Affordable Life Insurance Protection for Your Family

Life Insurance for Seniors Age 50 to 85

Life Insurance for Seniors Age 50 to 85.

Is There Life Insurance for Seniors Age 50 to 85? 

Yes, in fact, people age 45 to 85 can get life insurance with guaranteed approval.

Guaranteed issue life insurance plans offer seniors a way to get insured without having to take any physical examination or answer any questions about the status of their health.

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.

There are many insurance companies that stop offering life insurance coverage to people once they turn 75 or 80 years old, and the premiums charged for some of these policies are very expensive.

If you’re a senior looking for coverage, you should consider burial insurance policies (also known as funeral or final expense insurance) — which are basically small whole life insurance policies. 

Here’s why:

  • Life Insurers are often willing to work with older customers over age 70.
  • Face values usually range from $5,000 to $25,000, so it should be enough to cover funeral expenses and other basic end-of-life costs.
  • Since the face values are smaller, premiums charged are usually smaller, which can be a better fit for a senior on a fixed budget.
  • The money (death benefit) is paid out to the beneficiary in a lump sum, so your beneficiary can spend the money on whatever he or she sees fit.
  • Qualifying for a burial insurance policy is usually easier; you may have to answer some basic health questions, but you won’t have to worry about taking any medical examination.

Although many of today’s seniors ages 50 to 85 suffer from age related illnesses; such as, heart disease, diabetes, renal failure, obesity, COPD, emphysema, cancer and other major illnesses for which they may be unable to get life insurance, or if they do get coverage the monthly premium is very costly.

However, there are life insurers that offer life insurance with guaranteed approval at rates that may fit your budget.

You can even get insured regardless of your health condition.


Guaranteed Coverage Features:

  • No Medical Exam
  • No Health Questions Asked
  • Up to $25,000 of Coverage
  • Available for People Ages 45 to 85
  • Builds Cash Value Inside Your Policy
  • Premium Never Increases
  • Coverage Amount Never Decreases
  • Insurer Will Not Cancel Coverage Due to a Change in Your Health, Unless You Request to Cancel Your Policy


Can I Get Life Insurance for My Spouse, Too? 

Yes, if you are married, you can buy guaranteed life insurance coverage for your spouse.


What If I Change My Mind After Buying Coverage? 

Your guaranteed coverage policy comes with a 30-day money-back guarantee. That means, you have 30 days to return your policy and get a full 100% refund of all premiums paid.


Life Insurance Terms to Know


  • Whole Life Insurance – Usually costs more than a term life policy as coverage lasts for the entire life of the insured. The policy builds cash value. Premiums do not increase.
  • Burial Insurance Policy – A burial policy (sometimes referred to as a Final Expense Policy) is a small whole life policy for which the death benefit is paid to the senior’s beneficiary upon the death of the insured.
  • Graded Death Benefit Policy Limitations – The life insurance company guarantees to accept all policy applicants of age 45 to 85.

The insurance company make’s this possible with a Graded Death Benefit Limitation. 

During the first two years you are insured, the policy pays 110% of total premiums for non-accidental death.

Full Death Benefit any time after the first 2 years for non-accidental death. (Full Death Benefit paid at any time for accidental death).

Life Insurance Face Amount of Coverage

The proceeds of a burial insurance policy are generally used to pay for funeral expenses and other final expense costs; such as, medical bills. 

The typical coverage amount seniors request is usually around $10,000 to $15,000.

We have a life insurance carrier that offers up to $25,000 of coverage. 

There are no restrictions on how the beneficiary can use these funds. 


Mutual of Omaha Insurance Company Ratings 

A+ Superior rating with A.M. Best Company, Inc. for overall financial strength and ability to meet ongoing obligations, including paying claims on life insurance policies.

What is the Best Life Insurance for Seniors? 

Whole Life Insurance:

  • Your Policy will Never Cancel because of your Age.
  • Your Monthly Premium will Never Increase.
  • Your Policy Builds Cash Value for Borrowing or Surrender.


Senior Life Insurance with No Health Exam


Depending on your age and medical conditions, some life insurance companies may not provide coverage, or will charge you a high premium for their whole life insurance plans.  

However, our A+ Rated life insurance carrier will provide you with affordable life insurance coverage (with No Medical Exam) up to age 85.


Senior Life Insurance for People Ages 45 to 85

Most Life Insurance companies have a cut off age of 80 years old. 

Our "A+" rated life insurance carrier will provide you with life insurance coverage even if you are 85 years of age.  

You can get a Whole Life Insurance Policy with No Health Exam required.


Many seniors age 50 to 85 need life insurance for the following reasons:

  • To Pay for Final Expenses
  • To Replace Income
  • To Pay Off Medical Bills
  • To Pay Off Credit Card Debt
  • To Provide for Spouse’s Retirement


Whether you are healthy or ill, you’re over age 80, or you have been turned down for life insurance from other insurance companies, you can get insured.

Life insurance with guaranteed acceptance is available for seniors age 45 to 85.


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Life Insurance for Seniors Age 50 to 85

Disclosure: Compensated Affiliate