Term Life Insurance Over 65 years of age
Many people over 65 years of age think obtaining life insurance coverage is not possible. That is not the case. Depending on your health status and life style, you can still get affordable rates on term life insurance.
If you are over sixty five years of age, probably your best choice is to go with a 10 year term or 15 year level term insurance policy.
As you can understand, obtaining a 30 year term policy might not be possible, or will be too expensive, at your age.
Examples of Life Insurance Costs
You may be wondering how much will your policy cost, so, here are some examples of average level term life insurance premiums for those over sixty five years of age.
Shown: Monthly premiums for a 10 year term policy for a non smoker woman in good health at different ages 65+.
| AGE | $100,000 | $200,000 | $300,000 | $500,000 | $1,000,000 |
| 65 years of age | $37.29 | $66.92 | $81.06 | $148.80 | $287.10 |
| 66 years of age | $40.59 | $73.53 | $87.59 | $162.31 | $315.00 |
| 67 years of age | $47.60 | $80.05 | $93.32 | $177.62 | $345.61 |
| 68 years of age | $43.82 | $87.53 | $100.47 | $194.25 | $379.75 |
| 69 years of age | $52.11 | $96.57 | $111.48 | $221.40 | $429.75 |
| 70 years of age | $57.42 | $107.20 | $128.25 | $247.05 | $480.20 |
| 71 years of age | $63.09 | $118.53 | $151.38 | $274.05 | $532.35 |
| 72 years of age | $69.90 | $132.21 | $175.05 | $306.90 | $597.15 |
| 73 years of age | $79.47 | $151.29 | $197.22 | $352.83 | $688.05 |
| 74 years of age | $89.15 | $170.55 | $ 224.46 | $399.15 | $778.95 |
| 75 years of age | $100.60 | $193.59 | $256.31 | $454.50 | $888.50 |
Compare Prices For Your Situation Now!
At 65, you may still be working full time and leading a healthy life full of possibilities. In good health, you should still expect many productive years ahead of you working and saving money for your loved ones, since people are living much longer lives these days. Insurance can safeguard your loved ones from money issues in any unforeseen event.
Are you over 65 years of age or older?
CLICK HERE for an Instant Term Life Insurance Quote!
One of our Life Insurance Specialists will contact
you right away between 9 AM and 9 PM (EST)
Related: life insurance for parent