Term life insurance offers you protection for a certain period of time, from 1-30 years.
Many term life policies are issued for a term of 10, 15, 20, or 30 years of coverage.
Seniors may be able to qualify for 10, 15, or 20 years of coverage.
Your ability to qualify for life insurance depends on your life expectancy, and since the average life expectancy is around 79 years, a person who is 65 may find it difficult to qualify for a 30 year term life insurance policy.
However, there are several options for life insurance available to seniors, including term life insurance, permanent life insurance, and guaranteed acceptance life insurance.
Term life is usually the most affordable because it provides temporary coverage, and builds no cash value inside the policy.
Learn more about Senior Citizen Term Life Insurance.
Insurance without any Medical Exam,
Just a Few Health Questions.
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