Life Insurance over 50

Is there life insurance for people over 50?

Yes, in fact, there are several types of over 50 life insurance plans available, including term life insurance, permanent life insurance and guaranteed issue life insurance.

The cheapest type of over 50 life insurance coverage is term life which offers temporary coverage lasting for 10, 15, 20, 25 or 30 years.

Permanent life insurance costs a lot more, and provides lifetime protection, as long as you pay your premiums. It also builds cash value inside the policy.

Guaranteed-Issue life insurance policies offer a limited amount of coverage for seniors, usually from ages 45-75, 40-80, or 45-85. If you meet the age requirements for approval, you cannot be denied coverage.

Learn more about finding affordable life insurance over 50.