When it comes to buying life insurance for someone over age 50, there are several highly-rated life insurance companies.

However, choosing the best company will depend on your needs and budget, as well as, the insurer's financial strength rating and what the plan provides you as far as immediate full coverage and affordability.

There are several well-known insurers of people over age 50 including Globe Life, Colonial Penn, AARP/NewYork Life, Metlife and Prudential, among others.

One way to find the best company and plan is to meet with a local life insurance agent with access to a large network of leading insurers.

Or, you could learn more about life insurance for people over 50 online and compare free, instant life insurance rate quotes to help you find the most affordable plan from a highly-rated insurer.