Affordable Life Insurance Protection for Your Family
Is there Whole Life Insurance for Seniors?
Senior whole life insurance offers you a quick and easy way to get up to $25,000 of permanent life insurance to last your entire lifetime.
Many seniors choose to buy a whole life policy to help provide the money needed to cover the cost of their final expenses.
With guaranteed approval final expense coverage your life insurance is guaranteed your entire life and easy to purchase.
You don’t have to meet with an insurance agent, sit through a high-pressure sales pitch, or wait weeks to get approved and receive your insurance policy.
Senior Guaranteed Whole Life Plans May Offer You:
Whole Life Insurance Questions and Answers
What is Whole Life Insurance?
It's permanent lifetime protection that builds cash value and pays out a death benefit when you die. You may be able to take a loan from the cash value that accumulates in your policy over time.
What is Final Expense Whole Life Insurance for Seniors?
It’s a type of permanent life insurance policy that provides the funds needed to pay for all of your burial and funeral costs, and related expenses.
Your coverage lasts your entire lifetime and builds cash value, as well as paying out a death benefit upon your passing.
Do I Need a Medical Exam for Final Expense Whole Life Coverage?
No, a medical examination is not required in order to purchase guaranteed approval whole life final expense coverage.
What is a Graded Benefit Whole Life Insurance Policy?
Graded benefit life insurance is coverage that provides full death benefits after the insured person is insured for at least 2 years. The first 2 years you are insured you have a portion of the death benefit paid out if the insured passes away at that time.
Can I Qualify for Coverage if I have a Pre-Existing Health Condition?
Yes, you cannot be turned down for guaranteed issue whole life coverage due to any health issue if you meet the age requirements for approval.
Can My Premiums Ever Increase?
Usually, a senior whole life final expense policy has level premiums, which means the premium stays the same throughout the entire life of your insurance policy.
Can I Buy Whole Life Insurance for My Spouse?
Yes. If you are married you have an insurable interest in your spouse, and you may purchase life insurance on him or her.
Top Guaranteed Issue Whole Life Insurance Companies
In some cases, people who would be turned down for a life insurance policy are those who have medical issues. These people do have an option because there are life insurance companies that will write a guaranteed issue life insurance policy for them.
These life insurance policies do not require that applicants take a medical examination. Anyone in any situation can apply for this type of life insurance coverage, and they are guaranteed to receive a policy.
The guaranteed issue life insurance policy is a good option for people looking for life insurance who have been in the following situations:
Whole Life Insurance Quotes for Seniors
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.
United Omaha offers guaranteed protection for seniors, people with health issues and those who have been turned down for life insurance by other insurers. If you’re between the ages of 45 to 85 you cannot be denied coverage.
Highly Recommended – Met Life
MetLife offers guaranteed issue life insurance for people age 45 to 75. Choose $2,500 up to $20,000 of coverage. Rates start as low as $10 per month. There’s no medical exam and no health questions. You cannot be turned down.