Buying Life Insurance for an Elderly Spouse: A Guide for Seniors

Caring for an aging spouse brings peace of mind—but it also raises important financial questions.

One of the most common concerns seniors face is whether it’s still possible (or worthwhile) to buy life insurance for an elderly spouse.

The short answer? Yes—life insurance for an elderly spouse is not only possible, it can be one of the smartest financial decisions you make.

This guide explains your options, costs, eligibility rules, and how to secure coverage quickly, even if your spouse is over 60, over 70, over 80, or dealing with health issues.

👉 Ready to see what coverage your spouse qualifies for?

Request a free life insurance quote today—no obligation, no pressure.

Can You Buy Life Insurance for an Elderly Spouse?

Yes, you can buy life insurance for an elderly spouse as long as they consent and participate in the application. While age and health affect options and pricing, many insurance companies specialize in senior and elderly coverage.

Life insurance for older spouses is commonly used to:

• Cover final expenses and funeral costs
• Protect a surviving spouse from medical bills or debt
• Replace pension or Social Security income
• Leave a small legacy for children or grandchildren

👉 Compare senior life insurance options in minutes. Get a free quote now.

Best Life Insurance Options for an Elderly Spouse

1. Final Expense (Burial) Life Insurance

This is the most popular choice for seniors.

Why it works well for elderly spouses:

• Coverage typically ranges from $5,000–$25,000
• No medical exam required
• Simple health questions
• Approval often within 24–72 hours
• Designed to cover funeral and end-of-life costs

👉 Check if your spouse qualifies for final expense coverage—free quote available now.

2. Guaranteed Issue Life Insurance

If your spouse has serious health conditions, this option guarantees approval.

Key features:

• No health questions
• No medical exam
• Coverage usually up to $25,000
• Available up to age 85
• Higher premiums, but approval is guaranteed

👉 Even with health issues, coverage may be available.

Request a guaranteed issue quote today.

3. Simplified Issue Whole Life Insurance

A middle-ground option for elderly spouses in average health.

Benefits include:

• Moderate coverage amounts
• No medical exam
• Faster approval than traditional policies
• Builds cash value over time

👉 Find out which senior policies your spouse qualifies for—get a free quote now.

What Is the Age Limit for Buying Life Insurance for an Elderly Spouse?

Most insurers offer coverage for seniors between:

• Ages 50–85

The older your spouse is, the more important it becomes to choose the right type of policy, rather than focusing on large coverage amounts.

👉 Age alone doesn’t disqualify your spouse. Check eligibility instantly with a free quote.

How Much Does Life Insurance for an Elderly Spouse Cost?

Costs depend on:

• Age
• Gender
• Tobacco use
• Health conditions
• Type of policy
• Coverage amount

Typical monthly premiums:

• Final expense: $40–$150
• Guaranteed issue: $70–$200
• Simplified whole life: $60–$180

While premiums are higher than for younger applicants, many seniors find coverage surprisingly affordable, especially when focused on final expenses.

👉 See real pricing based on your spouse’s age and health—request your free quote now.

Do You Need Your Spouse’s Permission?

Yes. Your spouse must:

• Give consent
• Answer basic health questions (unless guaranteed issue)
• Sign the application

This protects everyone involved and ensures the policy is valid.

Why Buying Life Insurance for an Elderly Spouse Makes Sense

Even later in life, life insurance can:

• Prevent funeral costs from becoming a financial burden
• Protect savings and retirement income
• Reduce stress for the surviving spouse
• Provide dignity and peace of mind

For many seniors, life insurance isn’t about wealth—it’s about love, responsibility, and preparation.

👉 Take the next step for your family’s security. Get a free life insurance quote today.

How to Buy Life Insurance for an Elderly Spouse (Step-by-Step)

1. Choose the right policy type (final expense, simplified, or guaranteed issue)
2. Compare multiple insurers
3. Complete a short application
4. Receive approval—often within days
5. Enjoy peace of mind knowing your spouse is protected

👉 Start the process now—it takes just minutes to request a free quote.

Frequently Asked Questions

1. Can I insure my spouse if they have health problems?

Yes. Guaranteed issue and final expense policies are specifically designed for seniors with health conditions.

2. Is a medical exam required?

Most senior policies do not require a medical exam.

3. Can I be the beneficiary?

Yes. Spouses are commonly listed as beneficiaries.

Final Thoughts: Protecting Your Spouse, Protecting Your Peace of Mind

Buying life insurance for an elderly spouse isn’t about age—it’s about planning wisely and caring deeply. With the right policy, you can protect your finances, reduce stress, and focus on what matters most: time together.

👉 Don’t wait until it’s too late. Compare senior life insurance options now and request your free quote today.

Compare Guaranteed Issue Life Insurance Quotes

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

Highly Recommended – Gerber Life

Gerber Life offers guaranteed issue life insurance for people ages 50 to 80. Choose $3,000 up to $25,000 of coverage. Rates start as low as $17.69 per month. There’s no medical exam and no health questions. You cannot be turned down. Start Your FREE Quote.

Resources:

• Tips for Buying Senior Life Insurance
• Senior Life Insurance FAQs
• Guide to Guaranteed Acceptance Life Insurance
• Tips for Buying Guaranteed Issue Life Insurance
• Guaranteed Issue Life Insurance FAQs
• Pros and Cons of Guaranteed Issue Life Insurance
• A.M. Best Company: Compare financial strength ratings of life insurance companies
• Life Happens.org: Learn about life insurance and review facts.

About Our Methodology

Reviewed By: President of Term Life Online – AU, AAI, ARM

• 30+ years of experience in insurance planning

How We Keep This Guide Accurate: We regularly updates our content to reflect the latest rates and industry trends. We are committed to providing transparent, unbiased information to help you make the best decision for your family.

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