Yes, people over age 70 may qualify for life insurance coverage.
It depends on the person's age and health, and the life insurance company's guidelines for approval.
In addition, the type and amount of life insurance the person needs will impact acceptance, and the cost of the life insurance policy.
It would be easier for someone over 70 to qualify for a term life insurance plan providing coverage for 10 years or less, instead of a permanent life insurance policy providing lifetime protection.
In addition, rates for life insurance over age 70 are high and may end up costing more than the person will pay in premiums for the life insurance policy over the life of the plan, depending on how much life insurance is provided by the policy, and how long the person lives.
Here's how you can request a free quote on
over 70 life insurance and find out if you qualify for life insurance coverage.
