What Is Life Insurance for Seniors?

A senior whole life insurance policy isn’t just about preparing for the future — it’s about right now, too. Because when you know that the people who matter most to you have some financial protection to help with things like final expenses if you were to pass away, you’ll find peace of mind to truly live your life today. Plan for the future with the financial protection of a Senior Whole Life Insurance Policy.

Senior Whole Life Insurance is a great way to get life insurance if you’re between ages 50 and 80. It comes in small amounts so it can help pay for final expenses after you’ve passed away, helping your loved ones cover the costs of a funeral or any medical bills left behind. Since it’s a whole life policy, it provides lifelong coverage and premiums that never change. 

Benefits of Senior Whole Life Insurance

Life insurance is a proactive way to help provide financial protection to your loved ones. Here are some of the benefits of Senior Whole Life Insurance:

• A simplified application process
• No required medical exam
• Only a few health questions to help determine eligibility

Life insurance for those 50 to 80

This policy is specifically for people ages 50 to 80. It’s designed with simplicity and affordability in mind.

Lifelong protection, guaranteed premiums and cash value

Our Senior Whole Life Insurance policy provides lifelong coverage with premium payments that remain the same regardless of changes in health or age. And the whole life policy builds cash value.

Hassle-free application process

We make the application process simple and convenient. There’s no medical exam,* just an application to fill out and a phone call with some health questions to help determine eligibility. If approved, your Senior Whole Life Insurance policy can be issued in as little as a week. 

Learn more about how a whole life insurance policy benefits seniors.

How Much Does A Senior Whole Life Policy Cost?

There are two available coverage levels for Senior Whole Life Insurance that have been designed with affordability in mind — $10,000 or $15,000. We can help you choose the option that works best for you. 

For example, an eligible 60-year-old non-smoker can buy $10,000 of Senior Whole Life Insurance for under $40 a month — that’s less than $1.50 a day! Talk to your Insurance agent to find the policy that fits your life and budget.