There's no legal limitation for buying life insurance.
It is up to the life insurance company offering the coverage.
Some life insurers will offer coverage to people over age 80, others will limit it to people under age 78.
The older you are when you purchase your life insurance policy the higher your premiums will be due to a shorter life expectancy.
Here's an article that explains Over 70 life Insurance and some options that may be available to you for life insurance protection.
In addition, some life insurance plans for older people may be graded death benefit plans, meaning you have to own the life insurance policy for at least 1-2 years before full coverage is "In Force".
Insurance without any Medical Exam,
Just a Few Health Questions.
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