$10,000 Life Insurance for 83 Year Old Female
Can an 83 Year Old Female Buy a $10,000 Life Insurance Policy?
Yes. Someone who is eighty-three years old may purchase $10,000 of life insurance coverage.
For many people, life insurance is a smart way to provide financial protection for family members in the event of their death.
It can also be used to cover debt and other expenses, helping to ensure that loved ones are taken care of should something happen to the policy holder.
However, when it comes to buying life insurance for an 83 year old female, there are some unique considerations to make and important steps to take to ensure that she gets the coverage she needs.
Types of Life Insurance Available for 83 Year Olds
When it comes to life insurance for an 83 year old female, there are two primary types of policies available: term life insurance and permanent life insurance.
However, most life insurers do not offer term life insurance for people over 75 years old.
In addition, many life insurers do not offer permanent life insurance for people, over 80 years old.
The Good News: People ages 45 to 85 (50-75 in NY) can buy guaranteed acceptance life insurance coverage from a highly-rated life insurance company.
Top Pick – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.
- Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee
Permanent life insurance provides coverage for a lifetime. It is generally more expensive than term life insurance, but it also accumulates cash value over time. This cash value can be used to help pay for living expenses, such as medical bills, or to supplement retirement income.
Permanent life insurance is the best choice for those looking for long-term financial protection and security.
How Much Does Guaranteed Life Insurance Cost?
The price you pay for life insurance with guaranteed approval will depend on several factors, including the following:
- Your Age
- Your Gender
- The Amount of Life Insurance
- Your State of Residence
- Tobacco Use
Can I Buy Life Insurance for My Spouse?
Yes, if you are married, you have an Insurable Interest in your spouse and you may purchase life insurance for your spouse.
What If I Change My Mind?
Your life insurance policy comes with a Free Look Period of 30 days. This means, once you receive your life insurance policy you have 30 days to cancel your policy for a full refund of all premiums paid.
How Much Life Insurance Can I Buy?
You may have the option of buying from $2,000 up to $25,000 of life insurance coverage with guaranteed approval.
What Type of Life Insurance Is Guaranteed Approval?
It is permanent life insurance coverage that lasts for your entire lifetime, as long as your premiums are paid.
Do I Have to Take a Medical Exam?
No. There is nil health examination required.
Do I Have to Answer any Health Questions?
No. There are no health questions for you to answer.
How Can I Get Insured?
Once you have requested your free quote, you can apply for your life insurance policy today. There will be some questions for you to answer, but the process is very straightforward.
Once you have applied for your policy which takes about 15 minutes, you can make your first month’s premium payment and start your life insurance coverage today.
Summary
Buying a $10,000 life insurance policy for an 83 year old female is an important decision, but it doesn’t have to be a difficult one. By carefully considering your individual needs and goals, you can ensure that you are getting the right type of life insurance policy at the best price.
Top Pick – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.
- Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee
Guaranteed Life Insurance for People Ages 50 to 85
$10,000 Life Insurance for 83 Year Old Female
Can I Buy a $10,000 Life Insurance Policy?
Can You Buy Life Insurance at Age 83?
Disclosure: Compensated Affiliate