Is there life insurance available for people over 65 years old?
Yes, a 65 year old may qualify for term life insurance, whole life, or choose guaranteed issue life insurance plans.
The cheapest type of life insurance coverage for 65 year olds would be term life, because it offers temporary protection, usually up to 10 or 15 years, for people over 65.
Whole life insurance is much more expensive because it provides lifetime protection, as long as you pay your premiums.
And, if you have a pre-existing health issue, or you've been denied coverage by other insurers, then you may want to consider buying a guaranteed-issue policy, which guarantees you for acceptance if you meet the age requirements; for example; ages 45 to 85.
Here's how to get life insurance for people over 65 years old.
