Life Insurance For Seniors Over 70. Term life insurance for seniors. In other words, you are only able to purchase and get coverage for 10 or 15 years after age 70.
These are our top picks and they'll help you find the right coverage for your personal life insurance needs. Insurance policies cater additional income. Burial insurance for seniors has much lower premiums than many other types of life insurance, and rather than taking a health test, you only need to answer a few simple health questions on the application.
If you are 70 or older and need life insurance for longer than 10 years, you will want to purchase guaranteed universal life insurance to lock in your rates and coverage until the age of 90 or later.
Final expense life insurance for seniors over 70 or 75. Gerber life insurance offers a whole life insurance policy of $50,000 to $300,000 for seniors up to age 70 able to pass a medical exam. We compared plans, pricing, and policy restrictions to select our list of the best life insurance options for seniors over 65. You may have felt safe and secure in your life insurance policy when you first purchased your term life insurance plan in your 30s or 40s and passed your medical exam with flying colors.