Is there Life Insurance for Seniors?

Yes, there are life insurance policies available for senior citizens.

In fact, seniors may be able to choose from several different types of plans, including Permanent Life Insurance, Term Life Insurance, or Guaranteed Issue Life Insurance.

However, the premium you are charged and whether or not you are accepted for coverage will depend on your age, health, tobacco use, and other key factors the insurer takes into consideration when you apply for life insurance.

Term life is the most affordable coverage because it provides temporary protection, usually you can choose from 5, 10, 15 or 20 years of term life for seniors.

Whereas, permanent life insurance costs more because it provides guaranteed lifetime protection.

Here's how to learn more about life insurance for seniors, and request your free life insurance quote online.