On average, 50 – 59-year-olds need $100,000 or more in life insurance, depending on the expenses. Most seniors could still get term life insurance at this age, which is a good option if your financial needs are temporary (10 – 15 years or less), but you can also apply for a pe...
Who are the people that most commonly turn to guaranteed issue life insurance? Those that have medical conditions, smokers, as well as seniors over 50. Specifically, seniors over 75 years of age, these people are typically labeled as high risk by life insurance companies and primarily for buria...
Guaranteed:For seniors between the ages of 50 and 80, Gerber Life offersguaranteed issue whole life insurance. Seniors may qualify for between $5,000 and $25,000 in life insurance without health questions or a medical exam. Coverage begins as soon as the application is approved and the first...
Pacific Life has affordable term life insurance for seniors that's renewable up to age 95 after the level term period ends. Standout benefits: In addition to term life, Pacific Life has both indexed and variable universal life insurance policies that build cash value early and can supplement re...
We rank the Best Life Insurance Companies for Seniors of 2025. We researched age restrictions, benefits, and more to help you make the best choice for you.
If you have any health issues that make it impossible to qualify for a traditional term or whole life insurance, you should consider a guaranteed issue policy. Features of Burial Insurance: Available for seniors ages 50 to 85 No medical exam required ...
No Exam for Seniors One type of no exam life insurance that doesn’t require is Final Expense insurance. You also occasionally see it called burial insurance. These are small policies. They offer benefits from $5,000 to $25,000. Because the death benefits on the policies are limited, the...
Life insurance for seniors Older adultsmight have a harder time purchasing life insurance. In fact, many insurers stop issuing new life insurance policies to seniors over a certain age — usually around age 80. Life insurance for seniors can often be cost-prohibitive depending on your health and...
It also works directly with AARP to provide affordable life insurance for seniors up to 80 years old. Terms are available in shorter increments of one, 10, or 20 years. Read more: AARP Life Insurance for Seniors ReviewBest Living Benefits Term Life Insurance: Mutual of Omaha...
The Bottom Line for Seniors Looking For Life Insurance This is certainly the case when it comes to life insurance for the elderly, specifically for an 80-plus-year-old person looking for affordable life insurance. Once people reach a certain age, they assume that they no longer need life ins...