Where can I look and what do I need to be aware of?
Any life insurance coverage you can get will be very expensive in terms of premium dollars versus the benefit that will be provided by the policy.
You may be able to qualify for life insurance depending on your health, but you should consider seeing a life insurance agent to help you find the right plan.
The thing is it may cost a lot of money. Most term life insurance policies will not insure someone over age 65, so you may end up with a whole life insurance plan which would cost more.
A good life insurance company would be one rated "A" excellent or better for financial strength by AM best independent rating service. The ratings of insurance companies are usually provided when you request free quotes for life insurance.
At age 72 you may have to consider a guaranteed issue life insurance policy, like the kind Mutual of Omaha or Globe Life Insurance offers.
You have to own the policy for at least two years, before the full death benefit can be paid out.
And, the amount of life insurance coverage provided by these plans may be limited to about $30,000 or less.
Here's how to learn about finding over 70 life insurance plans and comparing rates online from leading life insurers to help you shop and save on your policy.
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