Is there life insurance for people over age 70?
Yes, there are life insurance plans for people age 70 and over. In fact, there are several life insurance carriers that specialize in insuring people who are seniors.Some of the leading providers of senior life insurance for people over 70 include Globe Life Insurance, Colonial penn, Mutual of Omaha, and AARP/NewYork life, among others.Over 70 life insurance usually provides you with a limited amount of life insurance, and higher rates than standard because of the greater risk of paying out a claim on over 70 life insurance plans. And, since rates are based on your life expectancy, the older you are when you purchase life insurance, the higher your annual premium.Here's how you can learn more about life insurance over 70 and find out if you qualify to buy up to $30,000 of simplified life insurance online without any health exam. You can get a free quote and apply online for your life insurance in about 5 minutes.
