Term Life Insurance Over 55 (fifty-five)
If you are over 55 years of age, it is not too late to get good rates on term life insurance - being it a 10 year term or 20 year term.
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Being over 55, you might not be able to buy a cheap 30 year term policy, but a ten or twenty year is possible, and affordable if you are in good health, do not smoke, and
do not engage in any risky behaviors.
Here are some examples of policies for those 55 (men and women):
- 55 year old man, nonsmoker, in good health, $200,000 coverage for 20 years:
Premiums start at $81.27 per month - Get your own quote!
- 55 year old woman, nonsmoker, in good health, $300,000 coverage for 20 years:
Premiums start at $74.46 per month - Get your own rates!
- 55 year old man, smoker, in fair health, $250,000 coverage for 10 years:
Premiums start at $142.10 per month - Get your own quote!
- 55 year old woman, smoker, in fair health, $400,000 coverage for 10 years:
Premiums start at $146.03 per month - Get your own quotes!
- Fifty-five year old man, non-smoker, in fair health, $500,000 coverage for 20 years:
Premiums start at $255.06 per month - Get your own term quote!
- Fifty-five year old woman, smoker, in fair health, $100,000 coverage for 10 years:
Premiums start at $54.69 per month - Get your own term quote!
Over age 55 (fifty five)?
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Term Life Insurance age 55