Are you a senior citizen in need of life insurance?
If so, you may be wondering how much a life insurance policy for seniors costs or if you would even be able to qualify to buy a life insurance policy.
These are very good questions. But, first, consider what it is you need the life insurance to accomplish?
Is it for paying your final expenses, including your funeral and burial costs? If so, you may need as much as $10,000 of life insurance depending on the memorial service, casket, headstone and other expenses.
Or, you may want to leave money for your spouse, or your children.
No matter what your reason for life insurance may be, you can compare pricing on life insurance policies for senior citizens in just a matter of minutes.
And, there’s no need to meet with an insurance agent, sit through a high-pressure sales pitch, or wait weeks to find out if you qualify for life insurance.
How do I compare senior life insurance rates?
It’s really very simple. You just click on the life insurance quote link above, answer some basic questions, and you instantly receive the lowest prices for senior life insurance from a large network of highly-rated life insurance companies.
Can I get life insurance without taking any physical examination?
Yes, you may be able to purchase a life insurance policy with no exam required.
People age 85 and under can purchase up to $25,000 of guaranteed issue life insurance with no medical exam and no health questions asked.
Who gets my life insurance if I pass away?
When you purchase your life insurance policy you select who you wish to receive the proceeds (death benefit) from your policy. This is called the "beneficiary" of your life insurance.
The beneficiary can choose to use the proceeds from your life insurance as they see fit. The life insurance proceeds are usually paid out to the beneficiary free from any federal income taxes.
You can choose anyone you wish to be the beneficiary of your life insurance, but many people choose a spouse, relative, friend, or charity.
It’s important to let the beneficiary know that you have life insurance, and that they are named as beneficiary, and where to find your life insurance information so the beneficiary can contact your life insurance company to make a claim, upon your passing.
Life Insurance Quotes for Seniors
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
Highly Recommended – 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.