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Is Senior Life Insurance Company a Pyramid Scheme? Examining the Facts

July 4, 2024July 4, 2024 by Srdjan Ilic

Senior Life Insurance Company is not a pyramid scheme. The confusion often comes from distinguishing between legitimate businesses and illegal schemes. Pyramid schemes make money from recruiting new members, whereas Senior Life Insurance Company makes money by selling life insurance policies to seniors. With 50 years in the market, Senior Life Insurance Company has built … Read more

What Age Is Considered a Senior Citizen in the U.S.? What’s The Criteria

July 3, 2024July 2, 2024 by Srdjan Ilic

In the United States, a senior citizen is generally considered to be someone 65 years old or older, primarily due to Medicare eligibility. However, definitions can vary: AARP offers membership starting at 50, and some senior discounts and benefits begin at 60 or 62. Knowing these differences helps in planning for benefits and services Age … Read more