Best Life Insurance for Senior?

What life insurance is best for a senior 62 year old female, on a fixed income, AARP or Landmark Life?

My mom and I looking at life insurance and don;t understand much about the premiums and the small print on determining the rates.

Just need help in determining which is better AARP or Landmark Life? I see two very different charts that have us concerned if we made the right choice with the one paying more to get less coverage over a ten year period.

Actually, both of the above mentioned plans may have you paying more for your life insurance coverage than the protection provided depending on how long your mother lives.

That means, you may or may not be better off by taking the money you would pay for the life insurance policy and investing it rather than buying the life insurance policy. Over 10 years or more, it may grow to a larger amount than the life insurance death benefit provided by the life insurance policy.

In addition, you may want to learn more about life insurance for people over 60 and what options are available that may provide more life insurance coverage for your mother at a lower rate.

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Insurance without any Medical Exam,
Just a Few Health Questions.



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Life Insurance for People Over 60

Is 60 Years Old Too Old To Get Life Insurance?

Actually, you may qualify for life insurance if you are 60 years old. In fact, there are life insurance carriers that offer life insurance to people over age 80.


Your ability to get life insurance at age 60 will depend on your health, the life insurance companies you contact for your free quotes, your weight-to-height ratio, your occupation, hobbies, whether you smoke, etc.

Your options for life insurance may be whole life insurance, term life insurance, no exam life insurance, and guaranteed acceptance life insurance.

Term life insurance may offer coverage for 10, 15, 20, or 30 years. Whole life insurance provides lifetime coverage at higher rates than term life.

If you don't want to take a physical exam, but you are healthy, you may qualify for term life insurance no exam required, just a few health questions.

If you do not qualify for any life insurance, but need coverage, you may want to consider guaranteed acceptance life insurance. It offers limited amounts of life insurance at high rates, and the coverage isn't fully available until you have owned the policy for 1-2 years, depending on the life insurance company.

You can request free MetLife life insurance quotes online to help you find affordable life insurance coverage to protect your loved ones.

Here's how you can learn more about life insurance for people age 60 and over.

NEW! Here’s How to Buy up to $500,000 of Term Life
Insurance without any Medical Exam,
Just a Few Health Questions.