Is there life insurance for people over 50 years old?

Yes, in fact, there are several types of over 50 life insurance plans available, including term life insurance, permanent life insurance and guaranteed issue life insurance.

The cheapest type of over 50 life insurance plan is term life which offers temporary coverage for a duration of 10, 15, 20, 25 or 30 years.

Permanent life insurance cost a lot more, and provides lifetime protection, as long as you pay your premiums. It also builds some ca...