Friday, February 17, 2017

Life Insurance at Age 80?


Is there life insurance available for 80 year olds?

Yes, an 80 year old may be able to purchase a guaranteed issue whole life insurance policy.

These plans offer guaranteed approval with no physical exam and no health questions asked.

There are usually graded benefits the first two years you are insured, which means you won't have full death benefit coverage until after two years. That's how they can guarantee your approval for a policy.

Some guaranteed plans offer as much as $25,000 of life insurance protection.

Here's how to get life insurance at age 80

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