Can A 70 Year Old Get Term Life Insurance?

Yes, a 70 year old may purchase life insurance coverage.

However, the cost and or approval for coverage, as well as the amount of life insurance available, will depend on the life insurance company, as well as, your own personal risk factors.

Your health will play a big role in determining if you qualify for life insurance at age 70. Also, your height-to-weight ratio, lifestyle, tobacco use, driving record and hobbies will impact your rate for coverage.

There are several well-known providers of senior life insurance coverage including Colonial Penn, Globe Life, Mutual of Omaha, and AARP/New York Life, among others.

When comparing over 70 life insurance plans make sure you find out the following:

1. How long will the term life insurance coverage least?

2. How long is the rate guaranteed to remain the same?

3. Does the amount of life insurance remain level, and for how many years?

4. Do you have full coverage from the start of your life insurance policy?

5. Is the death benefit graded over the first 2-3 years you are insured?

6. How long does it take to get approved and start your life insurance?

7. What is excluded by the life insurance policy - death in the first 2 years? Suicide?

8. Can you convert your term life insurance to permanent life insurance?

9. Can you renew your term life policy when your term expires? If so, what will the renewal premium be?

Here's how you can get your free quote for life insurance for people age 70 and over.