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Senior Life Insurance

What happens to a senior's life insurance policy if they move to a nursing home?

Generally, moving into a nursing home or assisted living facility does not affect an existing life insurance policy — premiums continue as normal, and coverage remains in force as long as payments are made.

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If the move is prompted by a new health diagnosis, that alone doesn't cancel or change existing coverage, though it could affect eligibility for any new policy applied for afterward.

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It's worth keeping a family member informed of policy details in case they need to assist with premium payments or eventually file a claim.

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