Can seniors over 70 still get term life insurance?

Yes, many insurance carriers offer term life insurance to applicants over 70, although options are more limited and premiums are higher. Some plans may cap eligibility at age 75 or 80 depending on the term length.

What is the best term length for a senior?

It depends on your goals. Seniors often choose 10- or 15-year terms to cover mortgage debt, income needs, or final expenses affordably. A licensed agent can help tailor the right length to your needs.

Is term life insurance cheaper than whole life for seniors?

Yes. Term life is significantly more affordable than whole life, especially for coverage amounts above $25,000. However, term life eventually expires, while whole life is permanent.

Affordable Term Life Insurance Rates for Seniors

Looking for the best rates on term life insurance for seniors?

You’re in the right place. This tool is designed to help you compare top-rated term life insurance policies you may qualify for based on your age and health.

Your final rate will depend heavily on your age, gender and overall health. Do you best to compare yourself to peers your age. I usually recommend choosing “Standard” for the Health Class—most folks in their 50s, 60s, or even 70s have at least a medical conditions or two. It’s a realistic starting point.

Most life insurance companies require a minimum of $100,000 in coverage, although some smaller policies are available. Every rate shown here is for level premium term life insurance, meaning your rate stays locked in for the entire term—whether it’s 10, 15, 20 years, or more.

Just keep in mind: term life insurance isn’t meant to last your whole lifetime. If you’re in your mid-70s or older, you may want to look at final expense whole life insurance instead. Those policies offer permanent coverage with lifetime guarantees—something term life just can’t do.

If only we all had a crystal ball, right?