You’re Not Too Old for New Coverage
Don’t assume that it will be too difficult to find an insurance company that is willing to cover you just because you are over the age of 55. If you are still healthy and willing to take a physical then you will be able to get the best rates possible.
There are also option to buy no medical exam life insurance for seniors.
If your health isn’t optimal, we also specialize in high risk life insurance and can help you get coverage as well. Even well into your 70s you still have options that are worth investigating.
Unfortunately, that doesn’t mean you should wait until you are 70 to purchase term life insurance. It still works the same way as all other forms of life insurance, and your rate will be based partially on your age.
You can still get reasonable rates into your 60s, but the younger you are when you get a policy, the better the rate will be.
Hopefully, this information will help you as a senior citizen to find the best life insurance policy for your needs. No two people have the same needs or situations so shop around to ensure you are purchasing the best life insurance for you. If you have questions or concerns, please contact us! We’d be glad to help you find policies that match your lifestyle, family considerations, and/or business needs.
Life Insurance Blog is an independent life insurance broker. Simply put, we shop from dozens of the best life insurance companies in the market to find the one that is best for your specific situation. Our goal is to help seniors get the best rate and policy that is right for them. We’ll help you from start to finish, answer all your questions and help you through the entire process.
We’ll go over the top life insurance companies and policies that will provide you with the best coverage and premiums available. The insurance companies and product available to you will depend on your given situation as well as what you are looking for.
To learn more about life insurance, make sure to visit our Life Insurance 101 page.