Leave Love, Not Financial Stress

As you move through your late 50s and early 60s, your priorities are clear. You want to protect the people you love. Whether that means helping your spouse, aiding your adult children or grandchildren, or simply covering final expenses, planning ahead can bring peace of mind.  

Why Life Insurance Still Matters after 50

You may be thinking, “Do I really need life insurance?”

The truth is, many families still depend on income or shared expenses at this age. In fact, nearly half of households would face financial hardship within six months after losing a primary wage earner.¹ Additionally, the National Funeral Directors Association (NFDA) states in 2023, the median cost of a funeral with burial was over $8,000.² That is a large expense for most families to handle all at once.

Be Prepared 

Planning ahead at this stage in life does not mean expecting the worst. It means caring enough to prepare. You want to make sure your family is not left with bills and hard choices during an already difficult time. One of the best ways to protect your loved ones is through the purchase of life insurance. The right type of life insurance can help ease financial stress for your family when they need it most.

Kemper Life Safeguard™ Term Life Insurance 

At this stage in life, there aren’t many options out there. That’s why Kemper Life Safeguard™ Term Life Insurance policies are a smart choice. It’s affordable protection on your own terms. Many adults nearing retirement still carry some level of debt, including mortgages, car loans, or credit cards. ³ Even small debts can feel overwhelming after a loss. Kemper Life Safeguard™ Life Insurance™ can help cover all those things and assist with:

• Funeral and burial costs
• Medical bills and health insurance costs
• Daily living expenses
• Support for a spouse
• A financial gift to children or grandchildren

The tax-free benefit paid to your loved ones can give them support without added worry.

Choose Coverage That Fits Your Needs 

Kemper Life Safeguard™ offers a policy designed to match your goals, timeline and budget:

Safeguard 10 offers shorter-term protection that many older adults may not find elsewhere. Unlike most term life products, it is available for people in this age group and provides coverage for 10 years. It can be a smart choice if you want affordable protection to cover final expenses, handle remaining debts, or provide a financial gift to children or grandchildren during a specific period of need.

Take the Next Step 

The best time to plan is now. Coverage is often more affordable than many people think. When you know your loved ones won’t be left with financial stress, you can live your best life by enjoying the years ahead. A Kemper Life agent can help you review your options and choose the solution that best fits your stage of life and budget. 

Find an agent near you to discuss coverage options. A simple conversation today can make a lasting difference for you and your loved ones.

Sources:

1. LIMRA & Life Happens. Insurance Barometer Study https://www.limra.com/siteassets/newsroom/liam/2025/2025_facts_about_life_insurance.pdf
2. National Funeral Directors Association. Median cost of funeral with burial exceeds $8,000. https://nfda.org/news/statistics
3. Why Retirees Are Carrying More and More Debt https://www.aarp.org/money/retirement/retirees-carrying-more-debt/
   
   

 Kemper Life is the brand name for insurance products issued by subsidiary insurance companies controlled by Kemper Corporation. Life insurance provided by: The Reliable Life Insurance Company, United Insurance Company of America, Union National Life Insurance Company, Mutual Savings Life Insurance Company. Home Office, St.Louis, Missouri. All insurance products are subject to state availability, issue limitations and contractual terms and conditions. Each subsidiary of Kemper Corporation is solely responsible for the insurance products it underwrites and issues. This material is for informational purposes. Consider your own financial circumstances carefully before making a decision, and consult with your tax, legal, or estate planning professional. Coverage and pricing for products issued by Kemper Life and its subsidiaries vary by state and individual eligibility. Ask your agent for full policy details and exclusions.