Life Insurance for the Elderly - Learn About Your Options

If you are elderly and looking for life insurance then you can feel secure knowing that there are still affordable options available to you. There are different types of plans that will cover you to age 95, as well as plans that cover you for the rest of your life. The type of life insurance you qualify for will depend on your age, your health, and your overall needs. Learn more about your options for protection below or compare rates now.

Permanent Protection for Burial and Final Expenses

Burial insurance coverage is a permanent whole life insurance policy designed to cover funeral costs and other final expenses. These policies are simplified issue, so there is no medical exam necessary to qualify. You just have to answer some health questions on an application to determine your eligibility. Coverage is available for ages 50 to 85 and the death benefit ranges from $2,500 to $30,000. Your premium is level for life and your policy accumulates cash value over time. Read more...

Guaranteed Acceptance for Those With Health Issues

Although many seniors are in great health, chances are that you have developed some health issues as you've gotten older. Many seniors have high blood pressure, high cholesterol, or even a history of heart attack, stroke or cancer. Even with these conditions and other more serious health issues, you can still qualify for a guaranteed acceptance policy. This type of coverage has graded benefits, which means that the death benefit will not be paid out in full if you die within the first 2 years. Read more...

Term Life Insurance for Temporary or Short-Term Coverage

Term life insurance can also be used to cover burial expenses as well as mortgage debt and other obligations. There are term life insurance plans for elderly that will cover you to age 95. These plans have a fixed premium for the term that you choose and many times you are given the options to convert to a whole life insurance policy. Read more...

Our Goal Is to Help You Find the Best Policy for Your Needs

We want to help you make an informed decision about the types of life insurance protection that is available for seniors and the elderly so that you can get approved for the most affordable rate for your situation. We think it is important to get multiple quotes so you can compare your options. That is why we have partnered with companies that specialize in policies for those who are over age 50.

The first step is to shop around and compare several rates from companies that specialize in coverage for those age 50 to 85.