Affordable Life Insurance Protection for Your Family
Are You in Search of Life Insurance for the Elderly?
If so, you may be wondering where you can find the best life insurance plan, at the best price, to meet your needs, and fit your budget.
Today, almost everyone is eligible for Life Insurance. Regardless of your health condition, tobacco usage, age, or employment, there’s a life insurance plan for you.
Term life insurance for the elderly provides much needed protection in case the insured person passes away. This insurance can provide flexible terms of coverage to meet your specific needs, and help provide money to pay for your burial and funeral expenses, or provide additional money for your spouse, or other loves ones.
When choosing a term life insurance policy for the elderly be aware that your coverage will last for a specific number of years, the "Term" of your policy, which may be 5 years, 10 years, 15 years, or longer.
Also, your term life policy does not build cash value inside the policy. You are paying only for life insurance protection. Your life insurance coverage amount would be paid to your beneficiary if you were to pass away during the term of the life insurance policy.
Make sure to ask if your policy is renewable, meaning can you renew your life insurance policy when the term expires.
Also, ask if your life insurance premiums will remain level (the same) each year of your policy. This is considered level term life insurance, where the premiums and the coverage amount remain the same each year of your life insurance policy.
You can request free elderly life insurance quotes that will save you time and money. You can compare the lowest prices from more than 40 of the top life insurance companies, offering you affordable protection.
Tips for Buying Term Life Insurance for Elderly
How to Save Money on Life Insurance
There are several tips you can use to help you get more affordable life insurance premiums on your coverage.
Term Life Insurance Quotes for Elderly People
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.
How to Get Guaranteed Issue Elderly Life Insurance
Guaranteed issue life insurance plans for seniors can help pay for costly final expenses.
United of Omaha Guaranteed Plans provide valuable whole life insurance to help cover final expenses, such as medical bills, burial and funeral costs and unpaid debt.
Guaranteed Life Insurance Benefits
Your Acceptance is Guaranteed
If you are between the ages of 45 and 85, you are guaranteed acceptance regardless of your health history.
There’ s no medical exams to complete and no health questions to answer.
Applying for Guaranteed Life Insurance is Simple
Your Guaranteed Issue Whole Life Insurance Policy Builds Cash Value
Learn More About Guaranteed Life Insurance
Are You an Elderly Person in Need of Life Insurance with Guaranteed Approval?
If so, you’ve come to the right place.
Did you know seniors can now purchase their life insurance with guaranteed approval?
What is Guaranteed Life Insurance?
It means you cannot be denied coverage due to any health problem.
As long as you meet the age requirements, and live in a state where the insurance company is licensed to do business and offers the plan, you can get insured.
It’s quick and easy, there’s no hassles, no delays. There’s no physical exam needed and you won’t have to answer any questions about your health.
How does that sound? Pretty good, right?
So, how much does your guaranteed issue plan cost? It just takes a minute to find out.
What are the Benefits of Guaranteed Coverage?
Guaranteed Life Insurance FAQs
What Kind of Coverage is Guaranteed Life Insurance?
It’s a whole life insurance policy for adults between 45 and 85 years old. That means, as long as you pay your premiums on time, you will have your life insurance coverage for your entire lifetime.
What are the Age Requirements to Get Insured?
Coverage is guaranteed for people ages 45 to 85.
How Much Life Insurance with Guaranteed Approval Can I Get?
It depends on the plan and insurer, but some policies offer from $3,000 up to $25,000 of insurance.
However, if you need more insurance, you may be able to purchase guaranteed life insurance from more than one company.
Will My Premiums Ever Increase?
No, with United of Omaha Guaranteed Issue Life Insurance, the amount you pay when your coverage begins is the same amount you’ll pay throughout the duration of your policy.
The only time your premiums may change is if you decide to increase coverage, or you change the frequency of your premium payments.
What Insurance Carriers Offer Guaranteed Policies?
There are several highly-rated insurers now offering guaranteed acceptance plans including:
Can I Get a Policy for My Spouse?
Yes, you can purchase coverage for yourself, your spouse (or partner), or if you want, you can get plans for both you and your spouse (or partner).
Is There a Money Back Guarantee?
In case you change your mind or you aren’t happy with the life insurance after you purchase your plan, you have up to 60 days to return the policy for a 100% full refund of all the premiums you paid. So, there is no risk to you.
Guaranteed Issue Life Insurance Quotes
Top Pick – United of Omaha
United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 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.