Can I open a life insurance policy if I am over 65?
There are life insurers willing to insure people for life insurance over the age of 65.
However, when you request a quote and apply for coverage you are asked several health questions. The answers will help to determine if the insurance company will accept you for life insurance.
There are life insurers who offer coverage to people over 65, but some insurers may offer higher limits of life insurance, and others may not require a medical exam, but the premiums could be higher than for life insurance requiring you to take a physical exam.
One way to find out which life insurers offer you the most coverage at the lowest price would be to compare free life insurance quotes online from several insurers.
In addition, if you only need $30,000 or less of life insurance you may want to consider Globe Life.
Globe Life Insurance offers people age 78 and under up to $30,000 of simplified life insurance with no medical exam required.
Here's how you can learn more about life insurance for people over 60 and compare plans from leading life insurers.
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