Affordable Life Insurance Protection for Your Family

Life Insurance for Parents over 75

How to Get Life Insurance for Parents Over Seventy-Five


Are Your Parents Over 75 and Need Life Insurance?

Life Insurance for Parents over 75

Today, there are several highly-rated life insurance companies that now offer life insurance for high risk people with health problems.

And, you may be able to shop, compare plans and pricing, and apply completely online for your policy.

Although many insurance carriers do not insure people with health issues due to the high risk of someone being insured and then not having a long-life expectancy, there are plans called "Guaranteed Acceptance" life insurance that offer guaranteed approval for anyone who meets the age requirements.

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.

If you have a parent or parents over age 75, they may be in need of life insurance to help provide for the family, or maybe to plan for your future final expenses.

It can be difficult finding the insurance your parents need if they are ill. Many insurers may not want to insure someone with health issues, or the cost may be very expensive, well beyond their budget. 

Guaranteed issue life insurance plans are able to accept anyone for life insurance that meets the age requirements because they provide limited death benefits (graded benefits) the first two years your parents are insured. After that, they have 100% full coverage.


Why Should I Buy Life Insurance for My Parents?

Many adult children buy life insurance coverage on their parents to help with the cost of their parent's final expenses, including funeral and burial costs.

If you buy life insurance on your parents you can name yourself as beneficiary of their life insurance policies. 

And, you can use money from the life insurance policies to help pay for your parent’s burial, funeral, casket, memorial service and other final expenses.

In order to buy life insurance on another person you are required to have an "Insurable Interest" in the person you want to insure.

Insurable Interest exists between parents and their children, spouses, family members, and business partners, among others. 

Basically, insurable interest means you stand to lose financially if the person you wish to insure dies, or you rely on that person for some means of financial support.

Since insurable interest does exist between parents and their children - YES, you can buy life insurance on your parents.


In order to purchase life insurance coverage on your parent or parents, you may or may not need the following:

  • Your parent’s permission.
  • Your parent’s signature on the application for life insurance.
  • Your parent may need to answer some health questions.


However, there are some life insurance companies that may allow you to buy life insurance on your parent without your parent's knowledge.


No Physical Exam Life Insurance for Your Parents

There are several benefits to purchasing life insurance without exams for your parents, including the following:

  1. No Physical Exam Required
  2. No Health Questions Asked
  3. Guaranteed Acceptance for Ages 45-85


Benefits of No Exam Life Insurance for People over 75

With no exam life insurance, your parents won’t have to deal with the hassle of a doctor’s visit, blood and/or urine testing, or the stress of waiting to find out if they are accepted for coverage.

Guaranteed Issue no exam plans make it quick and easy for you to get the life insurance protection your parents need without any delays or hassles.

You can start by requesting a free quote for each of your parents through United of Omaha, which is rated A+ Superior for financial strength by AM Best Company.

Your parents’ life insurance through United of Omaha comes with a 60-day risk-free, money-back guarantee.


Factors to Consider When Buying Life Insurance 

for Parents over Age 75


  1. Age – People age 45 to 85 may qualify for a guaranteed issue plan.
  2. Amount of Coverage – Purchase from $3,000 up to $25,000 of life insurance.
  3. Carriers – Some of the leading guaranteed issue insurance companies include United of Omaha, Metlife, AARP/NewYork Life and Colonial Penn.
  4. Graded Benefits – There is limited coverage the first 2 years you are insured, then you have full coverage.
  5. Level Premiums – Premiums are guaranteed never to increase. 
  6. Level Benefits – Life insurance death benefit is guaranteed never to decrease. 
  7. Permanent Protection – Guaranteed Lifetime protection.
  8. Cash Value – Builds cash value inside the policy, from which you may take a loan


No matter what type of illness you have, if you meet the age requirements, you may purchase guaranteed acceptance life insurance.


Leading Illnesses for Seniors Over 75 in America 


Top 10 Diseases of the Elderly Americans

  1. Parkinson’s Disease
  2. Alzheimer’s Disease
  3. Depression
  4. COPD
  5. Osteoporosis
  6. Heart Disease
  7. Diabetes
  8. Hypertension
  9. Arthritis 
  10. Hearing Impairments


Common Reasons Seniors are Turned Down for Life Insurance


If you have parents over 75 years old, they may have already applied for life insurance and been turned down due to their health.

There are many common health reasons people over 75 are denied coverage, including:

  1. Obesity
  2. Cancer
  3. COPD
  4. Alzheimer’s
  5. Emphysema


Common Reasons To Purchase Life Insurance

On Your Parents If They Are Over 75


  • To cover cost of their final expenses
  • To replace your parent’s income for the family
  • To provide for your surviving parent’s retirement
  • To pay off debt
  • To pay off mortgage loan
  • To provide for your child or grandchild’s education


Whole Life Guaranteed Approval Insurance Provides the Following:

  • From $3,000 up to $25,000 of Life Insurance Protection
  • Guaranteed Approval for People Age 45 to 85
  • No Medical Exam and No Health Questions Asked
  • No Decrease in Life Insurance Benefits
  • No Increase in Premiums
  • Builds Cash Value You Can Borrow Against


About United of Omaha Life Insurance Company

United of Omaha has been issuing life insurance policies in America since 1926.

United of Omaha Life Insurance Company is rated "A+" (Superior) as of 7/2013 by A.M. Best Company for financial strength and ability to meet ongoing obligations to policyholders*. 

There is no better time than now to help secure the future for your loved ones.


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.


Highly Recommended – Met Life

Met Life offers guaranteed acceptance life insurance for people age 45 to 75. Choose $2,500 up to $20,000 of coverage. Rates starts as low as $10 per month. There's no medical exam and no health questions. You cannot be turned down.



Life Insurance for Parents over 75

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Disclosure: Compensated Affiliate