What is the best company for senior life insurance?

There are several highly-rated life insurance carriers offering senior life insurance plans.

When choosing your insurance company and plan make sure o find out the following:

1. What is the financial strength rating of the insurer?

2. How much will the life insurance cost?

3. When does full coverage start - immediately or after 2-3 years?

4. How long is the rate guaranteed to remain level?

5. How long will the life insurance coverage last?

There are several well-known senior life insurance companies including Globe Life, Colonial penn, AARP/NewYork Life, and Mutual of Omaha, among others.

For instance, Globe Life, which is rated "A+" Superior for financial strength by AM Best, offers people age 78 and under up to $30,000 of simplified life insurance without any health exams. 

Here's how you can learn more about finding the best seniors life insurance company and plans.