Insurance Companies

Ages 0 to 85

Life Insurance at Age 70

in Ages 0 to 85

So how much does life insurance cost at age 70? Well, there are several factors that play a part in the rate you pay for life insurance. The first is which type of life insurance you choose- whole life or term life. After that, the biggest factor in your life insurance cost is age. The older you are, the more life insurance costs. Other factors to consider are health issues, family health history, smoking status, occupation, hobbies,and your driving history.

Whole life insurance at age 70

If you choose a whole life insurance policy, then your premiums will be fixed and level for the rest of your life. There are many carriers that offer simplified issue life insurance policies so there is no medical exam. Burial insurance and final expense life insurance are examples of whole life policies. These are the most common types of coverage for someone at age 70. It is affordable and fairly easy to qualify for.

Term life insurance at age 70

If you want a term life insurance policy, then you should know that most carriers will only allow up to a 15 year term policy at 70 years old. That means you will have temporary life insurance coverage that will last until you are 85 years old. If you live past that age, your policy will expire and you will not be able to obtain anymore coverage.

Here are some example quotes to give you an idea of how much you might pay for life insurance at age 70. These rates are based on a preferred health rating for a non-smoker.

$25,000 Whole Life Insurance
Male: $170.11 per month
Female: $124.36 per month

$100,000 Term Life Insurance- 15 year term
Male: $1635 per year
Female: $972 per year

Get A Free Quote for Life Insurance At Age 70

These rates are meant to be examples only. If you are looking for life insurance at age 70 then be sure to compare quotes today to find out how much your rate is. You can also speak with an experienced insurance professional at 1-877-801-4402 and obtain rates over the phone or simply ask questions about the type of coverage that is best for you.

Life Insurance at 60 Years Old

in Ages 0 to 85

At 60 years old you are approaching retirement or maybe you’ve retired already. At his age your needs for life insurance are very different than when you were in your 30s, 40s, and 50s. You might be thinking about your children and grandchildren and wondering what you are going to leave behind for them. Or maybe you just want to have enough life insurance coverage to cover your final expenses so you won’t be a burden on your family members. Either way, you still have many options for life insurance at 60 years old.

As you know, life insurance costs more as you get older. You can still qualify for a term life insurance policy
at 60. In fact, many carriers will offer up to a 25 year term policy for a healthy 60 year old. That means you’ll have life insurance coverage until you are 85 years old. A 60 year old male will pay about $1600 per year for a $150,000 20 year term policy. A 60 year old female will pay around $1200 per year.

Life Insurance at 60 – What if I have some health problems?

If you have some health issues or you just want enough life insurance to cover your final expenses, then you should consider a simplified issue whole life policy. Simplified issue means that you don’t have to go through a medical exam. The application is basically a set of yes or no health questions. These policies are available for ages 50 to 85 and the face values range from $3,000 to $50,000.

For example, a 60 year old female will pay about $80 per month for $25,000 worth of whole life and a 60 year old male will pay around $100 per month. The advantage of whole life insurance at age 60 is that it’s permanent insurance and your rates will remain level for life.

Life Insurance at 60 – Compare Rates Today

To get the absolute lowest rates for your particular situation, make sure you speak with an experienced agent who works with multiple highly rated carriers. He or she will take into account your age, health status, family health history, and more before recommending the best carrier. If you want to speak with a qualified insurance professional about your particular situation then call 1-877-801-4402. You can also compare free quotes online from many of the nation’s top carriers by filling out a short quote request form.

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Life Insurance at 52 Years Old

in Ages 0 to 85, Life Insurance Cost, Quotes

At 52 years old your life insurance needs have probably changed a lot since you were in your 20s, 30s, and 40s. You might need less life insurance because your children are grown and on their own now or maybe you’ve paid off your mortgage. Or maybe you need more insurance because your children are just starting to enter college or maybe you’ve bought a bigger house. Either way, you can still find affordable life insurance at 52 years old. If you are looking for term life then you should know that you can still qualify for a 30 year term life insurance policy if you are in good health. That means that you will have insurance coverage until you are 82 years old.

Life Insurance At 52 Years Old – Sample Rates

Here’s an idea of what you might pay for term life and whole life insurance coverage at 52 years old. These are example quotes based on a preferred health rating for a non-smoker.

$250,000 30 Year Term Life Insurance

Male: $1350 per year
Female: $910 per year

$250,000 Whole Life Insurance

Male: $4000 per year
Female: $3200 per year

Life Insurance at Age 52 – Compare Rates Today

The first step is to shop around and compare rates from several carriers. Get a free quote online and compare multiple policies from top rated companies. If you have some questions about what type of coverage you need, or if you want to obtain rates over the phone, you can call 1-877-801-4402 to speak with an experienced insurance professional.

Life Insurance at 65 Years Old

in Ages 0 to 85

Your life insurance needs change along with the phases of your life. At 65 years old, you probably don’t need as much life insurance as you did when you were 30. This is assuming that your children are grown and have made it through college and your home is paid off. Age 65 is when most people make the decision to retire so it’s the perfect time to reevaluate your life insurance coverage. Whether your group coverage is ending because of retirement, your term policy is expiring, or you just want to downgrade your life insurance because you don’t need as much coverage, there are still plenty of options for life insurance at 65 years old.

Term Life Insurance at 65 Years Old

At this age, most carriers will allow up to a 20 year term, which will give you insurance coverage until you are 85 years old. Here are some examples of what a $150,000 20 year term policy might cost you. This is based on a preferred health rating.

65 year old non-smoking male: $1890.00 per year
65 year old non-smoking female: $1265.00 per year

These rates are assuming that you are in great health. If you have some health issues, as most seniors do, you can expect to pay a little bit more. High blood pressure and cholesterol and common issues for seniors and, when adequately controlled, do not pose as much of a problem as more serious health problems such as cancer, heart disease, or a history or stroke or diabetes. If you have some of these health issues, then be sure to get a free quote from an experienced agent. In most situations, you can still find life insurance coverage but you’ll need to find the right carrier to cover you. An experienced agent will be able to guide you in the right direction to the carrier who has the best rates for you.

Whole Life Insurance at 65 Years Old

If you want permanent coverage that will last you for the rest of your life, then whole life insurance is a great option at 65 years old. You can get a smaller policy for final expenses and be comfortable knowing that your family will be able to take care of funeral and other expense if / when something happens to you. Whole life insurance costs more than term life, but your premiums will be level for the rest of your life and the coverage is there whether you live to be 66 or 106. Here are some rate examples for a $35,000 whole life insurance policy. These rates assume good health.

65 year old non-smoking male: $260.44 per month
65 year old non-smoking female: $201.12 per month

These are just some examples to give you an idea of the cost. Because life insurance premiums are based on many other factors such as height, weight, driving history, occupation, and family health history, it is best to get a quote from an experienced agent to find out what your rate would be.

Term Life Insurance at 55 Years Old

June 4, 2009

If you are 55 years old and looking for life insurance, then your needs for life insurance are probably very different than when you were in your 20′s, 30′s, or 40′s. By this age you might be lucky enough to have a paid off mortgage or maybe your children have made it through college and [...]

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Life Insurance at Age 50

June 2, 2009

I have quite a few clients who call me and are worried because their 20 or 30 year term policies have ended or they’ve lost their group coverage because of retirement or being laid off. They think that its going to cost an arm and a leg to get life insurance at age 50. In [...]

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How Age Affects Your Life Insurance Rates

June 2, 2009

Although it isn’t the only thing that affects your life insurance rate, age is one of the biggest factors that life insurance carriers take into consideration. The cost of life insurance and your age go hand in hand. It’s actually very simple. The older you, the more your life insurance will cost. The reason for [...]

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