Senior Life Insurance with Return of Premium

Can seniors get life insurance with return of premiums?

Yes, there are return of premium life insurance plans for seniors.

These plans are usually term life insurance policies and may offer from 5 to 20 years of term life insurance protection for senior citizens, depending on the applicants age.

The older you are, the shorter the term for coverage available.

If you outlive the duration of your term life policy, the insurer returns to you almost all of the premiums you paid while your policy was "In Force".

However, premiums are higher for return of premium policies, compared to regular term life insurance that does not return premiums.

Here's how you can learn more about senior life insurance with return of premiums.