Sunday, April 26, 2009

Life Insurance for Seniors Over 70

Are you a senior over 70 looking for life insurance?

If so, you may be wondering where you can buy life insurance, and how much it will cost?

Actually, there are life insurers who specialize in providing life insurance for seniors over 60 or 70 years of age.

Some senior life insurance plans are term policies for a specific number of years, and some are whole life insurance offering lifetime coverage.

In addition, there are guaranteed acceptance life insurance plans which offer limited coverage at high prices with no medical exam required.

However, some life insurance such as Globe Life Insurance, offer seniors age 78 and under up to $30,000 of simplified life insurance with no medical exam required.

When comparing life insurance plans for seniors make sure you check the financial rating of the insurer, which should be provided with your life insurance quotes.

Also, review the number of years coverage is guaranteed, and whether your life insurance premiums is guaranteed to remain level for the entire term of your life insurance policy.

Whether you qualify for life insurance will depend on your age, health, height-to-weight ratio, among other factors.

You can read this article on Over 70 Life Insurance to learn more and compare plans.

1 comment:

  1. A good life insurance is always expensive but we can find some cheap policies also if we do deep research and comparing. I found this blog helpful for finding a good policy.

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