How much you pay for life insurance as a senior will depend on the type of coverage you decide to purchase.
Cost of life insurance for 65 year old female.
For example at age 60 you can expect to pay between 100 and 200 a month for 250 000 of term life coverage on a 20 year term.
Term life insurance is the most popular form of life insurance.
Companies won t offer a 30 year or 25 year term policy for 66 year olds.
You ll skip the medical exam in exchange for higher rates and lower.
As a 65 year old senior you may still be working full time and leading a healthy life full of possibilities.
Cost of life insurance for people over the age of 70.
As you saw with the quotes above you can usually get 10 year 15 year or 20 year term life insurance at 66 years old.
What is the cost of life insurance for seniors.
If you are 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.
A 65 year old woman in good health looking for a 20 year term worth 100 000 is likely to be offered.