot senior citizens are single or single again at this time of their life.
And it is relatively harder for them to meet like-minded senior singles in their daily life.
He or she knows that his family or dependents won’t have to bear any hardships even if he dies.
In most cases, the dependents include the spouse, children, and parents.
This is where Over70step in, it provides a great platform for over 60 dating, over 70 dating, over 80 dating.
Our site really focuses on senior singles, thus single men and women over 70 years old can easily find their love, friendship and companionship within their own age group.
Life insurance is about providing protection to the dependents.
At the same time, it also provides peace of mind to the living person.
However, having a life insurance policy does not mean that you will get life cover for all kinds of deaths.
Policy owner and the insured person Do keep in mind that the insured and the policy owner can be the same person or two different persons depending on the situation.
In simple words, the person who pays the premiums is the policy owner while the person who is covered by the policy is the insured person. Most of the life insurance policies do not cover deaths due to man-made events.