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Can individuals obtain Disability Insurance after reaching the age of 65? Is it possible to purchase Disability Insurance once you are 65 or older?
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Yes, it is possible to obtain Disability Insurance after the age of 65, but the availability and terms may vary depending on the insurance provider and the individual's specific circumstances. While some insurance companies may offer disability coverage to individuals over 65, it's important to note that the premiums and coverage options may differ from those available to younger individuals. Additionally, the eligibility criteria and the types of disabilities covered may also be subject to certain limitations. It's advisable for individuals seeking Disability Insurance after 65 to carefully research and compare different insurance policies to find the most suitable option for their needs. Consulting with an insurance agent or financial advisor can also provide valuable guidance in navigating the process of obtaining Disability Insurance at this stage of life.
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