Sentences with phrase «passing of your elderly parents»

Insurable interest means that you want to buy life insurance so that as the adult child, you will not be burdened with debt, outstanding payments and final expense costs after the passing of your elderly parents.

Not exact matches

In China, in addition to having laws that specify the rights of children, a law was recently passed that requires adult children to care for their elderly parents.
And more and more, elderly parents without any life insurance are realizing the gravity of the financial burden they would leave behind to their adult children in the event of their passing.
Both elderly parents are can be insured against the passing of the other.
In such instances, you, as a dependent, * may be able to purchase elderly insurance that covers your financial expenses upon the passing of your parents.
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