Guide to the Best Senior Life Insurance for Seniors

You may be able to pay as little as $15 a month, or you could end up paying over $1,000 a month.

When looking for the best life insurance for seniors, it’s important to ask the following questions:

How much coverage do I need? What kind of life insurance should I get?

What kind of policy is best for my family? How much can I afford? Can I get approved for the policy I want?

Two things in mind: your age and your budget.

Term insurance pays benefits only if death occurs during the term of the policy

Healthy men over 70 can expect to pay $122 to $435 for a ten-year term life insurance policy with a $200,000 death benefit

Healthy women will pay between $66 and $194 for the same policy.

When buying whole life insurance for seniors, healthy men should expect to pay between $1,122 and $2,089 a month for a $250,000 death benefit

Healthy women will pay $934 to $1,801 for their whole life insurance policies.

men will pay roughly $43 to $286 for a $10,000 policy, while women will pay about $33 to $211.