Compare Rates →The top picks for the best life insurance for seniors are Mutual of Omaha, AARP, and Transamerica, known for their outstanding coverage and customer service.These companies offer seniors affordable, comprehensive policies, including customizable term and whole life options to suit vario...
Northwestern Mutual: Best for consumer experience. Pacific Life: Best range of permanent life insurance. Thrivent: Best for social responsibility. Why trust NerdWallet 1,413 life insurance rates sets collected. 441 life insurers analyzed by our team of experts. 185 policies assessed. Dive deeper: ...
"Life insurance can definitely be worth it for seniors," says Jordan Mangaliman, CEO of Goldline Financial Services in Fullerton, California. "However, it's important to understand every situation is different." He went on to explain that "for seniors that have ample assets like real estate,...
» MORE: Best life insurance companies for seniors Types of life insurance for seniors Term life: Cheapest option A term life insurance policy could be a good, low-cost option if you’re in great health for your age and willing to take a medical exam. Because term life is temporary, it...
If you’re a senior in good health, consider a policy that requires a medical exam—it could lower your rates. Some providers have policies available for applicants up to age 90. Our Best Life Insurance Companies for Seniors #1: MassMutual » #2: Protective » #3: Pacific Life » ...
MassMutual has several whole life insurance options, including a survivorship policy, as well as universal and variable life insurance products. Who's this for?MassMutual's whole life insurance policies grow cash value quickly with high interest rates. And, policies are available for seniors up to...
Life Insurance Cheapest Life Insurance Companies of 2024 About Mark Fitzpatrick Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized conten...
Affordable Life Insurance Rates for Seniors Evenseniors age 80 need life insurancecoverage. With advances in medicine and healthcare facilities, people are living much longer. Some of the needs for life insurance for seniors are the same as those mentioned for folks in their 60s. ...
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...
While life insurance for seniors is commonly thought of as not being "worth it," for some seniors it may be valuable. Life insurance, for example, can be used to cover end-of-life expenses, thus freeing your loved ones from having to pay for things like a wake, funeral and burial ...