Can I get life insurance on my elderly parents?
Yes, an adult child may purchase life insurance on an elderly parent.
Many people choose to buy life insurance to provide money to pay for the final expenses for their parents.
In addition, even of your parents are over age 70 or have a health problem, there are guaranteed approval life insurance plans available that can give you the life insurance protection needed for your elderly parents.
Some plans offer up to $25,000 of guaranteed approval life insurance for people age 45 to 85. And, there's no health exam required and no health questions asked.
However, there are limited death benefits the first two years your parents are covered.
Learn more about how to buy
life insurance for elderly parents.
