Whole Life Insurance for Seniors

Can senior citizens buy whole life insurance policies?

Yes, there are whole life policies, also known as, permanent insurance policies available for senior citizens.

These whole life plans provide guaranteed lifetime protection, as long as the premiums are paid on time.

Whole life insurance provides a death benefit payout upon the passing of the insured person. These permanent insurance plans also build up cash value inside the policy, from which you may take a loan. Request a free quote.

Your life insurance premiums remain the same, and your insurance coverage does not decline, or expire.

There are guaranteed-issue permanent life policies for seniors age 45 to 85. Guaranteed coverage means you can't be turned down due to any pre-existing health condition.

Here's how to buy whole life insurance policies for seniors.

Whole Life Insurance for Seniors

Can seniors get whole life insurance even if they have health issues?

Yes, there are whole life insurance policies available for a senior citizen that has a health condition.

In fact, even if you have been turned down due to your age, health or some other reason, there are guaranteed issue whole life insurance plans available for seniors.

Some insurers offer up to $25,000 of whole life coverage and you may purchase a policy from more than one insurance carrier, if needed.

These guaranteed whole life insurance policies for seniors offer guaranteed approval based on your age, some guaranteeing approval for people ages 45 to 85.