Yes, there are life insurance plans available for your elderly parents who are over eighty years old.

You, as an adult child, may purchase life insurance on your elderly parent, because you have an Insurable Interest in your parent, which is required in order to buy life insurance on someone else.

There are several life insurance carriers that offer life insurance policies for people over 80 years old, including United of Omaha.

For example, United of Omaha offers up to $25,000 of life insurance protection for people ages 45 to 85 years old.

These plans are guaranteed acceptance, which means your parents cannot be turned down for coverage, if they meet the age requirement for approval. And, with guaranteed acceptance life insurance, there are no health exams required, and no medical questions to answer.

Here's how to buy life insurance for elderly parents over 80 years old.