How Much Does Term Life Insurance Cost For A 65 Year Old?

The cost of a Term Life Insurance Policy or a 65 year-old person will depend on several factors, including the following:

1. The gender of the applicant. At age 65, men pay much higher life insurance premiums than women.

2. The length of your policy term. There is a big difference between the price of a 10 year Term life policy and 20 year Term life policy at age 65 because mortality rates rise so much as we age. So, at that age there is a greater risk of death as you get older.

3. The health of the applicant. Health conditions can make a big difference in life insurance premiums charged for a 65 year old.

Shopping among multiple life insurance carriers can be of great benefit at age 65, because the difference in premiums among insurance companies are greater than when you were younger. Some insurance companies even give preferential underwriting to older persons depending on the type and amount of life insurance coverage.

Compare life insurance for seniors 65 and over.